Macau's housing prices may get a boost as signs show that a two-year casino slump is near its end
Fri, Jul 29, 2016 - 5:50 AM
"For the time being, we believe the market has bottomed out . . . (We are) not in a rush to complete everything. The market will only get better with time," says Mr Yue, CEO of a fund manager, which is developing a project close to the Cotai Strip.
THE worst may be over for Asia's worst-performing property market. Macau's housing prices, which have plunged by a third since 2014, may get a boost amid signs that a two-year casino slump in the Chinese gambling mecca is near its end.