Welcome to the most informative website on Macau real estate!

Macau is a fast-developing Special Administration Region (S.A.R.) of China that has an open economy system similar to Hong Kong. It is strategically located at the heart of China's economic powerhouse that produces 1/3 of China's exports - the Pearl River Delta (PRD) region with a population of more than 60 millions with the highest per capita GDP in China, reachable by almost half of the world population (2.9 billions) within 5 hours air flights.

As the only legalized gaming city within the Greater China, Macau has become the #1 gaming capital of the world surpassing the whole Las Vegas area (not only the "Strip"). With the multi-faceted services geared for M.I.C.E. (Meetings, Incentive tours, Conventions and Entertainments), more than 20,000+ new hotel rooms, 1 million sq. ft. of convention halls, and 600 new upscale retail stores will be added before the end of 2010, on top of Venetian and MGM openned in 2007.

Due to global economic slowdown and credit market crunch, Macau real estate market has undergone a negative growth in 2008 after 100%+ growth from 2004 to 2007. Despite down turn in world economy and real estate market, Macau real estate experts forecast continuing growth until completion of mega casino-hotel projects in Cotai Strip and the Hong Kong to Macau bridge construction in 2012.

The following factors contribute to the fast development of Macau real estate market and investments in 2008:

  • #1 casino city of the World with US$ 13.7 billions in gaming revenue, up 31% over 2007.

  • 13% GDP growth, the highest per capita GDP in Asia (about US$ 38,000).

  • A population of 550,000 plus over 50,000 expatriates / transient workers.

  • Over 30.2 millions visitors came to visit Macau(exceeding Hong Kong's), an increase of 11% over 2007.

  • Relatively low unemployment rate with average local salary of US$ 2500.

  • Stable local currency that is tied to U.S. Dollar at 1 US$ = 8 Pacatas.

  • Huge infrastructure investments in elevated light rail system and cross-sea bridge to Hong Kong.

  • Active re-sales/rental property market (at 1/2 of average property prices in Hong Kong).

  • No restriction on property ownership by foreigners.

  • Local mortgage available to foreign property buyers.

  • No local capital gain tax. A flat maximum corporate / individual income tax rates of 12%.

  • Scarcity of buildable land and limited building permit approvals keep prices growing (only about 5000 new units a year).

  • Active secondary market for pre-construction property market attracts many foreign investors and property funds.

Century 21 - Macau Westside Property is part of a global property network actives in Macau real estate business since Jan. 2005. About 80% of our clients are new Macau immigrants, expatriates and global investors. We also provide Relocation and Property Management services, together with loan assistance, real estate services, rental property management for foreign investors etc.

 
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Feature Property for Sales:

Pacifica Garden   Taipa
HKD $2,588,000 (US$334,800)
•This luxury pre-construction condominium project is located at the heart of Taipa (next to the Kingsville complex). 5 minutes away from Venetian Macao. Close to green hill and 5 star hotel. The 2 towers have 28-storey each, comprising of 300 luxurious flats varying in size from 1,188 to 1,725 sq. ft., 3 or 4 rooms + 2 bath rooms plans. Price starts from HK$2.7 million and up to 4.8 million. Club House covers 20,000 sq. ft. with decorated garden, great amenities and business meeting facilities. Finest Architecture and First Class Developer are the major elements of this great investment. The building will be ready to move in on about June of 2009. 


Buckingham   Taipa
HKD $3,138,000 (US$405,951)
•REDUCED PRICE!!! The Buckingham is a class of its own, a 6-star 50 stories luxury residence tower at Taipa. It's landmark curtain glass walls architecture overlooks the whole Cotai Strip or harbor, blending with novel extravagance of elegant regal residence. A 3-bedroom unit on 9th floor unit E is offered at a special price. Move-in ready at the June of 2009. 


Manhattan   Taipa
HKD $12,025,000 (US$1,555,628)
•The only choice for expatriate living in Macau. Fully furnished apartment at 8th floor unit D with lease contract in place (can be terminated if you desire to occupy it). Complete with gas ranges, refirgerator, wine chiller, washer/dryer, split air-conditioners / hearters, disigner furniture and fitout package. Ready to move in with a car park. Lease and sales of other units also available! 


