Residential property price Index for April – June 2018


Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for April - June 2018 increased by 1.7% over the previous period (March - May 2018) to 269.4. The indices for the Macao Peninsula (271.8) and Taipa & Coloane (258.2) rose by 1.9% and 0.5% respectively.

The index for existing residential units (290.2) grew by 1.8% from the previous period, with the indices for those in the Macao Peninsula (287.0) and Taipa & Coloane (305.3) rising by 2.0% and 1.0% respectively. The index for pre-sale residential units (278.9) increased by 1.7% over the previous period.

Analysed by year of building completion, the indices for residential units built in 5 years or less and those built more than 20 years ago went up by 2.7% and 1.5% respectively, whereas the index for residential units completed between 6 and 10 years ago dropped by 0.4%.

Analysed by quarter, the overall residential property price index in the second quarter of 2018 (269.4) grew by 6.3% compared to the last quarter (253.4). The indices for existing residential units and pre-sale residential units rose by 8.4% and 3.3% respectively.

With respect to usable floor area, the indices for residential units with a usable floor area of less than 50 square metres and for those with an area between 50 and 74.9 square metres increased by 5.9% and 5.6% respectively quarter-to-quarter. Analysed by building height, the index for residential units of buildings with seven storeys or less went up by 10.1% quarter-to-quarter, and the index for those with more than seven storeys rose by 4.7%.



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