Tse, R Y C (2000) A study of housing and real estate markets in Macau. Journal of Financial Management of Property and Construction, 5(1-2), pp. 33-40. ISSN 1366-4387
Abstract
Macau, a chinese territory under Portuguese administration has become a meeting point of East and West. The sovereignty of Macau reverts back to China at the end of 1999 with a status similar to that of Hong Kong. Economic integration between Macau, Hong Kong and China implies that the real estate market of Macau offers a great investment opportunity for developers. However, in a new and emerging market, information is important to foreign investors. There are potential returns as well as risks in the markets. This paper gives a brief review of the housing policies and provides some basic information about the current situation of the housing and real estate market in Macau. The paper also makes an assessment of the economic performance of Macau, provides fresh insights regarding its future development, and is useful to institutional and foreign investors who are interested in real estate investment in China.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | housing, infrastructure, Macau, real estate, tourism |
| Index terms: | emerging market, Macau, real estate investment, tourism, integration, housing, China, Hong Kong, investor, housing policy, real estate, markets |
| Subjects: | Geography, economic analysis, public policy, construction type, industry analysis, organizational analysis, sociology, real estate economics |
| Topics: | Procurement, Geographical Context, Stakeholder Management, Governance, Construction Technology, Business Strategy, Research Practice, Organizational Design, Urban Studies, International Construction |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here