Macau Real Estate News
Macau
Growing Asia Pacific Hotel Investments in 2021 Reflects Growing Optimism
On a quarter-over-quarter basis, Q2 2021 saw $2.3 billion in hotel transaction volume across the region, a 5.1% slide from Q1 2021. Japan, Mainland China, Korea and Australia made up the bulk of sales volume during the second quarter, says CBRE.
Driven by Coronavirus, Macau Commercial Rents Bottomed Out in 2020
According to JLL in its Macau Year-end Property Review 2020, Macau's overall property market experienced a relatively moderate contraction in 2020, thanks to its success in having Covid-19 under control locally.
Shenzhen is Greater Bay Area's Next Major Business Growth Market
The primary growth node in the Greater Bay Area (GBA) as its concentration of highly innovative and technically-advanced industries could help stimulate economic development.
Macau's Housing Market to Remain Subdued in 2020
According to JLL in its Macau Year-end Property Review 2019, impacted by the cautious investment sentiment caused by the global economic uncertainty, all property sectors in Macau experienced a significant fall in transaction volume last year.
