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Property prices in Macau drop 13 percent in 2015

Property prices in Macau drop 13 percent in 2015

The average price of residential units in 2015 dropped by 13 percent year-on-year to 86,826 patacas per square metre of usable area, the Statistics and Census Bureau (DSEC) announced on Wednesday. The average price per square metre of usable area of pre-sale residential units fell by 23.5 percent to 119,526 patacas, while the average price […]
Real estate market of Macau rebounds in Q2

Real estate market of Macau rebounds in Q2

The number and value or real-estate transactions rebounded in the second quarter after three consecutive quarters of decline, the Statistics and Census Bureau (DSEC) announced on Monday. In the second quarter, 3,038 building units and parking spaces were bought and sold at 18.03 billion patacas as per stamp duty records, up by 63.7 percent and […]
Macau’s inflation rate slows to 4.91 percent in June

Macau’s inflation rate slows to 4.91 percent in June

Macau’s composite consumer price index (CPI) for June rose 4.91 percent year-on-year, down slightly from the 4.93 percent growth in the previous month, the Statistics and Census Bureau (DSEC) announced on Tuesday. The bureau said last month’s increase was mainly due to higher housing rents and the rising cost of eating out and renting parking […]