Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for April - June 2020 increased by 0.6% over the previous period (March - May 2020) to 266.2. The indices for the Macao Peninsula (266.7) and Taipa & Coloane (264.2) both rose by 0.6%.
The index for existing residential units (286.1) went up by 0.9%, with the indices for those in the Macao Peninsula (279.8) and Taipa & Coloane (311.9) rising by 1.0% and 0.5% respectively. 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 1.7% respectively, whereas the index for residential units completed between 6 and 10 years ago dropped by 1.4%. Meanwhile, the index for pre-sale residential units (278.1) decreased by 0.3%.
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 increased by 2.2% and 2.1% respectively, while the index for residential units with a floor area of less than 50 square metres decreased by 0.2%. In terms of high-and low-rise buildings, the index for residential units of buildings with more than seven storeys grew by 0.4%, whereas the index for those with seven storeys or less held steady from the previous period.
Analysed by quarter, the overall residential property price index in the second quarter of 2020 grew by 0.8% from the first quarter. The index for existing residential units rose by 0.7% whereas that for pre-sale residential units fell by 1.0%.