Commercial property transactions hit a record low of 50 in the first quarter, the lowest level since the return of Macau to Chinese rule in 1999. Photo: Nora Tam
Macau’s property market reels from coronavirus as transactions fall to lowest levels since financial crisis
- Residential sales at their lowest levels since 2009, commercial property sales at a record low, official figures show
- Gambling and tourism industry needs to recover for property market to bounce back, analysts say
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Commercial property transactions hit a record low of 50 in the first quarter, the lowest level since the return of Macau to Chinese rule in 1999. Photo: Nora Tam