Macau Property Transaction Records - Page 5

MacauVillager28 · April 28th, 2008, 12:13 PM

MACAU One Central Residences High B 3006 22845600 7600
MACAU One Central Residences B Low 7 1273 7100000 5577
MACAU Le Royal Arc Middle D 2411 11040000 4579
MACAU Le Royal Arc B High 2803 14900000 5316
MACAU La Cite 3 Middle E 1846 5620000 3044
MACAU La Cite B High 2 1185 3700000 3122
MACAU La Cite E Middle 3 1850 5780000 3124
MACAU La Baie Du Noble W High 5 1597 4980000 3118
MACAU Keng Fong Mansion G Low 1630 3800000 2331
MACAU Jardim Son Fu Middle B 1472 4600000 3125
MACAU Edf. Wa Heng Low D 600 660000 1100
MACAU Edf. Sun Ting A Low 1100 950000 864
MACAU Edf. Macau L Low C 900 980000 1089
MACAU Edf. Long Van High G 1400 1900000 1357
MACAU Edf. Hou Yuen A Low 900 1400000 1556
MACAU Edf. Hoi Pan Garden B Middle 5 792 1300000 1641
MACAU Edf. Fai Tak Low A 650 950000 1461
MACAU Classic Bay C Low 1353 2570000 1899
MACAU The Praia V High 4 938 2900000 3092
MACAU The Praia 2 High L 1016 4330000 4261
MACAU The Praia 2 High M 1016 4330000 4261
MACAU The Praia 2 High MM 1099 3857400 3509
MACAU The Praia 2 High L 1016 3527100 3471
MACAU The Praia 2 High K 1099 4319200 3930
MACAU The Praia 2 High J 1099 4894800 4453
MACAU The Praia 2 High I 1016 4483600 4412
MACAU The Praia 2 High G 1099 4379800 3985
MACAU Tong Wa San Chun 9 Low D 636 1000000 1572
MACAU Villa de Mer 4 High AB 2950 11000000 3728
MACAU Vista Magnifica Court Middle F 2096 6500000 3101
MACAU Wan Yu Villas 2 Low J 1986 4580000 2306
TAIPA Prince Flower City High J 1645 5150000 3131
TAIPA One Grantai T Low 5 3024 19360000 6402
TAIPA One Grantai B Middle 1 5350 49000000 9159
TAIPA Nova City, Tower 14 Low B 1318 4180000 3172
TAIPA Nova City C Low 9 1975 6320000 3200
TAIPA Macau Windsor Arch 9 High D 1984 16070000 8099
TAIPA Kingsville B High 1 1801 6680000 3709
TAIPA Jardim Hoi Wan, Hoi Fong Court High K 1006 1650000 1640 With Parking Space
TAIPA Hoi Yee Fa Yuen N Low 2 814 880000 1081
TAIPA Flower City, Edf. Lei Hau E High 1028 3200000 3113
TAIPA Edf. Palacio Do Sucesso ML Low 2 1877 3500000 1865
TAIPA Edf. Nova Taipa Garden, Rose Court Low B 849 2700000 3180 With Parking Space
TAIPA Edf. Nam San 3 Middle E 1590 3180000 2000
TAIPA Edf. Nam San B Middle 3 1050 1980000 1886
TAIPA Edf. Nam San B Low 1 1600 2980000 1863
TAIPA Edf. Mei Keng Garden, Mei Tou Court AE Low 560 1300000 2321
TAIPA Edf. Mei Keng Garden, Mei Lei Court A Low 1825 3000000 1644
TAIPA Edf. Lei Man High O 645 1220000 1891
TAIPA Edf. Lei Man O High 458 950000 2074
TAIPA Edf. Imperial Mansion Low B 1481 3600000 3429 With Parking Space
TAIPA Edf. Hoi Yee Fa Yuen High E 1050 2360000 2248
TAIPA Siu Keng Tai Low E 1750 2900000 1657

MacauVillager28 · April 28th, 2008, 12:18 PM

Past 2 weeks showed showed some BIG deals. One Grantai did incredibly well, with 3 deals over $37m, including one at $49m !!!! That's over USD6m! That's a big price for anywhere in the world, and either buyer doesn't care or buyer thinks one day Macau will have one of the highest prices in the world.
One Central did well, with one large deal at $22m.
Also interesting to note, first deal for Windsor Arch, priced at over $8k psf!!!
In terms of big deals, past 2 weeks incredibly active. Guess those who thought $30m+ deals were rare, this shows there is a market for mega deals.

Macautripping · May 31st, 2008, 02:34 AM

What is the avg. price/sq. ft., in U.S.$, for the most elaborate serviced apartment complex in Macau (any part of macau- Cotia, Penninsula, Tapai)

Does US$1,000 per sq. ft. average overall price for an apartment in One Grantai sound about right??

I assume that is the nicest apartment complex on the market right now.

I'm trying to get an idea of what the avg. US$ prices would be overall for a top notch luxury apartment in Macau.

----

Any ideas what the Four Seasons Macau on the Cotai Strip will sell for per sq. ft. in US$?? I'd imagine that one to break new records, wouldn't you agree? I've actually heard rumors of it fetching around US$2,000 per sq.ft. when they begin pre-sales soon.

Nongice626 · May 31st, 2008, 10:25 AM

Quote:

Originally Posted by Macautripping

What is the avg. price/sq. ft., in U.S.$, for the most elaborate serviced apartment complex in Macau (any part of macau- Cotia, Penninsula, Tapai)

Does US$1,000 per sq. ft. average overall price for an apartment in One Grantai sound about right??

I assume that is the nicest apartment complex on the market right now.

I'm trying to get an idea of what the avg. US$ prices would be overall for a top notch luxury apartment in Macau.

----

Any ideas what the Four Seasons Macau on the Cotai Strip will sell for per sq. ft. in US$?? I'd imagine that one to break new records, wouldn't you agree? I've actually heard rumors of it fetching around US$2,000 per sq.ft. when they begin pre-sales soon.

you can simply do the math calculations by converting from hkd to usd with the #'s above.

MacauVillager28 · June 1st, 2008, 09:58 AM

Quote:

Originally Posted by Macautripping

What is the avg. price/sq. ft., in U.S.$, for the most elaborate serviced apartment complex in Macau (any part of macau- Cotia, Penninsula, Tapai)

Does US$1,000 per sq. ft. average overall price for an apartment in One Grantai sound about right??

I assume that is the nicest apartment complex on the market right now.

I'm trying to get an idea of what the avg. US$ prices would be overall for a top notch luxury apartment in Macau.

----

Any ideas what the Four Seasons Macau on the Cotai Strip will sell for per sq. ft. in US$?? I'd imagine that one to break new records, wouldn't you agree? I've actually heard rumors of it fetching around US$2,000 per sq.ft. when they begin pre-sales soon.

USD1000 psf is about MOP8k, so that sounds about right. Some units have gone for just under HKD10k psf (ie just under HKD50m for 5k sf unit).
Note most of these apartments are under construction, so hard to get idea of what will be actual rental prices. Think Manhattan is completed so is a comparable for luxury serviced apartment (think this is HKD5-6k psf).

However, you should note Macau follows HK/China rules on area. So for 1000 sf this is a gross area (including lobbies etc). You are likely to only get 70% efficiency, so for 1000 sf you will only get 700 sf. This means prices on a net sf (or usable are) is likely to be much higher.

