In general, flat prices dipped slightly both on peninsular and in Taipa and Coloane, no matter their age or size, whether high- or low-rise.
Statistics and Census Bureau
Latest figures show visitor numbers dropped 19.6% last month, 30.3% in annual terms, as city feels the pinch from Covid-19 and economic downturn.
Most guests mainlanders or staycationers; figures still well short of pre-pandemic 2019, when almost every bed was filled every night.
Compared to the millions who flocked to Macao back in early 2020, last month’s total of 655,505 – more than 90% mainlanders – was a paltry result.
Mainlanders make up the bulk of the market, however beds stand empty for around one night in two, with occupancy rates at 44%.
Covid-19 blamed for fewer arrivals; GBA supplies more than half of Macao’s visitors, with most coming from Zhuhai.
Buying somewhere to live got marginally more expensive, with Taipa and Coloane slightly ahead of the Macao peninsula.
Higher costs of transport and services countered by cheaper prices for recreation, culture and communications, DSEC reports.
Just over 800,000 visitors recorded, mainly from mainland, but still one-third of arrivals in November 2019.