Macau Real Estate News
Macau
Political Uncertainty, Gambling Crackdown Casts Shadow on Macau's Property Market
According to JLL in its Macau Year-end Property Review 2021, Macau's property market showed signs of recovery in mid-2021, however, the emergence of a new wave of epidemics at the end of the year suppressed the pace of recovery.
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.
