Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for November 2018 – January 2019 decreased by 1.3% over the previous period (October - December 2018) to 265.4. The indices for the Macao Peninsula (267.9) and Taipa & Coloane (254.8) dropped by 1.1% and 2.0% respectively.
The index for existing residential units (286.9) went down by 1.0%, with the indices for the Macao Peninsula (282.2) and Taipa & Coloane (307.1) falling by 1.1% and 0.9% respectively. Analysed by year of building completion, the indices for residential units completed between 6 and 10 years ago and for those built between 11 and 20 years ago fell by 2.6% and 2.4% respectively, whereas the index for those completed in 5 years or less edged up by 0.1%. Meanwhile, the index for pre-sale residential units (265.6) decreased by 2.4%.
In comparison with November 2017-January 2018, the overall residential property price index and the index for existing residential units increased by 3.2% and 6.0% respectively, whereas the index for pre-sale residential units went down by 3.1%.