Residential property price index for December 2019 - February 2020
Statistics and Census Service
2020-04-08 10:38
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Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for December 2019 - February 2020 decreased by 0.2% over the previous period (November 2019 - January 2020) to 264.7. The indices for the Macao Peninsula (266.2) and Taipa & Coloane (258.6) dropped by 0.1% and 0.7% respectively.

The index for existing residential units (283.3) went down by 0.1%, with the index for those in the Macao Peninsula (278.1) falling by 0.3%; on the other hand, the index for those in Taipa & Coloane (304.7) rose 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 between 6 and 10 years ago dropped by 1.1% and 0.5% respectively, whereas the index for those completed in 5 years or less grew by 0.1%. Meanwhile, the index for pre-sale residential units (285.4) increased 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 decreased by 1.0% and 0.5% respectively, while the index for residential units with a floor area of less than 50 square metres saw a 0.6% rise. In terms of high- and low-rise buildings, the indices for residential units of buildings with seven storeys or less and for those with more than seven storeys went down by 1.7% and 0.4% respectively.


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