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.
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.
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.
Shadowed by the various regulatory measures on the property market and the external economic uncertainty, Macau's property market softened and saw a slowdown in investment sentiment.
Macau's gaming revenue recorded y-o-y growth for the 11th month in a row, driving A residential property market rebounded amid the robust primary sales, leading to strong price growth in some of the residential projects.
Posted on January 11, 2016