Rua do Laboratório
ENTRY-LEVEL RESIDENTIAL
MPO sold its Rua do Laboratório project – an entry level residential redevelopment property located in northern Macau Peninsula – to a local Macau developer in April 2011. The agreed sale price of US$41 million translated to a return on investment of 84% or net project internal rate of return of 15%.
Property Details
Property Type | Development |
Location | Macau Peninsula |
Gross Floor Area | 220,000 sq ft |
Description | High-rise residential block divested in April 2011 |