Your guess on Four Seasons seems to be what other rumours seem to be.. (ie HKD15.6k psf).... Local HK papers also reported in past week a deal for One Central duplex at a record (if confirmed) at HKD45m for 3100 sf. This is just over HKD14.5k psf, and would be the record in Macau. Hence Four Seasons can launch at this level USD2k (maybe more for Penthouses !!)

MacauVillager28 · June 14th, 2008, 07:43 AM

Macau developers now heavily promoting Macau, with Midland organizing exhibition last week.

Particulary, Windsor Arch promoting itself on HK TV heavily now, plus internationally (London ? exhibition) plus slots on things like CNN (I think).

Also, Residencia also sponsoring TV programmes in HK...

Guess local demand being soaked up ???

onegrantai · June 16th, 2008, 02:49 AM

Windsor Arch is also sponsoring the Chelsea match in Macau, all seem a lot of work for one project. But I guess the prices they are seeking is the highest in Macau so far, higher even than One Central and One Grantai (think they are trying to sell average $8000/sf).

I believe both One Central and One Grantai have much better locations, mixed with the current gloom of Macau market like you mentioned in your tourism section, maybe the project would be a hard to sell one. (I don't think either One Central or One Grantai can fetch $8000/sf average selling price in the current market).

As a Macau investor, I hope they do well, but the realistic side of me is thinking it would be a hard sell.

Ps- the current transaction level in Macau is very low!

macau_now · June 17th, 2008, 12:35 PM

Quote:

Originally Posted by onegrantai

As a Macau investor, I hope they do well, but the realistic side of me is thinking it would be a hard sell.

Ps- the current transaction level in Macau is very low!

No problem, I am sure many wealthy Asian and European and American families are just waiting to move to Macau - service standards are great, education and medical facilities are all world class, no pollution, everyone speaks English, beautiful scenery... its better than Monaco and still slightly cheaper!

MacauVillager28 · June 23rd, 2008, 03:04 PM

In today's SCMP

Speymill Macau is in finanl stages of buying AIA tower for HKD1.3bn, this follows funding of HKD1bn of a high-end residential tower in June.
The residential project is for 259 units on SW Macau peninsula, while AIA tower is approx 440k sf.
Speymill Director, Peter Churchhouse (ex-MS and veteran HK property analyst) says Macau office basically cheap, and the purchases reflect their confidence in Macau.

HK Bystander · June 23rd, 2008, 04:05 PM

Quote:

Originally Posted by MacauVillager28

In today's SCMP

Speymill Macau is in finanl stages of buying AIA tower for HKD1.3bn, this follows funding of HKD1bn of a high-end residential tower in June.
The residential project is for 259 units on SW Macau peninsula, while AIA tower is approx 440k sf.
Speymill Director, Peter Churchhouse (ex-MS and veteran HK property analyst) says Macau office basically cheap, and the purchases reflect their confidence in Macau.

Info from Morgan Stanley
The 22-storey AIA Tower includes 17 floors of grade A offices and five floors of shops and parking space, with a total floor area of 437,000 square metres. It is in Nan Van district near Hotel Lisboa and the Bank of China building.
The building was completed in 2001 but remained unoccupied until May 2005, when a joint venture led by Morgan Stanley Real Estate Funds, with investors including Hong Kong-listed Pioneer Global Group and US financial giant Wachovia Corp, acquired it for HK$600 million.
The Morgan Stanley fund has an effective 60 per cent stake in the property, with Pioneer Global holding 25 per cent and Wachovia the remaining 15 per cent.
Following a year-long renovation completed in the second quarter of 2006, the tower was relaunched and rebranded with US insurance giant AIA as the anchor tenant.
The average rents for the property range between HK$14 and HK$19 per square foot, compared with about HK$7 before the renovation, according to property consultants.
Occupancy at the AIA Tower jumped to 90 per cent from 30 per cent after renovation, said Franco Liu Pui-lam, director and head of Savills' Macau office. "There are just a handful of qualified grade A buildings in Macau ."

MacauVillager28 · August 8th, 2008, 12:06 PM

Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline Jul 16-31
One Grantai, Blk 6 Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15
One Central, Twr 1 M/F Unit C, 895sf, $5.100m, $5698: Centaline Jul 1-15
No Ricacorp data yet

One Central, Blk 1 Mid/Low Unit F, 1841sf, $12.530m, $6806psf: Ricacorp June
One Central, Blk 1 Hi/F Unit C, 918sf, $5.300m, $5773psf: Midland June
One Grantai, Blk 5 Lo/F Unit M, 3025sf, $18.150m, $6000psf: Ricacorp June
Residencia, Blk 5 Hi/F Unit A, 1692 sf, $9.300m, $5496psf: Centaline Jun 1-15
Arc de Triumph, Hi/F Unit D, 2211sf, $14.000m, $6332psf: Ricacorp June
Arc de Triumph, M/F Unit E, 2261sf, $11.576m, $5120psf: Midland June
Arc de Triumph, Hi/F Unit C, 1821sf, $7.300m, $4228psf: Ricacorp June

One Grantai, Blk 1 Lo/F Unit A, 5205sf, $38.0m, $7300psf: Centaline May 15-31
One Grantai, Blk 6 Hi/F Unit W, 3025sf, $19.058m, $6300psf: Centaline May 1-15
One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799psf: Centaline May 15-31
One Central, Blk 1 M/F Unit E, 1819sf, $12.227m, $6721psf: Centaline May 15-31
One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799psf: Centaline May 1-15
One Central, Blk 2 Hi/F Unit B, 2267sf, $15.000m, $6616psf: Centaline May 1-15
One Central, Blk ? M/F Unit A, 2262sf, $15.380m, $6799psf: Ricacorp May
One Central, Blk 1 M/F Unit E, 1819sf, $12.187m, $6700psf: Ricacorp May
One Central, Blk 7 M/F Unit B, 1272sf, $7.190m, $5653psf: Ricacorp May
One Central, Blk 1 M/F Unit D, 654sf, $4.170m, $6376psf: Midland May
Residencia, Blk 5 M/F Unit C, 1207sf, $4.828m, $4000psf: Centaline May 15-31
Residencia, Blk 5 M/F Unit A, 1690sf, $8.415m, $4979psf: Centaline May 15-31
Pearl on Lough, Blk 2 L/F Unit E, 4299sf, $17.626m, $4100psf w/cp: Centaline May 1-15
Arc de Triumph, Hi/F Unit E, 2261sf, $11.50m, $5086psf: Centaline May 1-15
Arc de Triumph, Hi/F Unit F, 2261sf, $13.06m, $5776psf: Ricacorp May
Arc de Triumph, Mi/F Unit J, 2504sf, $13.70m, $5473psf: Midland May
Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland May

One Grantai, Blk 1 M/F Unit B, 5350sf, $49.00m, $9159psf: Ricacorp April
One Grantai, Blk 5 M/F Unit T, 3025sf, $27.225m, $9000psf: Centaline Apr 1-15
One Grantai, Blk 1 M/F Unit B, 5350sf, $52.27m, $7900psf: Ricacorp April
One Grantai, Blk 5 Lo/F Unit T, 3024sf, $19.36m, $6402psf: Ricacorp April
One Grantai, Blk 3 Lo/F Unit F, 2931sf, $21.10m, $7199psf: Ricacorp April
One Central, Blk 7 Hi/F Unit C, 1176sf, $7.200m, $6122psf: Ricacorp April
One Central, Blk 7 Lo/F Unit B, 1273sf, $7.100m, $5577psf: Ricacorp April
One Central, Blk ? Hi/F Unit B, 3006sf, $22.8456m, $7600psf: Midland April
Arc de Triumph, Mi/F Unit J, 2503sf, $13.70m, $5473psf: Midland April
Arc de Triumph, Hi/F Unit B, 2803sf, $14.900m, $5316psf: Ricacorp April
Arc de Triumph, Hi/F Unit D, 2411sf, $11.57m, $4799psf: Midland April
Arc de Triumph, Mi/F Unit D, 2411sf, $11.04m, $4579psf: Midland April
Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland April
Buckingham, 6 units, 1080-1873sf, $4000-4800psf: Centaline Apr 16-31
Residencia, Blk 3 Hi/F Unit B, 1787sf, $9.560m, $5410psf: Centaline Apr 16-31
Praia, 8 units, 1016-1099sf, $3985-4594psf: Centaline Apr 1-15

