Macau Real Estate News
Macau
Hong Kong Housing Market Benefits from Mainland China Policy Stimulus
Recent rate cuts and rising stock prices offer positive news for Hong Kong's property market. However, the weak economy and cautious pricing from developers persist.
Hong Kong Class A Office Rents Continue to Downtick in Mid-Summer
According to JLL's latest Hong Kong Property Market Monitor report, vacancy rates of Grade A offices in Central and Hong Kong East improved in July 2024, but office rents continue to slip.
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.
