Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for September - November 2018 increased by 0.7% over the previous period (August - October 2018) to 270.5. The index for the Macao Peninsula (272.4) rose by 0.8% while that for Taipa & Coloane (261.5) held steady.
The index for existing residential units (291.8) went up by 0.5%; the index for those in the Macao Peninsula (287.3) rose by 0.6% while the index for those in Taipa & Coloane (312.3) dropped by 0.2%. Analysed by year of building completion, the indices for those built in 5 years or less and those completed between 11 and 20 years ago grew by 0.4% and 1.6% respectively, whereas the indices for those completed between 6 and 10 years ago and over 20 years ago fell by 0.8% and 0.7% respectively. Meanwhile, the index for pre-sale residential units (272.3) decreased by 0.3%.
In comparison with September - November 2017, the overall residential property price index increased by 8.3%, with the indices for existing residential units and pre-sale residential units rising by 7.7% and 12.8% respectively.