One Central, Blk ? Hi/F Unit A, 2760sf, $21.23m, $7699psf: Ricacorp Mar
One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555psf: Midland Mar
One Central, Blk 1 Mi/F Unit C, 918sf, $5.300m, $5773psf: Midland Mar
One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555 ? psf: Midland Mar
One Grantai, Blk 1 Hi/F Unit B, 5351sf, $48.694m, $9099psf: Centaline Mar 1-15
One Grantai, Blk 6 Lo/F Unit W, 2931sf, $18.47m, $6302psf: Ricacorp Mar
One Grantai, Blk 3 Lo/F Unit J, 2019sf, $13.13m, $6503psf: Ricacorp Mar
Arc de Triumph, Hi/F Unit D, 2411sf, $13.324m, $5526psf: Centaline Mar 1-15
Arc de Triumph, Hi/F Unit B, 2803sf, $14.80m, $5280psf: Centaline Mar 1-15
Arc de Triumph, Hi/F Unit K, 2261sf, $10.53m, $4657psf: Ricacorp Mar
Arc de Triumph, Hi/F Unit K, 2261sf, $11.305m, $5000psf: Centaline Mar 16-31
Arc de Triumph, Mi/F Unit E, 2261sf, $11.322m, $5008psf: Midland Mar
Residencia, Blk 1 Hi/F Unit B, 1693sf, $8.530m, $5038psf: Centaline Mar 1-15
Buckingham, 4 units, 1080-1186sf, $4259psf, $4291psf: Centaline 16-31 Mar

MacauVillager28 · August 8th, 2008, 12:20 PM

From Centaline, Ricacorp and Midland property agencies only..(ie Intl, local not included).
One Grantai, Blk 6 Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15
One Grantai, Blk 5 Lo/F Unit M, 3025sf, $18.150m, $6000psf: Ricacorp June - 1 in Jun
One Grantai, Blk 1 Lo/F Unit A, 5205sf, $38.0m, $7300psf: Centaline May 15-31
One Grantai, Blk 6 Hi/F Unit W, 3025sf, $19.058m, $6300psf: Centaline May 1-15 - 2 in May
One Grantai, Blk 1 M/F Unit B, 5350sf, $49.00m, $9159psf: Ricacorp April
One Grantai, Blk 5 M/F Unit T, 3025sf, $27.225m, $9000psf: Centaline Apr 1-15
One Grantai, Blk 1 M/F Unit B, 5350sf, $52.27m, $9700psf: Ricacorp April
One Grantai, Blk 5 Lo/F Unit T, 3024sf, $19.36m, $6402psf: Ricacorp April
One Grantai, Blk 3 Lo/F Unit F, 2931sf, $21.10m, $7199psf: Ricacorp April- 5 in April
One Grantai, Blk 1 Hi/F Unit B, 5351sf, $48.694m, $9099psf: Centaline Mar 1-15
One Grantai, Blk 6 Lo/F Unit W, 2931sf, $18.47m, $6302psf: Ricacorp Mar
One Grantai, Blk 3 Lo/F Unit J, 2019sf, $13.13m, $6503psf: Ricacorp Mar - 3 in March
12 deals

One Central, Twr 1 M/F Unit C, 895sf, $5.100m, $5698psf: Centaline Jul 1-15
One Central, Blk 1 Mid/Low Unit F, 1841sf, $12.530m, $6806psf: Ricacorp June
One Central, Blk 1 Hi/F Unit C, 918sf, $5.300m, $5773psf: Midland June - 2 in June
One Central, Blk ? M/F Unit A, 2262sf, $15.380m, $6799psf: Ricacorp May
One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799psf: Centaline May 15-31
One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799 (?) psf: Centaline May 1-15
One Central, Blk 1 M/F Unit E, 1819sf, $12.227m, $6721psf: Centaline May 15-31
One Central, Blk 1 M/F Unit E, 1819sf, $12.187m, $6700psf: Ricacorp May
One Central, Blk 2 Hi/F Unit B, 2267sf, $15.000m, $6616psf: Centaline May 1-15
One Central, Blk 1 M/F Unit D, 654sf, $4.170m, $6376psf: Midland May
One Central, Blk 7 M/F Unit B, 1272sf, $7.190m, $5653psf: Ricacorp May - 8 in May
One Central, Blk ? Hi/F Unit B, 3006sf, $22.8456m, $7600psf: Midland April
One Central, Blk 7 Hi/F Unit C, 1176sf, $7.200m, $6122psf: Ricacorp April
One Central, Blk 7 Lo/F Unit B, 1273sf, $7.100m, $5577psf: Ricacorp April - 3 in Apr
One Central, Blk ? Hi/F Unit A, 2760sf, $21.23m, $7699psf: Ricacorp Mar
One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555psf: Midland Mar
One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555 ? psf: Midland Mar
One Central, Blk 1 Mi/F Unit C, 918sf, $5.300m, $5773psf: Midland Mar - 4 in Mar
18 deals

Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline Jul 16-31
Arc de Triumph, Hi/F Unit D, 2211sf, $14.000m, $6332psf: Ricacorp June
Arc de Triumph, M/F Unit E, 2261sf, $11.576m, $5120psf: Midland June
Arc de Triumph, Hi/F Unit C, 1821sf, $7.300m, $4228psf: Ricacorp June - 3 in Jun
Arc de Triumph, Hi/F Unit F, 2261sf, $13.06m, $5776psf: Ricacorp May
Arc de Triumph, Mi/F Unit J, 2504sf, $13.70m, $5473psf: Midland May
Arc de Triumph, Hi/F Unit E, 2261sf, $11.50m, $5086psf: Centaline May 1-15
Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland May - 4 in May
Arc de Triumph, Mi/F Unit J, 2503sf, $13.70m, $5473psf: Midland April
Arc de Triumph, Hi/F Unit B, 2803sf, $14.900m, $5316psf: Ricacorp April
Arc de Triumph, Hi/F Unit D, 2411sf, $11.57m, $4799psf: Midland April
Arc de Triumph, Mi/F Unit D, 2411sf, $11.04m, $4579psf: Midland April
Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland April - 5 in Apr
Arc de Triumph, Hi/F Unit D, 2411sf, $13.324m, $5526psf: Centaline Mar 1-15
Arc de Triumph, Hi/F Unit B, 2803sf, $14.80m, $5280psf: Centaline Mar 1-15
Arc de Triumph, Hi/F Unit K, 2261sf, $11.305m, $5000psf: Centaline Mar 16-31
Arc de Triumph, Mi/F Unit E, 2261sf, $11.322m, $5008psf: Midland Mar
Arc de Triumph, Hi/F Unit K, 2261sf, $10.53m, $4657psf: Ricacorp Mar - 5 in Mar
18 deals

Following may not be complete (only Centaline)
Residencia, Blk 5 Hi/F Unit A, 1692 sf, $9.300m, $5496psf: Centaline Jun 1-15
Residencia, Blk 5 M/F Unit C, 1207sf, $4.828m, $4000psf: Centaline May 15-31
Residencia, Blk 5 M/F Unit A, 1690sf, $8.415m, $4979psf: Centaline May 15-31
Residencia, Blk 3 Hi/F Unit B, 1787sf, $9.560m, $5410psf: Centaline Apr 16-31
Residencia, Blk 1 Hi/F Unit B, 1693sf, $8.530m, $5038psf: Centaline Mar 1-15
Praia, 8 units, 1016-1099sf, $3985-4594psf: Centaline Apr 1-15
Pearl on Lough, Blk 2 L/F Unit E, 4299sf, $17.626m, $4100psf w/cp: Centaline May 1-15
Buckingham, 6 units, 1080-1873sf, $4000-4800psf: Centaline Apr 16-31
Buckingham, 4 units, 1080-1186sf, $4259psf, $4291psf: Centaline 16-31 Mar

onegrantai · August 11th, 2008, 02:14 AM

Very good work, Macau Villager!

