Macao’s overall residential property price index for June-August dipped by 0.3 per cent over the previous survey period (May-July) to 268.0, the Statistics and Census Bureau (DSEC) announced today.
The indices for the peninsula (268.8) and Taipa/Coloane (264.3) dropped by 0.3 per cent and 0.6 per cent respectively, according to a DSEC statement.
The overall index for existing residential units (289.1) in the Macao Special Administrative Region (MSAR) held steady from the previous period.
The index for existing buildings in the peninsula (282.9) grew by 0.1 per cent while the index for those in Taipa/Coloane (314.8) fell by 0.1 per cent.
Analysed by year of building completion, the indices for residential units completed between six and 10 years ago and for those built between 11 and 20 years ago fell by 0.5 per cent and 0.3 per cent respectively, while the index for residential units completed in 5 years or less rose by 0.3 per cent.
Meanwhile, the index for pre-sale residential units (276.8) decreased by 0.8 per cent from the previous period, the bureau said.
The index for residential units with a usable floor area of less than 50 square metres decreased by 1.1 per cent, while the indices for those with a floor area between 50 and 74.9 square metres and for those with an area between 75 and 99.9 square metres both rose by 0.7 per cent.
In terms of high- and low-rise buildings, the indices for residential units of buildings with seven storeys or less and for those with more than seven storeys went down by 1.6 per cent and 0.2 per cent respectively.
PHOTO © Macau News