Entries Categorized as 'Development'

At Long Last The Hong Kong-Zhuhai-Macau Bridge to Go Ahead

Date February 29, 2008

The governments of Hong Kong, Guangdong, and Macau yesterday endorsed the financing scheme for bridges linking the three places and the massive project will soon proceed to public tenders. Macau’s casino magnate Dr Stanley Ho has said that he is interested in bidding for the project.

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Macau Light Railway Moves on To Next Phase

Date February 23, 2008

The Macau government has selected seven international companies to present proposals for consultation on the first phase of construction of the light railway that is due to be finished in 2011, officials said Thursday.

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Discussion of Macau Land Concession Moves On

Date February 15, 2008

The eventual committee of the land concession system yesterday moved to discuss policy orientation and specific executive measures after the government presentation was completed.

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Macau Real Estate Brokers to Be Regulated

Date January 31, 2008

The Macau government put its proposal for a law to regulate the real estate brokerage sector out to public consultation, which will require agents to be registered and to pass an examination.

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Macau to Adjust Developments Around Guia Lighthouse

Date January 14, 2008

Following our earlier reports comes some good news that the Macau Government is finally considering to review the construction and planning situation around the 90-meters high Guia Lighthouse.

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There is No Property Bubble in Macau!

Date January 11, 2008

The value of property in Macau is high compared with what locals have been used to but is still in line with the region, said the asset and liability general manager of the Bank of China Macau branch yesterday.

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Macau Property Opportunities Fund 4Q 2007 Update

Date January 10, 2008

Investor Update Fourth Quarter 2007

Quarterly Highlights
* US$43.1 million in new acquisitions announced

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Macau Sites Sells for Ten Times Reserve

Date January 9, 2008

A site was sold at a government land auction in Macau yesterday for 555 million patacas (US$70 million), 10 times higher than the reserve price. The 18,000-square-foot site had a reserve price of 55 million patacas(US$7 million).

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