Government aims to strike the right balance in housing the public, senior citizens, the sandwich class and the private sector.
housing
Government aims for “quality, not quantity”: rules out public consultation.
The government expects to start constructing a high-rise rental housing project for senior citizens in an area of Plot P in Areia Preta district by the end of this year.
The condominium owners’ management committee of the Sin Fong Garden high-rise, the reconstruction of which got off the ground in October 2018, convened a special meeting for the flat owners on Sunday.
Average price of existing residential units rose 9.7 per cent quarter-to-quarter to 105,575 patacas in the second quarter.
Macau residents are most dissatisfied with the housing situation of today.
The Government planned shortly to launch mortgage- and tax-related measures designed to control the price of Macau housing, in order to promote a healthy development of the market, announced Saturday the Chief Executive, Chui Sai On after a four-day duty visit to Beijing.
The government said Tuesday it expects the number of public housing units to meet demand in 2023.
The Legislative Assembly (AL) finally passed a bill jointly initiated by nine lawmakers which aims to tackle disputes between landlords and tenants, slated to come into effect 180 days after its promulgation in the Official Gazette (BO), during a plenary session on Thursday.
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