Macau (MNA) – The overall residential property price index grew 1.3 per cent quarter-to-quarter, down 3.7 per cent from the previous quarter, yet marking the sixth consecutive quarter of growth, according to data released today by the Statistics and Census Services Bureau (DSEC).
In particular, the property prices index for the Macau Peninsula rose 1.3 per cent, while that for Taipa and Coloane combined increased 1.1 per cent.
Prices for existing residential units completed between 6 and 10 years ago rose 7.3 per cent, while prices for residential units located in buildings aged between 11 and 20 years increased 1.4 per cent.
Residential units completed in the last five years or less saw prices drop 2.6 per cent.
Prices for pre-sale residential units grew 5.5 per cent quarter-to-quarter.
The price index of residential units with a usable floor area between 75 and 99.9 square metres saw a quarterly increase of 4.7 per cent according to the DSEC.
The index for residential units with a floor area of 100 square metres or above rose 1.4 per cent.
