http://a2zmacau.com/1613/macau-property-market-today/#utm_source=feed&utm_medium=feed&utm_campaign=feed Macau's Premier Information Site! Thu, 08 Oct 2009 20:23:39 +0800 http://wordpress.org/?v=abc hourly 1 http://a2zmacau.com/1613/macau-property-market-today/comment-page-1/#comment-634 a2zMacau Sun, 15 Mar 2009 03:49:03 +0000 http://macaudailyblog.com/macau-property/in-the-macau%e2%80%99s-property-market-what-is-happening/#comment-634 did not a similar thing happen in late 1980"s? did not a similar thing happen in late 1980″s?

]]> http://a2zmacau.com/1613/macau-property-market-today/comment-page-1/#comment-635 Rebecca Sat, 14 Mar 2009 20:38:42 +0000 http://macaudailyblog.com/macau-property/in-the-macau%e2%80%99s-property-market-what-is-happening/#comment-635 Are you joking? As I currently live in Macau the reason the prices are falling, AND WILL CONTINUE TO FALL, is because the government is moving out all foreign labour. Hence, there is nobody to pay the exorbitant rents of even 10 months ago. For an apartment that was paying 17k in rent 12mths ago, FACT: is now $6,900 and only if they can get a tenant. Good one Macau government, they have taken the bottom out of the property market. We have had our rent reduced twice and will now look at moving as our exact apartment in another block is $8,500 with better facilities, in-built oven for one thing, and we are still paying $12,000. Move on it is, and there are PLENTY of apartments to chose from! And I hope the government has learnt a valuable lesson! Are you joking? As I currently live in Macau the reason the prices are falling, AND WILL CONTINUE TO FALL, is because the government is moving out all foreign labour. Hence, there is nobody to pay the exorbitant rents of even 10 months ago. For an apartment that was paying 17k in rent 12mths ago, FACT: is now $6,900 and only if they can get a tenant. Good one Macau government, they have taken the bottom out of the property market. We have had our rent reduced twice and will now look at moving as our exact apartment in another block is $8,500 with better facilities, in-built oven for one thing, and we are still paying $12,000. Move on it is, and there are PLENTY of apartments to chose from! And I hope the government has learnt a valuable lesson!

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