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Residential prices have already dropped by more than 24 percent this year.
The Waterside, a luxury 59-unit project occupying Tower Six in One Central Residences, one of Macau’s most prestigious residential address, recently hit a 95 percent occupancy rate.
Property prices in Macau will continue to rise this year says the president of Macau’s Association of Real Estate Agents, Chong Sio Kin. Prices will rise about 5-10 per cent.