THE M3: NEW RESIDENTIAL SALES; SMOKING FINES; FEWER GAMING TABLES; S'PORE NEW MRT LINES

01/17/13 08:59AM EST

The Macau Metro Monitor, January 17, 2013

 

FOUNTAINSIDE'S NEW PHASE UP FOR SALE macaubusiness.com

In 2Q13, another phase of Fountainside's residential units will go up for sale.  The developer Macau Property Opportunities Fund expects that the 42 units will be complete by March.  20 of the units have already been sold and the remaining 18 flats and 4 villas are expected to fetch an average US$800 (MOP 6,400) and US$1,400 per square foot, respectively. 

ALMOST 9,000 FINED FOR SMOKING IN PUBLIC AREAS macaubusiness.com

A total of 8,913 people have been fined for breaking the city's smoking ban since January 1st. 

FEWER GAMING TABLES IN Q4, SLIGHT REVENUE INCREASE macaudailytimes.com

According to the DICJ, at 5,485, there were 12 fewer tables in 4Q than in 3Q. The number slots decreased by 444 to a total of 16,585 units. Despite sequential drop in number of tables and slots, gross gaming revenues grew 0.8% QoQ. 

S'PORE TO HAVE TWO NEW MRT LINES BY 2030 channelasia.com

Following a review of the Land Transport Master Plan by the Land Transport Authority (LTA), it was announced that Singapore will have 2 new MRT lines and extend the 3 existing lines.  The new lines are Cross Island Line (CRL) and Jurong Region Line (JRL), both of which are expected to be completed by 2030. The extension of the 3 existing lines is expected to be completed by 2025.

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