Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for May - July 2018 increased by 0.5% over the previous period (April - June 2018) to 270.7. The indices for the Macao Peninsula (273.1) and Taipa & Coloane (259.6) both rose by 0.5%.
The index for existing residential units (291.3) went up by 0.4%, with the indices for those in the Macao Peninsula (287.5) and Taipa & Coloane (309.0) rising by 0.2% and 1.2% respectively. Analysed by year of building completion, the indices for residential units completed between 11 and 20 years ago and those built in 5 years or less grew by 1.3% and 1.0% respectively, whereas the index for residential units completed between 6 and 10 years ago dropped by 0.9%. The index for pre-sale residential units (281.3) increased by 0.9%.
In comparison with May - July 2017, the overall residential property price index expanded by 11.0%, with the indices for existing residential units and pre-sale residential units rising by 12.5% and 12.7% respectively.