The Praia   Macau
HKD $4,227,200 (US$546,857)
•Century21 has an exclusive listing for the 32 units of higher floors (44 to 47th floors) at special prices, with only 30% down payments to be paid over a 6 months period. The 4 towers of 56 stories (185 meters) will be the tallest residential condo project with spectacular views of Macau marina district and the skyline of Zhuhai across the China border. The project will have 1288 units (1 to 3 bedrooms) with sizes from 821 - 1571 sq ft. Superior amenities incl. outdoor olympic size swimming pools and heated pools, indoor badminton courts, golf practice area, gym, sauna, fitness club, recreation areas, meeting rooms and ballrooms etc. Expected completion by mid 2009.  


Royal Arc   Macau
HKD $12,700,000 (US$1,642,950)
•The tallest building in Macau with 56 storeys, including 22 storey 6-star deluxe hotel at the lower floors, shopping center and casino. Best panoramic views of Macau including the 2 lakes, waterway, 3 bridges, Macau tourist tower, with the closest poition to casino-hotels of Wynn, MGM, StarWorld, and Babilon.  


One Grantai Residences   Cotai
HKD $9,191,000 (US$1,189,004)
•One Grantai Residences project is located prominently on a hillside in front of the mega casino-resort-hotels of Venetian Macao and City of Dreams. A total of 830 super-luxurious 3 to 5 bedrooms units (gross floor areas range from 1944 to 5185 sq. ft.) will be built on top of 6 towers. Prices start from HK$ 4550 to 7000 per sq. ft. One Grantai will definitely become one of the most sough address in Macau due to its unique address on the Cotai Strip, Macau International Airport, the new Maritime Ferry Terminal and Lotus Bridge to China. For property details, floor plans etc., please visit www.panpacificproperty.com.  


Living Room 		Pearl on the Lough   Taipa
HKD $10,900,000 (US$1,410,091)
•Brand new finish condo development by sea front. Gorgeous panorama view of Macau skyline. Luxury condo is fitted with marble, granite, upgraded fixtures. Amenities include swimming pool, fitness room, playground, and club area.  

Feature Property for Rental:

One Central Residences   Macau

•This apartment is located in the most sought after address; One Central. Its not for everyone, just an exclusive few who expect and demand finer living. Two bedrooms, two bath is on high floor looking out toward Taipa. Beautiful sea view. Premium shopping, dinning, and entertainment are right below you. This apt. can be lease out as furnish or unfurnished. Please call Kimberly at 6633 3537 for appointment. 


Pearl on the Lough   Taipa
HKD $16,000/month (US$2,070/month)
•Spacious, Grandeur, Luxury come to mind in describing this apartment. Ocean Front property. Formal living room, dinning room, and den. Full sea view from most rooms. Enjoy clubhouse, gym, swimming pool, game room, playground. This flat is listed below value for quick lease!! 


Hellene Garden   Coloane
HKD $8,000/month (US$1,035/month)
•This beach front community, swimming pool, tennis court, play room, shuttle bus to Taipa/Macau. Great place to settle your family. This flat is renovated and furnish. 3 bed/2 bath, open floor plan. Lower floor, courtyard view. 


Hong Fat Garden   Taipa
HKD $5,000/month (US$647/month)
•Located next to old Hyatt Hotel. Tastefully renovated with western style kitchen. New applainces and furnitures. View of Macau from both bedrooms.  


more photo 		Hellene Garden   Coloane
HKD $10,000/month (US$1,294/month)
•Newly Renovated with great view of sea and hillside. Next to a recreation park, beachfront, with trails, camping ground, sailing, windsurfing, swimming, tennis. Tastefully furnished in neutral tone, perfect move in condition, located on top floor, no neighbor above you. Management Fee is included.
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Please call for additional information 		Bamboo (Cheoc Van) Villas   Coloane
HKD $47,000/month (US$6,081/month)
•Open & Bright Floor Plan. Inviting Gourmet Kitchen, Breakfast Area and Formal Dinning Room. Expansive Theatre Room enhanced by built-in cabinetry for audio, video and network. Sauna, Den, Workout Room, 2 Patio Area, and these are just some of the features you will enjoy in this Ocean Front Villa.
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Sea View Garden   Taipa
HKD $5,000/month (US$647/month)
•Western style kitchen with appliances. Furnishing in all rooms. Beautiful view of hillside. 2 minutes walk to Grocery Market and Public Transportation. Nice and well maintain complex.  

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