Prices in the Macao Peninsula went down by slightly less than their Taipa and Coloane counterparts. The only uptick is in pre-sale residential units.
residential property price index
Despite a tourism-led economic recovery, the residential property sector continues to underwhelm according to the latest numbers.
The latest figures from the Statistics and Census Service show a subdued market as Macao continues to recover from the effects of the Covid-19 pandemic.
Macao’s overall residential property price index for May-July rose by 1.0% over the previous period (April-June) to 268.8.
Macau’s overall residential property price index for November 2019-January 2020 dropped 0.9% over the previous survey period (October-December 2019).