Macau | Taipa and Coloane residential property price index up 13 pct y-on-y in Aug-Oct

The residential property price index increased 12.9 per cent yearly in during the August to October period this year, with the Macau Peninsula seeing a 5.5 increase in the price index

Macau (MNA) – The residential property price index increased 12.9 per cent yearly in during the August to October period this year to an 261.5 index value, data divulged by the Statistics and Census Bureau (DSEC) on Friday revealed.

With 2011 as the base 100 index value, existing Taipa and Coloane existing residential units -excluding pre-sale units – registered a 9.8 per cent yearly in jump in the same three month period of 2018 to 312.8.

 

Meanwhile, the overall residential price index in the Macau Peninsula increased 5.5 per cent to 270.2 between August and October with existing residential units going up 8.1 per cent to 285.5.

In the whole city, the overall residential price index went ip 6.7 per cent year-on-year to 268.7, with existing residential units rising 8.4 per cent to 290.4.

When comparing with the previous July to September three-month period, the residential property index dropped 0.6 per cent in the city, and 1 per cent in the Macau peninsula but went up 1 per cent in Taipa and Coloane.

 

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