Macau’s housing market, the worst performing of the Asian property markets, could get a boost with the gaming industry there showing signs of a recovery.
There are signs of a pickup, Sniper Capital’s principal, Tom Ashworth, said. The market could be at a bottom.
Jeff Wong, head of Jones Lang LaSalle’s Macau residential practice, says the market is already at the bottom. Sales in April and May were the highest since 2013.