Residential property price index for December 2018 - February 2019
Statistics and Census Service
2019-04-08 15:54
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Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for December 2018 - February 2019 decreased by 0.9% over the previous period (November 2018 - January 2019) to 262.9. The indices for the Macao Peninsula (265.3) and Taipa & Coloane (252.4) dropped by 1.0% and 0.9% respectively.

The index for existing residential units (283.7) went down by 1.1%, with the indices for those in the Macao Peninsula (278.9) and Taipa & Coloane (304.4) falling by 1.2% and 0.9% respectively. Analysed by year of building completion, the indices for residential units completed between 11 and 20 years ago and for those built over 20 years ago slid by 1.8% and 1.2% respectively. Meanwhile, the index for pre-sale residential units (266.9) increased by 0.5%.

In comparison with December 2017 - February 2018, the overall residential property price index and the index for existing residential units increased by 4.3% and 6.7% respectively, whereas the index for pre-sale residential units went down by 1.0%.

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