It seems the most popular units, ie the biggest and thus most expensive are block one units, it seems like when the current round of negativity is blown over, they should regularly attract prices over $10000/sf, especially if higher units come up for sale, but that is unlikely as they are tend to be held by the who and who of Macau.

right now transaction is very slow, some sellers want to achieve panic sale are asking very low prices, but it seems vase majority of the vendours, same as international funds, have the believe the Macau story is only beginning, and not the end like some of the locals are led to believe.

Only time will tell, but I am siding with the big boys!

MacauVillager28 · November 1st, 2008, 04:36 PM

From Centaline, Ricacorp and Midland property agencies only..(ie Intl, local not included).
One Central, Blk 1 Mid/F Unit C, 895sf, $5.8m, $6480psf: Centaline Oct 1-15 Oct
One Central, Blk 1 Lo/F Unit D, 654sf, $2.9757m, $4550psf: Centaline Sep 16-30 Sep
One Central, Blk 5 Mid/F Unit B 2312sf, $13.8m, $5969psf: Midland Sep
One Central, Blk 1 Lo/F Unit D 654sf, $2.88m, $4404psf: Midland Sep
Arc de Triumph, Hi/F Unit C 1821sf, $5.6m, $3075psf: Midland Sept
Arc de Triumph, Hi/F Unit C 1821sf, $5.68m, $3119psf: Midland Sep
Arc de Triumph, Mid/F Unit A 2261psf, $9.5m, $4202psf: Midland Sep
Arc de Triumph, Lo/F Unit G 850ssf, $1.96m, $2306psf: Midland Sep
Arc de Triumph, Lo/F Unit G 850ssf, $1.96m, $2306psf: Midland Sep
One Central, Blk ? Mid/F Unit A 2729sf, $15.2824m, $5600psf: Midland Aug
One Grantai, Blk ? Lo/F Unit E, 2116sf, $9.1246m, $4312psf: Midland Aug
One Grantai, Blk ? Lo/F Unit Y, 2116sf, $9.8m, $4631psf: Centaline Aug 1-15
Arc de Triumph, Hi/F Unit B, 2803sf, $12.8938m, $4600psf: Centaline Aug 1-15
Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline July 16-31
One Grantai, Blk ? Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15
One Central, Blk 7 Mid/F Unit A 1259sf, $8.12m, $6399psf: Ricacorp July
Arc de Triumph, Hi/F Unit B 2803sf, $12.56m, $44801psf: Ricacorp July
One Grantai, Blk 5 Mid/F Unit V 2158sf, $11.36m, $5264psf: Ricacorp July
One Grantai, Blk 1 Mid/F Unit A 5414sf, $46.1m, $8514psf: Ricacorp July
One Grantai, Blk 6 Mi-Hi/F Unit W 2931sf, $20.51m, $6997.61psf: Ricacorp July
From Earlier centaline for July (repeated earlier)
One Grantai, Blk 6 Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15
One Central, Twr 1 M/F Unit C, 895sf, $5.100m, $5698psf: Centaline Jul 1-15
Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline Jul 16-31
Oct data for Centaline only (no Midland, Ricacorp yet)

MacauVillager28 · November 1st, 2008, 04:40 PM

Market obviously been quiet past few months...
Of note, so far (yet) of prime seaview on One Central being sold at $4800psf (as have been offered by agents)...

However, not being completely dead market, so encouraging to see latest deal for 1 bed facing Wynn selling at near HKD6.5k psf (but obviously one deal doesn't make a summer).

But Arc de Triumph seems to be selling at record lows.... and below touted intial launch price. Maybe partly coz it is coming close to completion, seeing some distressed selling ? (like in HK). Not sure if these are developers dumping remaining units or secondary sales.

Data may not reflect very latest crisis in stock markets....

MacauVillager28 · November 17th, 2008, 10:08 AM

Macau Daily Times
Sunday, 16 November 2008
Associate director and head of Jones Lang LaSalle, Jeff Wong, said he predicted that the constant departure of non local labourers in Macau would contribute to a minimum 10 percent decrease of residential rents in the next three months.
Nearly 10,000 imported workers had to return to their places of origins as prompted by the suspension of Las Vegs Sands Corp (LVS) expansion projects in Macau.
Mr Wong said in the view of the global economic slump, it was "inevitable" that enterprises would try to cut costs and dismiss foreign labourers first in order to align the SAR's employment policy.
Hence he said that more imported labourers from other companies would also lose their jobs in Macau but would not be "as many as Sands' case", the Macao Daily News reported yesterday.
As a number of foreign workers had rented properties in Macau, their departure would cause "pressure" within the rental market.
Mr Wong said rents in the next three months would drop by at least 10 percent, and particularly in Taipa where most workers from the Cotai Strip lived.
In addition, according to the Chinese daily, Mr Wong said he believed that staff from management level would be the next batch to depart Macau for Singapore where LVS was going to focus its energy on The Marina Bay project before the one in the SAR.
He added that engineers from Hong Kong and Malaysia and also architectures would be shifted to develop the Singapore project which would then impact on Macau's high end residential rental market.
The Jones Lang LaSalle executive also said that Macau's real estate market was entering a "critical moment" and would be affected by a number of factors including tightening of the mainland's visit restrictions, difficulty of financing, slowing down of the Cotai Strip development and the lagging of long-term economic growth.
As well, the global financial crisis minimised people's intentions on investment which would also create uncertainty to the property sector, Mr Wong said.
In October, turnover fell to a record low of about 400 cases which Mr Wong said was even lower than during the outbreak of the SARS epidemic in 2003.
Although the Macau government recently announced measures to save the market, Mr Wong said they were mainly to help people without properties to make their first purchases and thus had “limited effects” to the real estate industry as a whole.
In addition, he said the number of transactions did not increase significantly since the government measures were launched, but added that changes would be recorded in the next two months.

HK Bystander · November 18th, 2008, 07:25 AM

Everything sounds quite depressing

HereAndThere · February 19th, 2009, 04:23 AM

Does anyone have update of the Transaction Record as posted previously?

Macau, China, 18 Feb - The number of building units purchased and sold in the fourth quarter of 2008 plunged 56.9 percent from the third quarter to 2,003 units, representing the lowest level since 2002 according with official figures.

A Tuesday report by Macau's Statistics and Census Service based on Stamp Duty records noted the value of these transactions dropped 64.6 percent to MOP2.67 billion (US$ 333 million) in the fourth quarter.

The majority (1,286 units) of the transactions were residential units and the respective value amounted to MOP2.15 billion, down by 53.3 percent and 66.1 percent respectively quarter-to-quarter.

