$12bn worth of casinos & hotels (20 altogether) to be built in Macau the next 5 years

Macau already higher gaming revenue than Las Vegas ($6bn per annum) and will have more visitors by 2010

Prices in Hong Kong almost three times more expensive for equal standard property

Unique “finance-entertainment-industry” corridor to be created upon completion of Hong Kong-Macau-Zhuhai bridge 2009

GDP growth 10%+ per annum, and rated as #1 city in Asia for Foreign Direct Investment

Capital gains tax = 0%

70% LTV mortgages: available with 30 yr terms & low interest rates (subject to status)

Purchase with as little as £45K cash

Large luxury apartments in central location from as little as £1300/sqm

Constructed by one of China’s largest, most renowned developers “China Overseas Land & Investment Ltd” and designed by world-class designers EDAW & C&A

 
  • HK80,000 ~ £5,500 – holding deposit paid on signing Reservation Agreement
  • £2,250 legal administrative fees , 3.15% stamp duty
  • 10% - paid after PoA process is complete and SPA is signed, roughly within 30 days of Reservation
  • 20% - within 3 months after paying the first 10%
  • 70% - on completion & delivery, expected 3rd quarter 2007. Mortgage available subject to status
 
 
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