The eligibility requirements to buy the Macau New Neighbourhood (MNN) in the Guangdong-Macao In-Depth Cooperative Zone in Hengqin have been relaxed and now all Macau residents aged 18 or over holding a Macau ID card issued by the SAR’s Identification Services Bureau (DSI) can buy an MNN residential unit, the Macau Urban Renewal Limited (MUR) has announced.
The move was made in response to the changes in the economic environment with new property market policies implemented in Macau and Hong Kong, and having listened to the opinions from all sectors, which prompted MUR to make an application to the Executive Committee of the Guangdong-Macao In-Depth Cooperative Zone to improve the eligibility requirements for the purchase of a residential unit in MNN – the application has been approved.
The amendment agreement for the implementation of the revised eligibility criteria was officially signed by MUR’s project company Sociedade de Desenvolvimento do Novo Bairro de Macau (Hengqin, Zhuhai), Limitada and relevant government departments on 6 May.
Source and Photos: MUR
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