Among the residential units, 944 were situated in the Macao Peninsula and 338 in Taipa.

In terms of transaction price, 53.7 percent (690 units) were sold for MOP1,000,000 (US$ 125,000) or less and 18.6 percent (239 units) for over MOP1,000,000 to MOP2,000,000 (US$ 250,000).
This does not add up - but anyway majority <1M.

In 2008, the number of units purchased and sold declined 33.3 percent to 21,516 units.

The value of these transactions slipped 28.6 percent to MOP 35.02 billion (US$ 4.37 billion) in the year.

(MacauNews)

Gwo Loo Waan · February 19th, 2009, 06:54 AM

Quote:

Originally Posted by HK Bystander

Everything sounds quite depressing

That is good! Let's get back to earth my friends. Everybody was paying too much, and the market was unreal.

MacauVillager28 · February 22nd, 2009, 10:49 AM

Not sure what you mean by update... only authority getting full info is the Macau govt website (see below). However, for monthly idea of deals, you can look at www.centaline-macau.com and other agents (tho most in Chinese). I think you'll find there has been a pickup in market (like in HK following Oct-Lehman crash), with reasonable number of deals (esp for One Central). However, prices are down, with some distressed sales (esp for larger deals with high financing needs). However, others are still approx at launch prices 2 years ago.

Full report on Macau Stat dept website...

http://www.dsec.gov.mo/getAttachment...R_2008_Q4.aspx

Not sure what you mean by doesn't add up, maybe you are referring to remainder of figure being over MOP2m.

Quote:

Originally Posted by HereAndThere

Does anyone have update of the Transaction Record as posted previously?

Macau, China, 18 Feb - The number of building units purchased and sold in the fourth quarter of 2008 plunged 56.9 percent from the third quarter to 2,003 units, representing the lowest level since 2002 according with official figures.

A Tuesday report by Macau's Statistics and Census Service based on Stamp Duty records noted the value of these transactions dropped 64.6 percent to MOP2.67 billion (US$ 333 million) in the fourth quarter.

The majority (1,286 units) of the transactions were residential units and the respective value amounted to MOP2.15 billion, down by 53.3 percent and 66.1 percent respectively quarter-to-quarter.

Among the residential units, 944 were situated in the Macao Peninsula and 338 in Taipa.

In terms of transaction price, 53.7 percent (690 units) were sold for MOP1,000,000 (US$ 125,000) or less and 18.6 percent (239 units) for over MOP1,000,000 to MOP2,000,000 (US$ 250,000).
This does not add up - but anyway majority <1M.

In 2008, the number of units purchased and sold declined 33.3 percent to 21,516 units.

The value of these transactions slipped 28.6 percent to MOP 35.02 billion (US$ 4.37 billion) in the year.

(MacauNews)

April 28th, 2008, 12:13 PM	#81
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Deals week to 18 April 2008 MACAU One Central Residences High B 3006 22845600 7600 MACAU One Central Residences B Low 7 1273 7100000 5577 MACAU Le Royal Arc Middle D 2411 11040000 4579 MACAU Le Royal Arc B High 2803 14900000 5316 MACAU La Cite 3 Middle E 1846 5620000 3044 MACAU La Cite B High 2 1185 3700000 3122 MACAU La Cite E Middle 3 1850 5780000 3124 MACAU La Baie Du Noble W High 5 1597 4980000 3118 MACAU Keng Fong Mansion G Low 1630 3800000 2331 MACAU Jardim Son Fu Middle B 1472 4600000 3125 MACAU Edf. Wa Heng Low D 600 660000 1100 MACAU Edf. Sun Ting A Low 1100 950000 864 MACAU Edf. Macau L Low C 900 980000 1089 MACAU Edf. Long Van High G 1400 1900000 1357 MACAU Edf. Hou Yuen A Low 900 1400000 1556 MACAU Edf. Hoi Pan Garden B Middle 5 792 1300000 1641 MACAU Edf. Fai Tak Low A 650 950000 1461 MACAU Classic Bay C Low 1353 2570000 1899 MACAU The Praia V High 4 938 2900000 3092 MACAU The Praia 2 High L 1016 4330000 4261 MACAU The Praia 2 High M 1016 4330000 4261 MACAU The Praia 2 High MM 1099 3857400 3509 MACAU The Praia 2 High L 1016 3527100 3471 MACAU The Praia 2 High K 1099 4319200 3930 MACAU The Praia 2 High J 1099 4894800 4453 MACAU The Praia 2 High I 1016 4483600 4412 MACAU The Praia 2 High G 1099 4379800 3985 MACAU Tong Wa San Chun 9 Low D 636 1000000 1572 MACAU Villa de Mer 4 High AB 2950 11000000 3728 MACAU Vista Magnifica Court Middle F 2096 6500000 3101 MACAU Wan Yu Villas 2 Low J 1986 4580000 2306 TAIPA Prince Flower City High J 1645 5150000 3131 TAIPA One Grantai T Low 5 3024 19360000 6402 TAIPA One Grantai B Middle 1 5350 49000000 9159 TAIPA Nova City, Tower 14 Low B 1318 4180000 3172 TAIPA Nova City C Low 9 1975 6320000 3200 TAIPA Macau Windsor Arch 9 High D 1984 16070000 8099 TAIPA Kingsville B High 1 1801 6680000 3709 TAIPA Jardim Hoi Wan, Hoi Fong Court High K 1006 1650000 1640 With Parking Space TAIPA Hoi Yee Fa Yuen N Low 2 814 880000 1081 TAIPA Flower City, Edf. Lei Hau E High 1028 3200000 3113 TAIPA Edf. Palacio Do Sucesso ML Low 2 1877 3500000 1865 TAIPA Edf. Nova Taipa Garden, Rose Court Low B 849 2700000 3180 With Parking Space TAIPA Edf. Nam San 3 Middle E 1590 3180000 2000 TAIPA Edf. Nam San B Middle 3 1050 1980000 1886 TAIPA Edf. Nam San B Low 1 1600 2980000 1863 TAIPA Edf. Mei Keng Garden, Mei Tou Court AE Low 560 1300000 2321 TAIPA Edf. Mei Keng Garden, Mei Lei Court A Low 1825 3000000 1644 TAIPA Edf. Lei Man High O 645 1220000 1891 TAIPA Edf. Lei Man O High 458 950000 2074 TAIPA Edf. Imperial Mansion Low B 1481 3600000 3429 With Parking Space TAIPA Edf. Hoi Yee Fa Yuen High E 1050 2360000 2248 TAIPA Siu Keng Tai Low E 1750 2900000 1657 __________________ Macau SG HK

April 28th, 2008, 12:18 PM	#82
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Past 2 weeks showed showed some BIG deals. One Grantai did incredibly well, with 3 deals over $37m, including one at $49m !!!! That's over USD6m! That's a big price for anywhere in the world, and either buyer doesn't care or buyer thinks one day Macau will have one of the highest prices in the world. One Central did well, with one large deal at $22m. Also interesting to note, first deal for Windsor Arch, priced at over $8k psf!!! In terms of big deals, past 2 weeks incredibly active. Guess those who thought $30m+ deals were rare, this shows there is a market for mega deals. __________________ Macau SG HK Last edited by MacauVillager28; April 28th, 2008 at 12:36 PM.

