Residential project in Guangdong-Macau Zone to finish late 2023
The Macau New Neighbourhood project combines residence, education, health, and social services
By August 2023, the Macau New Neighbourhood project in Hengqin should be complete, reported by Macao News.
The project combines residential units with education, health, and social services.
Developed by a subsidiary of Macau Urban Renewal Limited (MUR), the Macau New Neighbourhood has 4,000 flats for Macao residents and 205 for qualified professionals.
Moreover, the project was designed to promote the Guangdong-Macao Intensive Cooperation Zone.
More: Macau resumes land auctions to ease the high-priced property market
Construction began in late 2020, and progress on the two- and three-bedroom units has rolled out quickly as contractors use pre-fabrication practices and materials, said MUR.
Piling will be finished this year, while contractors will concentrate on the main buildings, fitting-out, roads, and greening beginning in January.
The Property Report editors wrote this article. For more information, email: [email protected].
Recommended
Asian infrastructure investments boost real estate and economic growth
Governments around Asia are spending billions to fuel infrastructure development to boost real estate and economic growth
Arquitectonica’s global impact reshapes skylines from Miami to Asia
Bernardo Fort-Brescia and his design practice Arquitectonica are making a seismic impact in Asia from an HQ in Florida
Park Kiara in Hanoi raises the bar for sustainable urban living
Park Kiara in Hanoi is a repudiation of low-density, car-dependent suburban sprawl
6 reasons Bekasi is rising as Greater Jakarta’s next hotspot
One of Greater Jakarta’s rising stars is prospering, thanks to ample recreation and a contingent of desirable housing projects
