Macau’s newly-rich dip their toes into overseas property market
Written on August 5, 2006 by admin
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
Technorati Tags: macau
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