June 14th, 2008, 07:43 AM	#86
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Macau developers now heavily promoting Macau, with Midland organizing exhibition last week. Particulary, Windsor Arch promoting itself on HK TV heavily now, plus internationally (London ? exhibition) plus slots on things like CNN (I think). Also, Residencia also sponsoring TV programmes in HK... Guess local demand being soaked up ??? __________________ Macau SG HK

June 23rd, 2008, 03:04 PM	#89
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	In today's SCMP Speymill Macau is in finanl stages of buying AIA tower for HKD1.3bn, this follows funding of HKD1bn of a high-end residential tower in June. The residential project is for 259 units on SW Macau peninsula, while AIA tower is approx 440k sf. Speymill Director, Peter Churchhouse (ex-MS and veteran HK property analyst) says Macau office basically cheap, and the purchases reflect their confidence in Macau. __________________ Macau SG HK

August 8th, 2008, 12:06 PM	#91
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Macau Luxury Property Transactions (Mar-Jul 2008) Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline Jul 16-31 One Grantai, Blk 6 Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15 One Central, Twr 1 M/F Unit C, 895sf, $5.100m, $5698: Centaline Jul 1-15 No Ricacorp data yet One Central, Blk 1 Mid/Low Unit F, 1841sf, $12.530m, $6806psf: Ricacorp June One Central, Blk 1 Hi/F Unit C, 918sf, $5.300m, $5773psf: Midland June One Grantai, Blk 5 Lo/F Unit M, 3025sf, $18.150m, $6000psf: Ricacorp June Residencia, Blk 5 Hi/F Unit A, 1692 sf, $9.300m, $5496psf: Centaline Jun 1-15 Arc de Triumph, Hi/F Unit D, 2211sf, $14.000m, $6332psf: Ricacorp June Arc de Triumph, M/F Unit E, 2261sf, $11.576m, $5120psf: Midland June Arc de Triumph, Hi/F Unit C, 1821sf, $7.300m, $4228psf: Ricacorp June One Grantai, Blk 1 Lo/F Unit A, 5205sf, $38.0m, $7300psf: Centaline May 15-31 One Grantai, Blk 6 Hi/F Unit W, 3025sf, $19.058m, $6300psf: Centaline May 1-15 One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799psf: Centaline May 15-31 One Central, Blk 1 M/F Unit E, 1819sf, $12.227m, $6721psf: Centaline May 15-31 One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799psf: Centaline May 1-15 One Central, Blk 2 Hi/F Unit B, 2267sf, $15.000m, $6616psf: Centaline May 1-15 One Central, Blk ? M/F Unit A, 2262sf, $15.380m, $6799psf: Ricacorp May One Central, Blk 1 M/F Unit E, 1819sf, $12.187m, $6700psf: Ricacorp May One Central, Blk 7 M/F Unit B, 1272sf, $7.190m, $5653psf: Ricacorp May One Central, Blk 1 M/F Unit D, 654sf, $4.170m, $6376psf: Midland May Residencia, Blk 5 M/F Unit C, 1207sf, $4.828m, $4000psf: Centaline May 15-31 Residencia, Blk 5 M/F Unit A, 1690sf, $8.415m, $4979psf: Centaline May 15-31 Pearl on Lough, Blk 2 L/F Unit E, 4299sf, $17.626m, $4100psf w/cp: Centaline May 1-15 Arc de Triumph, Hi/F Unit E, 2261sf, $11.50m, $5086psf: Centaline May 1-15 Arc de Triumph, Hi/F Unit F, 2261sf, $13.06m, $5776psf: Ricacorp May Arc de Triumph, Mi/F Unit J, 2504sf, $13.70m, $5473psf: Midland May Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland May One Grantai, Blk 1 M/F Unit B, 5350sf, $49.00m, $9159psf: Ricacorp April One Grantai, Blk 5 M/F Unit T, 3025sf, $27.225m, $9000psf: Centaline Apr 1-15 One Grantai, Blk 1 M/F Unit B, 5350sf, $52.27m, $7900psf: Ricacorp April One Grantai, Blk 5 Lo/F Unit T, 3024sf, $19.36m, $6402psf: Ricacorp April One Grantai, Blk 3 Lo/F Unit F, 2931sf, $21.10m, $7199psf: Ricacorp April One Central, Blk 7 Hi/F Unit C, 1176sf, $7.200m, $6122psf: Ricacorp April One Central, Blk 7 Lo/F Unit B, 1273sf, $7.100m, $5577psf: Ricacorp April One Central, Blk ? Hi/F Unit B, 3006sf, $22.8456m, $7600psf: Midland April Arc de Triumph, Mi/F Unit J, 2503sf, $13.70m, $5473psf: Midland April Arc de Triumph, Hi/F Unit B, 2803sf, $14.900m, $5316psf: Ricacorp April Arc de Triumph, Hi/F Unit D, 2411sf, $11.57m, $4799psf: Midland April Arc de Triumph, Mi/F Unit D, 2411sf, $11.04m, $4579psf: Midland April Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland April Buckingham, 6 units, 1080-1873sf, $4000-4800psf: Centaline Apr 16-31 Residencia, Blk 3 Hi/F Unit B, 1787sf, $9.560m, $5410psf: Centaline Apr 16-31 Praia, 8 units, 1016-1099sf, $3985-4594psf: Centaline Apr 1-15 One Central, Blk ? Hi/F Unit A, 2760sf, $21.23m, $7699psf: Ricacorp Mar One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555psf: Midland Mar One Central, Blk 1 Mi/F Unit C, 918sf, $5.300m, $5773psf: Midland Mar One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555 ? psf: Midland Mar One Grantai, Blk 1 Hi/F Unit B, 5351sf, $48.694m, $9099psf: Centaline Mar 1-15 One Grantai, Blk 6 Lo/F Unit W, 2931sf, $18.47m, $6302psf: Ricacorp Mar One Grantai, Blk 3 Lo/F Unit J, 2019sf, $13.13m, $6503psf: Ricacorp Mar Arc de Triumph, Hi/F Unit D, 2411sf, $13.324m, $5526psf: Centaline Mar 1-15 Arc de Triumph, Hi/F Unit B, 2803sf, $14.80m, $5280psf: Centaline Mar 1-15 Arc de Triumph, Hi/F Unit K, 2261sf, $10.53m, $4657psf: Ricacorp Mar Arc de Triumph, Hi/F Unit K, 2261sf, $11.305m, $5000psf: Centaline Mar 16-31 Arc de Triumph, Mi/F Unit E, 2261sf, $11.322m, $5008psf: Midland Mar Residencia, Blk 1 Hi/F Unit B, 1693sf, $8.530m, $5038psf: Centaline Mar 1-15 Buckingham, 4 units, 1080-1186sf, $4259psf, $4291psf: Centaline 16-31 Mar __________________ Macau SG HK

May 31st, 2008, 02:34 AM	#83
Macautripping Registered User Join Date: May 2008 Posts: 1 Likes (Received): 0	What is the avg. price/sq. ft., in U.S.$, for the most elaborate serviced apartment complex in Macau (any part of macau- Cotia, Penninsula, Tapai) Does US$1,000 per sq. ft. average overall price for an apartment in One Grantai sound about right?? I assume that is the nicest apartment complex on the market right now. I'm trying to get an idea of what the avg. US$ prices would be overall for a top notch luxury apartment in Macau. ---- Any ideas what the Four Seasons Macau on the Cotai Strip will sell for per sq. ft. in US$?? I'd imagine that one to break new records, wouldn't you agree? I've actually heard rumors of it fetching around US$2,000 per sq.ft. when they begin pre-sales soon.

