Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for November 2022 - January 2023 decreased by 0.8% over the previous period (October - December 2022) to 245.2. The index for the Macao Peninsula (243.9) dropped by 1.3% while that for Taipa & Coloane (250.4) rose by 1.1%.
The index for existing residential units (262.8) decreased by 0.8% from the previous period; the index for those in the Macao Peninsula (253.3) dropped by 1.4% while the index for those in Taipa & Coloane (300.8) climbed by 1.2%. Analysed by age of building, the indices for residential units of buildings of 5 years old or less and for those over 20 years old fell by 2.0% and 0.7% respectively, whereas the index for those between 6 and 10 years old grew by 0.8%. Meanwhile, the index for pre-sale residential units (287.0) stayed flat over the previous period.
The indices for residential units with a usable floor area between 50 and 74.9 square metres and for those with a floor area between 75 and 99.9 square metres decreased by 1.4% and 0.9% respectively, while the index for those with a floor area of 100 square metres and over went up by 0.6%.
In comparison with November 2021 - January 2022, the overall residential property price index fell by 7.4%, with the indices for the Macao Peninsula and Taipa & Coloane dropping by 7.7% and 6.3% respectively.