Residential property price index for May – July 2019

Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for May - July 2019 increased by 0.3% over the previous period (April - June 2019) to 269.3. The indices for the Macao Peninsula (271.4) and Taipa & Coloane (260.4) rose by 0.1% and 1.3% respectively.

The index for existing residential units (289.7) went up by 0.1%, with the index for Taipa & Coloane (309.4) rose by 0.1%, whereas that for the Macao Peninsula (285.1) was similar to the previous period. Analysed by year of building completion, the indices for residential units completed more than 20 years ago grew by 0.2%, whereas the index for residential units completed between 11 and 20 years ago and for those built in 5 years or less down by 1.3% and 0.1% respectively. Meanwhile, the index for pre-sale residential units (280.8) increased by 2.0%.

In comparison with May - July 2018, the overall residential property price index and the indices for existing residential units each saw a decrease of 0.5%, Meanwhile, the index for pre-sale residential units down by 0.2%.



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