Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for February - April 2020 decreased by 0.5% over the previous period (January - March 2020) to 262.8. The indices for the Macao Peninsula (264.1) and Taipa & Coloane (257.3) dropped by 0.6% and 0.1% respectively.
The index for existing residential units (283.0) went down by 0.4%, of which the index for those in the Macao Peninsula (276.8) fell by 0.5% while the index for those in Taipa & Coloane (309.0) held steady from the previous period. Analysed by year of building completion, the indices for residential units built in 5 years or less and for those completed between 6 and 10 years ago dropped by 4.2% and 3.5% respectively, whereas the index for residential units completed more than 20 years ago grew by 0.3%. Meanwhile, the index for pre-sale residential units (278.0) decreased by 1.0%.
The indices for residential units with a usable floor area of 100 square metres or more and for those with a floor area between 75 and 99.9 square metres fell by 1.7% and 1.5% respectively, while the index for residential units with a floor area of less than 50 square metres increased by 1.1%. In terms of high- and low-rise buildings, the indices for residential units of buildings with seven storeys or less and for those with more than seven storeys rose by 1.0% and 0.3% respectively.