The Macau Metro Monitor, October 1, 2012

3 MILLION VISITORS EXPECTED DURING GOLDEN WEEK Macau Daily Times

Macau is expected to receive over 3 million visitors in the coming week when the mainland begins its Golden Week holiday.  The figure is a 10% increase YoY.  According to the Border Gate police station’s press briefing, two thirds of visitors, or about 2 million people, are entering the city through the Border Gate, while the others are mainly arriving thorough the ferry terminals.

S'PORE PRIVATE HOME PRICES UP 0.5% IN Q3 Channel News Asia

Prices of private residential properties in Singapore rose 0.5% to a new record high in the third quarter of 2012, according to flash estimates released by the Urban Redevelopment Authority.  This was the highest rate of increase this year compared to the 0.1% drop in 1Q and the 0.4% increase in 2Q.

MACAU, RUSSIA SCRAP SHORT TRIP VISAS Voice of Russia

Macau has scrapped visas for 30-day visits by Russian nationals.  Likewise, Macau residents will be able to visit Russia for the same amount of time without a visa.  A pertinent agreement was signed in June.  According to Russian consular staff in Hong Kong, visas will be waived for Russian who are not going to work, study or live in Macau.  The waiver of the visa regime is meant to bring more Russian tourists to Macau.