Residential property price index from November 2021 to January 2022

MACAO, March 8 – Information from the Statistics and Census Service (DSEC) indicates that the overall residential property price index for November 2021 – January 2022 has decreased by 1.0% compared to the previous period ( October – December 2021) to stand at 264.8. The Macau Peninsula (264.2) and Taipa & Coloane (267.3) indices fell 1.1% and 0.8% respectively.

The index of existing residential units (283.0) decreased by 1.1% compared to the previous period, the indices of those in the Macau Peninsula (274.3) and Taipa & Coloane (317.1) falling by 1.3% and 0.8% respectively. Analyzed according to the age of the building, the index of residential units of buildings between 6 and 10 years old fell by 2.3%, and the indices of 11 and 20 years old and over 20 years old fell by 1.2%. At the same time, the index of residential units in presale (314.1) fell by 0.5%.

The indices of residential units with a floor area of ​​less than 50 square meters and those of 100 square meters or more fell by 2.2% and 2.0% respectively, while the index of those with a floor area between 75 and 99.9 square meters increased by 0.4%. For high-rise and low-rise buildings, the indexes for residential units in buildings seven stories or less and those taller than seven stories decreased by 1.1%.

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