Residential Property Price Index for December 2020 – February 2021

Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for December 2020 - February 2021 decreased by 1.7% over the previous period (November 2020 - January 2021) to 263.1. The indices for the Macao Peninsula (262.8) and Taipa & Coloane (264.5) dropped by 1.7% and 1.5% respectively.

The index for existing residential units (282.3) went down by 1.4%, with the index for those in the Macao Peninsula (274.1) falling by 1.9% while the index for those in Taipa & Coloane (316.6) rising by 0.5%. Analysed by age of building, the indices for residential units of buildings over 20 years old and for those of 5 years old or less dropped by 2.3% and 0.3% respectively, whereas the index for those between 6 and 10 years old grew by 1.1%. Meanwhile, the index for pre-sale residential units (284.6) decreased by 1.7%.

The indices for residential units with a usable floor area between 50 and 74.9 square metres and for those with a floor area of less than 50 square metres fell by 2.2% and 1.2% respectively, while the index for residential units with a floor area of 100 square metres or more stayed flat from the previous period.

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