Information from the Statistics and Census Service (DSEC) indicated that the overall residential price index in the second quarter of 2017 grew by 3.7% quarter-to-quarter to 253.0, marking five consecutive quarters of increase. The indices for the Macao Peninsula (253.7) and Taipa & Coloane (249.9) rose by 3.6% and 4.3% respectively. The index for existing residential units (259.6) went up by 4.4%, with the indices for the Macao Peninsula (246.7) and Taipa & Coloane (318.2) increasing by 4.5% and 4.0% respectively.
The index for pre-sale residential units (247.2) increased by 6.0% quarter-to-quarter. The indices for all groups of existing residential units in terms of year of completion registered growth. Higher increase was seen in the indices for residential units built within 5 years or less (241.0) and for those completed between 11 and 20 years ago (263.6), up by 6.6% and 4.9% respectively.
Analysed by usable floor area, the index for residential units with a usable floor area between 50 and 74.9 square metres (281.7) increased by 5.7% quarter-to-quarter, and the index for those with a floor area of 100 square metres or more (232.1) rose by 4.3%.