Peter Lam Kam Seng, who heads the government-owned Macau Urban Renewal Limited, said yesterday he expects the government’s “home swap” housing project, which will be built on the plot where the ill-fated Pearl Horizon residential project is located, to be completed in “several years”.
Lam made the remarks during a press conference at the Government Service Centre in Areia Preta which briefed the media about the ongoing application process for Pearl Horizon pre-sale buyers to apply to buy a unit in the “home swap” project on the Pearl Horizon plot.
Macau Urban Renewal Limited, a newly-established company fully owned by the government, launched the application process for the purchase of the “home swap” units by Pearl Horizon pre-sale buyers on June 17. The application process will end on August 16.
Peter Kam Kam Seng, who chairs the board of directors of Macau Urban Renewal Limited, speaks during yesterday’s press conference at the Government Service Centre in Areia Preta about the company’s “home swap” project application process. Photo: Tony Wong
