Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for January - March 2019 increased by 0.2% over the previous period (December 2018-February 2019) to 263.4. The index for the Macao Peninsula (265.3) was similar to the previous period, whereas that for Taipa & Coloane (255.4) rose by 1.2%.

The index for existing residential units (283.9) went up by 0.1%, with the index for those in Taipa & Coloane (309.8) rising by 1.8% while that for the Macao Peninsula (277.9) dropping by 0.4%. Analysed by year of building completion, the indices for residential units completed between 11 and 20 years ago and for those built in 5 years or less grew by 2.7% and 1.1% respectively, whereas the index for residential units completed more than 20 years ago went down by 0.7%. Meanwhile, the index for pre-sale residential units (272.1) increased by 1.9%.

Analysed by quarter, the overall residential property price index in the first quarter of 2019 (263.4) fell by 2.0% compared to that in the fourth quarter of 2018 (268.8). The index for existing residential units dropped by 2.1%, while that for pre-sale residential units was comparable to the previous quarter.

In terms of usable floor area, 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 and over both fell by 3.9% quarter-to-quarter. On the other hand, the index for residential units with a floor area between 50 and 74.9 square metres increased by 0.4%. Analysed by building height, the indices for residential units of buildings with seven storeys or less and for those with more than seven storeys dropped by 3.0% and 2.2% respectively quarter-to-quarter.