Looks like there is a bit of a slump in the local property market as Macau is awaiting for the arrivals of the new casino staff. Meanwhile the well-healed are buying property outside of Macau!
When you combine these facts with the recent slow down in domestic demand for residential Macau property and a sluggish Hong Kong property market, it’s not surprising that developers in the region are looking for new real estate opportunities to tempt investors.
Full article here Macau’s new rich buy property abroad
Related Posts
- Property Purchases and Prices down
As I mentioned earlier, Property Value Down, this is not suprising news to me. Macau Government SAR just released the... - At Long Last The Hong Kong-Zhuhai-Macau Bridge to Go Ahead
The governments of Hong Kong, Guangdong, and Macau yesterday endorsed the financing scheme for bridges linking the three places and... - December 5 & 6, 2006 : EXPO REAL ASIA in Macau
EXPO REAL ASIA takes place on 5 and 6 December in Macau Conference concept is the ideal platform for networking...
- Bruce Germinsky Aims to Exceed Your Real Estate Needs
Image via Wikipedia Monmouth County, New Jersey is the 11th largest populated county in New Jersey. The county has a rich history with five historical... - The Number One Mistake that Would-be Real Estate Investors Make
I met with my friend's wife this weekend to learn more about her thriving real estate business. She helped to confirm what I suspected to... - Real Estate Investments - Good Idea or Bad Idea?
Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made...
