The authorities in Zhuhai, southern China, have announced a detailed blueprint of Henqin Island Development Plan. The island, home to about 4,000 people, is very close to Macau. Strangely there is no mention of Las Vegas Sands involvement in this development.
The plans call for oil and gas terminals, entertainment centres – and a branch of
Shun Tak Holdings Ltd, the ferry company and property developer controlled by billionaire Stanley Ho and his family, said first-half profit surged 20-fold on gains from property revaluation and the sale of the Mandarin Hotel stake, now called Grand Lapa Macau.
Net income climbed to HK$1.69bn (US$218m), or 74.9 cents a share, from HK$84.1m, or 3.5
The current financial instability in the Worlds’ economy is certainly going to affect Macau property prices.
The question is; How ?
Opinions vary of course, that is the nature of ‘forecasting’. One of the world’s most respected financial institutions, the International Monetary Fund or IMF, predicts recession in USA and Europe. You may think that all these
The investment immigration scheme through buying properties in Macau will not be resumed at least for the next two years, according to government sources.
The Jornal Va Kio reported that the Government has no intention to review the decision, announced by the Chief Executive Ho Hau Wah during the Legislative Assembly’s question time on 3 April
Local legislator and president of CAA City Planning and Engineering Consultants, Jose Sai-Peng Chui, presented diagrams showing how new land developments earmarked for urban development were switched to almost 100 per cent hotel and gaming use.
Examples of the land reclamation in the NAPE district, to the east of Macau peninsula, and the Cotai Strip between