Savills - Research

February 2010
Property Sector Briefing

February 2010

Property Sector Briefing

Market sentiment strengthens on the back of an improving economy and government stimulus measures
Macao's residential market experiences a strong recovery in 2H/2009, as both transaction activity and prices return to pre-crisis level
Luxury residential prices rebound by over 36 per cent from their trough in Q1/2009 to Q4/2009
Residential prices expected to maintain a moderate upward momentum and rise by 10 to 15 per cent in 2010
Rebounding inbound mainland tourist numbers help to underpin retailer confi dence, boosting leasing demand
Office demand in the short term to be driven by expansion demand from government departments

/uber_research/pdfs/MO 02-2010.pdf

Contact Information

Franco Liu
+853 8506 6288
fliu@savills.com.mo

Simon Smith
+852 2842 4573
ssmith@savills.com.hk

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