Residential property price index for September – November 2019

Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for September - November 2019 held steady compared to the previous period (August - October 2019), at 267.4; the index for the Macao Peninsula (268.9) grew by 0.1% while that for Taipa & Coloane (261.5) dropped by 0.3%.

The index for existing residential units was 288.0, with the index for those in Taipa & Coloane (310.4) dropping by 0.6% whereas the index for those in the Macao Peninsula (282.5) remaining steady over the previous period. Analysed by year of building completion, the indices for residential units completed between 6 and 10 years ago and for those built between 11 and 20 years ago fell by 2.4% and 0.8% respectively, while the index for residential units completed more than 20 years ago grew by 0.4%. Meanwhile, the index for pre-sale residential units (279.1) decreased by 0.2% from the previous period.

In comparison with September - November 2018, the overall residential property price index and the index for existing residential units fell by 1.1% and 1.3% respectively, whereas the index for pre-sale residential units increased by 2.5%.



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