The latest figures from the Statistics and Census Service show a subdued market as Macao continues to recover from the effects of the Covid-19 pandemic.
residential units
Fitting-out work is now underway at the 4,000 apartments being built in Hengqin, with completion expected before the end of the year.
New law aims to put a stop to short stays in residential units, with an eye on the future once tourism recovers.
Macao’s overall residential property price index for June-August dipped by 0.3% over the previous survey period (May-July) to 268.0.
The number of property units sold last month fell 43.7% year-on-year to 443.
A total of 10,452 residential units were sold last year, 339 more than in 2016, the Finance Services Bureau (DSF) announced Monday.
The average price of residential units in 2015 dropped by 13 percent year-on-year to 86,826 patacas per square metre of usable area, the Statistics and Census Bureau (DSEC) announced on Wednesday. The average price per square metre of usable area of pre-sale residential units fell by 23.5 percent to 119,526 patacas, while the average price […]
The number and value or real-estate transactions rebounded in the second quarter after three consecutive quarters of decline, the Statistics and Census Bureau (DSEC) announced on Monday. In the second quarter, 3,038 building units and parking spaces were bought and sold at 18.03 billion patacas as per stamp duty records, up by 63.7 percent and […]
Macau’s average residential property price per square metre dropped 21.6 percent to 103,128 patacas in April, the Finance Services Bureau (DSEC) has announced. According to the bureau, the average size of the units amounted to 68 square metres. The average price in Taipa was 139,080 patacas per square metre, up 31.5 percent year-on-year. In Coloane, […]
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