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Macau’s housing market set for recovery

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.

Click here for the full Bloomberg article

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