Private sector construction and real estate transactions for the 1st quarter of 2021


Information from the Statistics and Census Service (DSEC) indicated that a total of 1,987 building units and parking spaces were purchased and sold in the first quarter of 2021 as per Stamp Duty record, and the total value of transactions was MOP10.52 billion, down by 16.1% and 22.4% respectively quarter-to-quarter.

Purchase and sale of residential units decreased by 320 quarter-to-quarter to 1,310 units, and the total value fell by 26.5% to MOP8.47 billion. Number of existing residential units transacted (1,179 units) dropped by 13.4% and the transaction value (MOP7.37 billion) fell by 16.1%. Transaction volume (131 units) and value (MOP1.10 billion) of pre-sale residential units declined by 51.1% and 59.7% respectively quarter-to-quarter.

With respect to the average price per square metre of usable area, the overall average price of residential units decreased by 8.0% quarter-to-quarter to MOP100,217, with the average prices of those in the Macao Peninsula (MOP97,798), Taipa (MOP103,634) and Coloane (MOP107,789) falling by 4.9%, 12.4% and 10.9% respectively.

The average price per square metre of existing residential units dropped by 4.0% quarter-to-quarter to MOP95,409. The transacted units were mainly in Baixa da Taipa (180 units), NATAP (152 units) and Areia Preta & Iao Hon (104 units), and the respective average prices per square metre were MOP101,979, MOP115,379 and MOP96,903.

As regards pre-sale residential units, the average price per square metre decreased by 4.3% quarter-to-quarter to MOP149,714; the average prices of those in Coloane (33 units), Fai Chi Kei (32 units) and Móng Há & Reservatório (26 units) were MOP131,142, MOP152,744 and MOP170,860 respectively.

The average price per square metre of usable area of office units went up by 4.9% quarter-to-quarter to MOP113,331, and that of industrial units grew by 26.4% to MOP51,631.

In the first quarter, there were 2,911 real estate purchase and sale contracts signed, and the number of properties involved (3,681) fell by 8.8% quarter-to-quarter. Meanwhile, 2,702 mortgage contracts were signed, and the number of properties involved (3,115) dropped by 21.4%.

As regards construction in the private sector, there were 8,505 residential units in the design stage, 2,596 under construction and 1,683 under inspection as at the end of the first quarter. During the quarter, 231 residential units were issued the construction permit, all of which were located in the Macao Peninsula; studio flats and two-bedroom units accounted for 44.2% and 31.2% of the total respectively. Meanwhile, 10 residential units were issued the licence of use, and all of them were studio flats situated in the Macao Peninsula.



Is there anything wrong with this page?

Help us improve GOV.MO

* Mandatory field

Send

All information on this site is based on the official language of the Macao Special Administrative Region. The English version is the translation from the Chinese originals and is provided for reference only. If you find that some of the contents do not have an English version, please refer to the Traditional Chinese or Portuguese versions.