• News
  • Covid-19
  • People
  • Arts & Culture
  • Food & Drink
  • Life
Macao News
SUBSCRIBE
  • News
    • Business
    • Covid-19
    • Economy
    • Gaming
    • Politics
    • Law & Crime
    • Social Affairs
    • Sports
    • Greater Bay Area
    • Portuguese-speaking countries
  • People
  • Arts & Culture
    • Art
    • Culture
    • Entertainment
    • History
    • Museums
  • Dining
    • Latest
    • Recipes
    • Restaurants
    • Know your chef
  • City Life
    • Sustainability
    • Wellness
  • Deep Dives
  • Partner Features
  • Video
  • News
    • News Home
    • Business
    • Economy
    • Gaming
    • Politics
    • Law & Crime
    • Social Affairs
    • Sports
    • Greater Bay Area
    • Portuguese-speaking Countries
  • Covid-19
  • People
  • Arts & Culture
    • Arts & Culture Home
    • Art
    • Culture
    • Entertainment
    • History
    • Museums
  • Dining
    • Dining Home
    • Latest
    • Recipes
    • Restaurants
    • Know your chef
  • City Life
    • City Life Home
    • Sustainability
    • Wellness
  • Deep Dives
  • Partner Features
  • Video
Macao News
Residential property price index dips 0.5%
Macao News > Economy > Residential property price index dips 0.5%

Residential property price index dips 0.5% Link copied

Macao’s overall residential property price index for August – October decreased by 0.5% over the previous period (July – September 2020) to 267.6.

8 December 202031 January 2021 BY STAFF REPORTER
BY STAFF REPORTER8 December 202031 January 2021

Macao’s overall residential property price index for August – October decreased by 0.5 per cent over the previous period (July – September 2020) to 267.6, the Statistics and Census Bureau (DSEC) said in a statement on Monday.

The index for the Macao peninsula (267.9) fell by 0.7 per cent, while that for Taipa and Coloane (266.5) rose by 0.4 per cent, the statement said.

The index for existing residential units (287.2) decreased by 0.8 per cent from the previous period, with the indices for those on the peninsula (280.8) and Taipa & Coloane (313.4) dropping by 0.8 per cent and 0.7 per cent respectively, the statement noted.

Analysed by year of building completion, according to the statement, the indices for residential units completed between six and 10 years ago and for those built more than 20 years ago went down by 1.0 per cent and 0.9 per cent respectively, whereas the index for residential units completed within the past five years dropped by 0.6 per cent. Meanwhile, the index for pre-sale residential units (284.5) increased by 1.2 per cent.

The indices for residential units with a usable floor area between 50 and 74.9 square metres and for those with an area between 75 and 99.9 square metres decreased by 1.4 per cent and 0.4 per cent respectively, while the index for those with a floor area of 100 square metres and above went up by 3.5 per cent, the statement said.

(The Macau Post Daily/Macao News)
Photo by Macau Photo Agency

  • Print
Load More
Copyright © 2023 Ruca Limited

Explore

  • News
  • Arts & Culture
  • Economy
  • Dining Scene
  • Gaming
  • People
  • Politics
  • City Life
  • Deep Dives

About

  • About Us
  • Contact
  • Contributors
  • Careers
  • Ruca Studio
  • Terms & Conditions
  • Privacy Policy

Connect

  • Facebook
  • Instagram
  • LinkedIn
  • YouTube
  • RSS
Copyright © 2023 Ruca Limited