Macau
is the Las Vegas of the Far East. With
the opening of the Sands Macau, the
largest casino in the world and Wynn
Macau, Macau’s
gambling revenues has been for the
first time greater than those of Las
Vegas. Due to the sustained economic
growth in the city and the continued
inflow of foreign direct
investment, the demand for quality accommodation,
particularly brand-new units in large-scale
residential estates equipped with full
luxurious facilities, has been buoyant.
This, combined with the bridge now linking
Macau to Hong Kong (a 30 min drive) where
prices are three times as high, proves
the huge potential Macau now shows as
an international property investment.
LA
CITÉ
La Cité is a large
scale residential project consisting of five 49
story apartment buildings. With its premier location,
excellent facilities (include Macau’s first
manmade beach), and international developer, La
Cité is a high quality investment property
rarely available in Macau. The developer, China
Overseas
Holdings Limited is one of China’s largest
and most renowned developers. The company was incorporated
in Hong Kong in 1979. In 1992, its flagship China
Overseas Land and Investment Limited was listed on
the Hong Kong Stock Exchange (HKSE code: 0688). In
recent years, China Overseas Group has undertaken
a number of mega-size projects including the Hong
Kong New Airport Passenger Terminal Building - touted
as one of the ten greatest 20th Century architectural
designs, the Hong Kong Disney Theme Park infrastructure,
as well as the renowned Macau Tower.
LOCATION
La
Cité is located on the Macau Peninsula
and next to the landing point of the future
Macau-Hong Kong- Zhuhai Bridge. The Bridge
will connect Macau to the heart of Hong
Kong in 30 minutes, where property prices
are three times more that those in Macau.
From La Cité, it is 5 minutes to
the ferry pier, Porta Gate and the city
centre and 8 minutes to Macau International
Airport and Taipa.