June 16th, 2008, 02:49 AM	#87
onegrantai Registered User Join Date: Jan 2008 Posts: 85 Likes (Received): 0	Windsor Arch is also sponsoring the Chelsea match in Macau, all seem a lot of work for one project. But I guess the prices they are seeking is the highest in Macau so far, higher even than One Central and One Grantai (think they are trying to sell average $8000/sf). I believe both One Central and One Grantai have much better locations, mixed with the current gloom of Macau market like you mentioned in your tourism section, maybe the project would be a hard to sell one. (I don't think either One Central or One Grantai can fetch $8000/sf average selling price in the current market). As a Macau investor, I hope they do well, but the realistic side of me is thinking it would be a hard sell. Ps- the current transaction level in Macau is very low!

August 8th, 2008, 12:20 PM	#92
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Property Transaction (Mar-Jul rearranged by property) From Centaline, Ricacorp and Midland property agencies only..(ie Intl, local not included). One Grantai, Blk 6 Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15 One Grantai, Blk 5 Lo/F Unit M, 3025sf, $18.150m, $6000psf: Ricacorp June - 1 in Jun One Grantai, Blk 1 Lo/F Unit A, 5205sf, $38.0m, $7300psf: Centaline May 15-31 One Grantai, Blk 6 Hi/F Unit W, 3025sf, $19.058m, $6300psf: Centaline May 1-15 - 2 in May One Grantai, Blk 1 M/F Unit B, 5350sf, $49.00m, $9159psf: Ricacorp April One Grantai, Blk 5 M/F Unit T, 3025sf, $27.225m, $9000psf: Centaline Apr 1-15 One Grantai, Blk 1 M/F Unit B, 5350sf, $52.27m, $9700psf: Ricacorp April One Grantai, Blk 5 Lo/F Unit T, 3024sf, $19.36m, $6402psf: Ricacorp April One Grantai, Blk 3 Lo/F Unit F, 2931sf, $21.10m, $7199psf: Ricacorp April- 5 in April One Grantai, Blk 1 Hi/F Unit B, 5351sf, $48.694m, $9099psf: Centaline Mar 1-15 One Grantai, Blk 6 Lo/F Unit W, 2931sf, $18.47m, $6302psf: Ricacorp Mar One Grantai, Blk 3 Lo/F Unit J, 2019sf, $13.13m, $6503psf: Ricacorp Mar - 3 in March 12 deals One Central, Twr 1 M/F Unit C, 895sf, $5.100m, $5698psf: Centaline Jul 1-15 One Central, Blk 1 Mid/Low Unit F, 1841sf, $12.530m, $6806psf: Ricacorp June One Central, Blk 1 Hi/F Unit C, 918sf, $5.300m, $5773psf: Midland June - 2 in June One Central, Blk ? M/F Unit A, 2262sf, $15.380m, $6799psf: Ricacorp May One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799psf: Centaline May 15-31 One Central, Blk 2 Hi/F Unit B, 2288sf, $15.558m, $6799 (?) psf: Centaline May 1-15 One Central, Blk 1 M/F Unit E, 1819sf, $12.227m, $6721psf: Centaline May 15-31 One Central, Blk 1 M/F Unit E, 1819sf, $12.187m, $6700psf: Ricacorp May One Central, Blk 2 Hi/F Unit B, 2267sf, $15.000m, $6616psf: Centaline May 1-15 One Central, Blk 1 M/F Unit D, 654sf, $4.170m, $6376psf: Midland May One Central, Blk 7 M/F Unit B, 1272sf, $7.190m, $5653psf: Ricacorp May - 8 in May One Central, Blk ? Hi/F Unit B, 3006sf, $22.8456m, $7600psf: Midland April One Central, Blk 7 Hi/F Unit C, 1176sf, $7.200m, $6122psf: Ricacorp April One Central, Blk 7 Lo/F Unit B, 1273sf, $7.100m, $5577psf: Ricacorp April - 3 in Apr One Central, Blk ? Hi/F Unit A, 2760sf, $21.23m, $7699psf: Ricacorp Mar One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555psf: Midland Mar One Central, Blk 7 Hi/F Unit H, 1178sf, $8.900m, $7555 ? psf: Midland Mar One Central, Blk 1 Mi/F Unit C, 918sf, $5.300m, $5773psf: Midland Mar - 4 in Mar 18 deals Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline Jul 16-31 Arc de Triumph, Hi/F Unit D, 2211sf, $14.000m, $6332psf: Ricacorp June Arc de Triumph, M/F Unit E, 2261sf, $11.576m, $5120psf: Midland June Arc de Triumph, Hi/F Unit C, 1821sf, $7.300m, $4228psf: Ricacorp June - 3 in Jun Arc de Triumph, Hi/F Unit F, 2261sf, $13.06m, $5776psf: Ricacorp May Arc de Triumph, Mi/F Unit J, 2504sf, $13.70m, $5473psf: Midland May Arc de Triumph, Hi/F Unit E, 2261sf, $11.50m, $5086psf: Centaline May 1-15 Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland May - 4 in May Arc de Triumph, Mi/F Unit J, 2503sf, $13.70m, $5473psf: Midland April Arc de Triumph, Hi/F Unit B, 2803sf, $14.900m, $5316psf: Ricacorp April Arc de Triumph, Hi/F Unit D, 2411sf, $11.57m, $4799psf: Midland April Arc de Triumph, Mi/F Unit D, 2411sf, $11.04m, $4579psf: Midland April Arc de Triumph, Mi/F Unit A, 2261sf, $8.800m, $3892psf: Midland April - 5 in Apr Arc de Triumph, Hi/F Unit D, 2411sf, $13.324m, $5526psf: Centaline Mar 1-15 Arc de Triumph, Hi/F Unit B, 2803sf, $14.80m, $5280psf: Centaline Mar 1-15 Arc de Triumph, Hi/F Unit K, 2261sf, $11.305m, $5000psf: Centaline Mar 16-31 Arc de Triumph, Mi/F Unit E, 2261sf, $11.322m, $5008psf: Midland Mar Arc de Triumph, Hi/F Unit K, 2261sf, $10.53m, $4657psf: Ricacorp Mar - 5 in Mar 18 deals Following may not be complete (only Centaline) Residencia, Blk 5 Hi/F Unit A, 1692 sf, $9.300m, $5496psf: Centaline Jun 1-15 Residencia, Blk 5 M/F Unit C, 1207sf, $4.828m, $4000psf: Centaline May 15-31 Residencia, Blk 5 M/F Unit A, 1690sf, $8.415m, $4979psf: Centaline May 15-31 Residencia, Blk 3 Hi/F Unit B, 1787sf, $9.560m, $5410psf: Centaline Apr 16-31 Residencia, Blk 1 Hi/F Unit B, 1693sf, $8.530m, $5038psf: Centaline Mar 1-15 Praia, 8 units, 1016-1099sf, $3985-4594psf: Centaline Apr 1-15 Pearl on Lough, Blk 2 L/F Unit E, 4299sf, $17.626m, $4100psf w/cp: Centaline May 1-15 Buckingham, 6 units, 1080-1873sf, $4000-4800psf: Centaline Apr 16-31 Buckingham, 4 units, 1080-1186sf, $4259psf, $4291psf: Centaline 16-31 Mar __________________ Macau SG HK Last edited by MacauVillager28; August 8th, 2008 at 01:30 PM.

August 11th, 2008, 02:14 AM	#93
onegrantai Registered User Join Date: Jan 2008 Posts: 85 Likes (Received): 0	Very good work, Macau Villager! It seems the most popular units, ie the biggest and thus most expensive are block one units, it seems like when the current round of negativity is blown over, they should regularly attract prices over $10000/sf, especially if higher units come up for sale, but that is unlikely as they are tend to be held by the who and who of Macau. right now transaction is very slow, some sellers want to achieve panic sale are asking very low prices, but it seems vase majority of the vendours, same as international funds, have the believe the Macau story is only beginning, and not the end like some of the locals are led to believe. Only time will tell, but I am siding with the big boys!

