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Construction and Housing

Residential property price index for August - October 2020

Statistics and Census Service
2020-12-07 17:17
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Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for August - October 2020 decreased by 0.5% over the previous period (July - September 2020) to 267.6. The index for the Macao Peninsula (267.9) fell by 0.7% while that for Taipa & Coloane (266.5) rose by 0.4%.

The index for existing residential units (287.2) decreased by 0.8% from the previous period, with the indices for those in the Macao Peninsula (280.8) and Taipa & Coloane (313.4) dropping by 0.8% and 0.7% respectively. Analysed by year of building completion, the indices for residential units completed between 6 and 10 years ago and for those built more than 20 years ago went down by 1.0% and 0.9% respectively, whereas the index for residential units completed in 5 years or less grew by 0.6%. Meanwhile, the index for pre-sale residential units (284.5) increased by 1.2%.

The indices for residential units with a usable floor area between 50 and 74.9 square metres and for those with an area between 75 and 99.9 square metres decreased by 1.4% and 0.4% respectively, while the index for those with a floor area of 100 square metres and over went up by 3.5%.


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