Residential property price index for July - September 2018
Statistics and Census Service
2018-11-08 15:22
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Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for July - September 2018 increased by 0.2% over the previous period (June - August 2018) to 270.4. The index for the Macao Peninsula (272.9) rose by 0.3% while that for Taipa & Coloane (259.0) dropped by 0.1%.

The index for existing residential units (292.0) grew by 0.3% from the previous period, with the indices for those in the Macao Peninsula (287.8) and Taipa & Coloane (311.3) rising by 0.3% and 0.1% respectively. Analysed by year of building completion, the indices for residential units completed between 6 and 10 years ago and between 11 and 20 years ago increased by 1.1% and 0.8% respectively. Meanwhile, the index for pre-sale residential units (275.8) dropped by 2.0%.

Analysed by quarter, the overall residential property price index in the third quarter of 2018 (270.4) grew by 0.4% from the second quarter (269.4). The index for existing residential units rose by 0.6% whereas that for pre-sale residential units fell by 1.1%.

In terms of usable floor area, the indices for residential units with a usable floor area between 50 and 74.9 square metres and for those with an area of less than 50 square metres increased by 1.1% and 1.0% respectively quarter-to-quarter, while the index for those with a floor area of 100 square metres and over decreased by 1.4%. Analysed by building height, the index for residential units of buildings with seven storeys or less dropped by 1.3% quarter-to-quarter, whereas the index for those with more than seven storeys rose by 0.7%.


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