Information from the Statistics and Census Service (DSEC) indicated that the real estate transaction in the second quarter of 2009 rebounded from the previous quarter. Based on Stamp Duty records, a total of 3,713 building units amounted to MOP4.57 billion were sold and purchased, both up notably by 1.2 times over the first quarter, with 1,103 units valued at MOP2.49 billion (29.7% of total) being new units within the property tax exemption period, up by 1.4 times and 1.7 times respectively quarter-to-quarter. The majority (2,277 units) of these transactions were residential units and the corresponding value amounted to MOP3.76 billion, rising remarkably by 1.8 times and 2.0 times respectively quarter-to-quarter. Among the residential units, 1,813 were situated in the Macao Peninsula and 459 in Taipa. In terms of the transaction price, 1,152 units (50.6% of total) were sold for MOP1,000,000 or less and 514 units (22.6%) for over MOP1,000,000 to MOP2,000,000. Analysed by year of completion of the building, 715 residential units were completed in 2000 and after, 925 units in 1990-1999 and 637 units in 1989 and before. As regards the floor area of the unit, 1,082 units (47.5%) had an area of 50 to 99.9 square metres. In the second quarter of 2009, the average transaction price of residential units rose by 10.6% quarter-to-quarter to MOP18,928 per square metre of usable area, with the average price of those in the Macao Peninsula increasing by 23.3% to MOP17,794 per square metre, but the average of those in Taipa falling by 10.0% to MOP22,366 per square metre. Meanwhile, the average price of residential units purchased and sold under Intermediate Transfer of Title amounted to MOP31,184 per square metre, up by 7.1% quarter-to-quarter. The average transaction price of office units and industrial units stood at MOP19,556 and MOP5,815 per square metre down by 12.0% and 9.4% respectively quarter-to-quarter. There were 2,109 cases of real estate sale and purchase contracts made in the second quarter of 2009, involving 2,847 units valued at MOP3.28 billion, up by 1.2 times and 1.4 times respectively quarter-to-quarter. Total value of mortgage loans to residential units increased by 1.2 times from the first quarter to MOP1.28 billion. In the second quarter of 2009, approvals were granted to the construction of 14 buildings with a gross floor area of 28,031 square metres, which will provide a total of 48 units, of which 34 are residential units. Meanwhile, construction of 9 new buildings with a gross floor area of 34,527 square metres has been started, upon completion, will provide 55 units, 16 parking spaces for cars and 30 parking spaces for motorcycles. In addition, a total of 9 buildings with a gross floor area of 377,824 square metres were completed, altogether providing 220 units (185 are residential units), 1,086 parking spaces for cars and 379 parking spaces for motorcycles.
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