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Macau Residential Buyers is Waiting
Global property consultant JLL reports that due to repeated epidemics, economic downturns and high unemployment rate in Macau in 2021, property demand decreased as most of the potential buyers tended.
Macau residential market under challenges
Residential property transactions in the first quarter of the year were at the lowest levels since 2009, according to data from Macau’s Financial Services Bureau.
Macau’s property market remains subdued in 2020
The outlook for Macau’s property market remains gloomy this year despite Beijing’s incentives to diversify the city’s economy away from the casino industry.
Hyatt to Open Andaz Hotel in Macau
Andaz Macau will comprise over 700 rooms and suites, an Andaz Lounge, a bar and restaurant, a state-of-the-art fitness center and an indoor pool.
The Party's Over in Macau
Residential prices have already dropped by more than 24 percent this year.
The Waterside Macau Luxury Residences
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.