November 1st, 2008, 04:36 PM	#94
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Luxury Property Transactions - 15 Oct to July From Centaline, Ricacorp and Midland property agencies only..(ie Intl, local not included). One Central, Blk 1 Mid/F Unit C, 895sf, $5.8m, $6480psf: Centaline Oct 1-15 Oct One Central, Blk 1 Lo/F Unit D, 654sf, $2.9757m, $4550psf: Centaline Sep 16-30 Sep One Central, Blk 5 Mid/F Unit B 2312sf, $13.8m, $5969psf: Midland Sep One Central, Blk 1 Lo/F Unit D 654sf, $2.88m, $4404psf: Midland Sep Arc de Triumph, Hi/F Unit C 1821sf, $5.6m, $3075psf: Midland Sept Arc de Triumph, Hi/F Unit C 1821sf, $5.68m, $3119psf: Midland Sep Arc de Triumph, Mid/F Unit A 2261psf, $9.5m, $4202psf: Midland Sep Arc de Triumph, Lo/F Unit G 850ssf, $1.96m, $2306psf: Midland Sep Arc de Triumph, Lo/F Unit G 850ssf, $1.96m, $2306psf: Midland Sep One Central, Blk ? Mid/F Unit A 2729sf, $15.2824m, $5600psf: Midland Aug One Grantai, Blk ? Lo/F Unit E, 2116sf, $9.1246m, $4312psf: Midland Aug One Grantai, Blk ? Lo/F Unit Y, 2116sf, $9.8m, $4631psf: Centaline Aug 1-15 Arc de Triumph, Hi/F Unit B, 2803sf, $12.8938m, $4600psf: Centaline Aug 1-15 Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline July 16-31 One Grantai, Blk ? Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15 One Central, Blk 7 Mid/F Unit A 1259sf, $8.12m, $6399psf: Ricacorp July Arc de Triumph, Hi/F Unit B 2803sf, $12.56m, $44801psf: Ricacorp July One Grantai, Blk 5 Mid/F Unit V 2158sf, $11.36m, $5264psf: Ricacorp July One Grantai, Blk 1 Mid/F Unit A 5414sf, $46.1m, $8514psf: Ricacorp July One Grantai, Blk 6 Mi-Hi/F Unit W 2931sf, $20.51m, $6997.61psf: Ricacorp July From Earlier centaline for July (repeated earlier) One Grantai, Blk 6 Hi/F Unit X, 3041sf, $22.047m, $7249psf: Centaline Jul 1-15 One Central, Twr 1 M/F Unit C, 895sf, $5.100m, $5698psf: Centaline Jul 1-15 Arc de Triumph, Hi/F Unit B, 2803sf, $12.563m, $4482psf: Centaline Jul 16-31 Oct data for Centaline only (no Midland, Ricacorp yet) __________________ Macau SG HK

November 1st, 2008, 04:40 PM	#95
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Market obviously been quiet past few months... Of note, so far (yet) of prime seaview on One Central being sold at $4800psf (as have been offered by agents)... However, not being completely dead market, so encouraging to see latest deal for 1 bed facing Wynn selling at near HKD6.5k psf (but obviously one deal doesn't make a summer). But Arc de Triumph seems to be selling at record lows.... and below touted intial launch price. Maybe partly coz it is coming close to completion, seeing some distressed selling ? (like in HK). Not sure if these are developers dumping remaining units or secondary sales. Data may not reflect very latest crisis in stock markets.... __________________ Macau SG HK

November 17th, 2008, 10:08 AM	#96
MacauVillager28 Registered User Join Date: Aug 2007 Location: HK, Singapore, Macau, UK Posts: 1,328 Likes (Received): 0	Expert predicts residential rents to drop 10 percent upon foreign workers' departure Macau Daily Times Sunday, 16 November 2008 Associate director and head of Jones Lang LaSalle, Jeff Wong, said he predicted that the constant departure of non local labourers in Macau would contribute to a minimum 10 percent decrease of residential rents in the next three months. Nearly 10,000 imported workers had to return to their places of origins as prompted by the suspension of Las Vegs Sands Corp (LVS) expansion projects in Macau. Mr Wong said in the view of the global economic slump, it was "inevitable" that enterprises would try to cut costs and dismiss foreign labourers first in order to align the SAR's employment policy. Hence he said that more imported labourers from other companies would also lose their jobs in Macau but would not be "as many as Sands' case", the Macao Daily News reported yesterday. As a number of foreign workers had rented properties in Macau, their departure would cause "pressure" within the rental market. Mr Wong said rents in the next three months would drop by at least 10 percent, and particularly in Taipa where most workers from the Cotai Strip lived. In addition, according to the Chinese daily, Mr Wong said he believed that staff from management level would be the next batch to depart Macau for Singapore where LVS was going to focus its energy on The Marina Bay project before the one in the SAR. He added that engineers from Hong Kong and Malaysia and also architectures would be shifted to develop the Singapore project which would then impact on Macau's high end residential rental market. The Jones Lang LaSalle executive also said that Macau's real estate market was entering a "critical moment" and would be affected by a number of factors including tightening of the mainland's visit restrictions, difficulty of financing, slowing down of the Cotai Strip development and the lagging of long-term economic growth. As well, the global financial crisis minimised people's intentions on investment which would also create uncertainty to the property sector, Mr Wong said. In October, turnover fell to a record low of about 400 cases which Mr Wong said was even lower than during the outbreak of the SARS epidemic in 2003. Although the Macau government recently announced measures to save the market, Mr Wong said they were mainly to help people without properties to make their first purchases and thus had “limited effects” to the real estate industry as a whole. In addition, he said the number of transactions did not increase significantly since the government measures were launched, but added that changes would be recorded in the next two months. __________________ Macau SG HK

November 18th, 2008, 07:25 AM	#97
HK Bystander Registered User Join Date: Dec 2007 Location: Hong Kong Posts: 147 Likes (Received): 0	Everything sounds quite depressing

February 19th, 2009, 04:23 AM	#98
HereAndThere Registered User Join Date: Sep 2008 Posts: 83 Likes (Received): 1	Macau 2008 Q4 Property Transactions Lowest Since 2002 Does anyone have update of the Transaction Record as posted previously? Macau, China, 18 Feb - The number of building units purchased and sold in the fourth quarter of 2008 plunged 56.9 percent from the third quarter to 2,003 units, representing the lowest level since 2002 according with official figures. A Tuesday report by Macau's Statistics and Census Service based on Stamp Duty records noted the value of these transactions dropped 64.6 percent to MOP2.67 billion (US$ 333 million) in the fourth quarter. The majority (1,286 units) of the transactions were residential units and the respective value amounted to MOP2.15 billion, down by 53.3 percent and 66.1 percent respectively quarter-to-quarter. Among the residential units, 944 were situated in the Macao Peninsula and 338 in Taipa. In terms of transaction price, 53.7 percent (690 units) were sold for MOP1,000,000 (US$ 125,000) or less and 18.6 percent (239 units) for over MOP1,000,000 to MOP2,000,000 (US$ 250,000). This does not add up - but anyway majority <1M. In 2008, the number of units purchased and sold declined 33.3 percent to 21,516 units. The value of these transactions slipped 28.6 percent to MOP 35.02 billion (US$ 4.37 billion) in the year. (MacauNews)

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