Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for October - December 2020 increased by 0.2% over the previous period (September - November 2020) to 268.8. The index for the Macao Peninsula (268.8) rose by 0.3%, while that for Taipa & Coloane (268.5) fell by 0.3%.
The index for existing residential units (286.8) went up by 0.1%; the index for those in the Macao Peninsula (280.8) grew by 0.3%, while the index for those in Taipa & Coloane (311.8) decreased by 0.3%. Analysed by year of building completion, the indices for residential units built between 6 and 10 years ago and for those completed in 5 years or less increased by 3.8% and 1.3% respectively, whereas the index for residential units built between 11 and 20 years ago dropped by 2.0%. Meanwhile, the index for pre-sale residential units (290.1) rose by 0.1%.
The indices for residential units with a usable floor area between 75 and 99.9 square metres and for those with a floor area of 100 square metres or more dipped by 1.4% and 0.9% respectively, while the index for those with a floor area between 50 and 74.9 square metres rose by 0.1%.
Analysed by quarter, the overall residential property price index in the fourth quarter of 2020 decreased by 0.1% from the third quarter. The index for existing residential units fell by 0.9%, while that for pre-sale residential units grew by 3.2%.
In 2020, the overall residential property price index rose by 0.1% year-on-year to 267.0. The index for pre-sale residential units (282.5) increased by 1.5%, while that for existing residential units (286.6) dropped by 0.1%.