Macau Urban Renewal Limited (MUR) reaffirmed yesterday that its temporary housing project comprising eight towers on Plot P in Areia Preta district will be completed at the end of this year as scheduled.
The statement noted that the flats in the eight high-rises are earmarked for property owners affected by urban renewal projects to rent temporarily during the redevelopment of their former homes.
The statement said that after the topping-out of the eight towers was completed in December last year, constructors began the fitting-out of the flats, adding that they are currently removing scaffolding from the towers’ external walls.
Construction of the eight temporary housing towers, as well as six “home swap” housing towers, on Plot P got off the ground in 2021.
The home swap housing project on the plot is also scheduled to be completed at the end of this year.
The flats in the six home swap housing towers are earmarked for eligible Pearl Horizon pre-sale buyers to purchase.
Both the temporary housing and home swap housing projects on Plot P are developed by government-owned Macau Urban Renewal Limited.
Plot P was initially earmarked for the development of a private residential project, namely Pearl Horizon, but its developer failed to complete the development before the plot’s provisional land concession expired in late 2015, after which the government annulled the concession in early 2016. The government decided in 2018 to construct home swap flats on part of the plot earmarked for eligible Pearl Horizon pre-sale buyers to purchase.
In March 2021, the government granted Macau Urban Renewal Limited the land concession of an area of 47,682 square metres on Plot P for the development of its home swap and temporary housing projects.
The 47,682-square-metre area is developed for a home swap housing estate comprising six 50-storey towers and three temporary housing estates comprising a total of eight towers.
The eight temporary housing towers comprise two 37-storey towers, two 41-storey towers and four 50-storey towers.
According to the MUR website, the home swap housing towers will provide about 2,000 flats while the temporary housing towers will provide about 2,800 units.
The home swap and temporary housing estates will include carparks.
Yesterday’s MUR statement noted that the future temporary housing community on Plot P will have a public bus terminal and a pedestrianised street.
The statement said that two 24-metre-wide two-way public roads will be built in the Plot P temporary housing community. Each of the two roads will have four vehicular lanes.
According to previous MUR announcements, the construction of the six home swap and eight temporary housing towers has a total price tag of 7.98 billion patacas.
An area of 6,828 square metres on Plot P was developed for the government’s high-rise rental residential building for senior citizens, the construction of which got off the ground in late 2020 and was completed early this year.
This undated handout photo released by Macau Urban Renewal Limited (MUR) yesterday shows two 37-storey temporary housing towers (right) and two 50-storey home swap housing towers (left) on Plot P at the peninsula’s north-eastern coast.
This MUR artist’s rendition released last year shows a road in the future Plot P temporary housing community.
This artist’s rendition downloaded from the MUR website yesterday shows the eight temporary housing towers and six home swap housing towers on Plot P.
