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Residential property price index edges up slightly

Only minor differences recorded throughout the city depending on location, size and age; greatest change shows prices of units larger than 100 square metres increase by 2.8%.

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Only minor differences recorded throughout the city depending on location, size and age; greatest change shows prices of units larger than 100 square metres increase by 2.8%.

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PUBLISHED

READING TIME

Less than 1 minute Minutes

Macao’s overall residential property price index for February-April increased 0.5 per cent over the previous survey period (January-March), the Statistics and Census Bureau announced yesterday.

The indices for the peninsula and Taipa-Coloane rose 0.3 per cent and 1.3 per cent respectively.

The index for existing residential units increased 0.7 per cent, with the indices for those in the peninsula and Taipa-Coloane rising 0.4 per cent and 1.2 per cent respectively.

The indices for residential units built between 11 and 20 years ago and for those built between six and 10 years ago increased 1.8 per cent and 1.3 per cent respectively. The index for pre-sale residential units dropped by 0.7 per cent.

The indices for residential units with a usable floor area of 100 square metres or more, and for those with a floor area between 75 and 99.9 square metres, rose 2.8 per cent and 1.9 per cent respectively.

 

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