Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for July - September 2019 decreased by 0.1% over the previous period (June - August 2019) to 267.6. The index for the Macao Peninsula (268.6) dropped by 0.2% while that for Taipa & Coloane (263.2) rose by 0.5%.
The index for existing residential units (287.7) was similar to the previous period, with the index for those in the Macao Peninsula (282.1) dropping by 0.1% while the index for those in Taipa & Coloane (311.7) rising by 0.4%. Analysed by year of building completion, the indices for residential units completed between 6 and 10 years ago and for those built in 5 years or less decreased by 1.2% and 0.8% respectively, whereas the index for residential units completed more than 20 years ago grew by 0.6%. Meanwhile, the index for pre-sale residential units (282.1) held steady compared to the previous period.
Analysed by quarter, the overall residential property price index in the third quarter of 2019 dropped by 0.3% from the second quarter. The index for existing residential units fell by 0.6% whereas that for pre-sale residential units rose by 2.4%. With respect to usable floor area, the indices for residential units with a usable floor area of less than 50 square metres and for those of 100 square metres or more decreased by 0.7% and 0.6% respectively quarter-to-quarter, while the index for residential units with a floor area between 75 and 99.9 square metres saw a 0.3% rise. Analysed by building height, the indices for residential units of buildings with seven storeys or less and for those with more than seven storeys went down by 0.7% and 0.2% respectively quarter-to-quarter.