Private sector construction and real estate transactions for the 1st quarter of 2024
Information from the Statistics and Census Service (DSEC) indicated that a total of 965 building units and parking spaces were purchased and sold in the first quarter of 2024 as per Stamp Duty record, and the total value of transactions was MOP4.76 billion, up by 19.0% and 26.6% respectively quarter-on-quarter. Purchase and sale of residential units increased by 48 quarter-on-quarter to 573 units, and the total value went up by 16.7% to MOP3.34 billion. Number of existing residential units transacted (530 units) grew by 20.7% and the transaction value (MOP3.11 billion) swelled by 27.6%. Moreover, transaction volume (43 units) and value (MOP 230 million) of pre-sale residential units declined by 50.0% and 45.7% respectively quarter-on-quarter.
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Friday, 17th May
Thursday, 16th May
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