Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for March – May 2018 increased by 5.4% over the previous period (February – April 2018) to 265.0. The indices for the Macao Peninsula (266.7) and Taipa & Coloane (257.0) rose by 6.0% and 2.3% respectively.
The index for existing residential units (285.2) went up by 3.4%, with the indices for those in the Macao Peninsula (281.5) and Taipa & Coloane (302.4) rising by 3.6% and 2.4% respectively.
The index for pre-sale residential units (274.3) increased by 9.2%. Analysed by year of building completion, the indices for residential units built more than 20 years ago and those built in 5 years or less rose by 3.7% and 1.5% respectively.
In comparison with March – May 2017, the overall residential property price index expanded by 8.7%, with the indices for existing residential units and pre-sale residential units rising by 10.0% and 10.8% respectively.