Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for June - August 2018 decreased by 0.3% over the previous period (May - July 2018) to 269.9. The indices for the Macao Peninsula (272.2) and Taipa & Coloane (259.3) dropped by 0.3% and 0.1% respectively.
The index for existing residential units (291.2) was similar to the previous period, with the index for those in the Macao Peninsula (286.9) dropping by 0.2% while that for Taipa & Coloane (311.1) rising by 0.7%. Analysed by year of building completion, the indices for residential units completed between 6 and 10 years ago and more than 20 years ago grew by 0.8% and 0.4% respectively, whereas the index for those built in 5 years or less fell by 0.2%. Meanwhile, the index for pre-sale residential units (281.5) increased by 0.1%.
In comparison with June - August 2017, the overall residential property price index expanded by 9.8%, with the indices for existing residential units and pre-sale residential units rising by 11.6% and 10.0% respectively.