Macau Real Estate News
Macau
Macau's Residential Sales Continue to Decline in 2024
Data from DSF indicate that the housing market transaction volume decreased by 12.7% year-over-year in the first half of the year, while 172 presale homes were recorded during the same period.
Macau's Residential Market, Economy Both Face Ongoing Challenges in 2024
Based on JLL's newly released "2023 Macau Property Market Review", Macau's economy has gradually recovered. However, property assets continue to be under pressure due to factors such as high interest rates, and it is expected that the recovery of the Macau property market will remain slow.
Hong Kong New Residential Construction Completions to Implode 44 Percent by 2026
Based on JLL's latest Hong Kong Residential Market Monitor Report, JLL forecasts annual private housing completion in 2026-2028 to decrease 44% compared to 2023-2025.
Asia Pacific Tourism to Approach Full Recovery in 2024, Driving Hotel Sector Growth
According to new CBRE research, institutional investors are attracted to prime hotel assets in tier one markets across Asia Pacific, even though tourist arrivals in key destinations are only reaching 70-80% of pre-pandemic levels.
