Information from the Statistics and Census Service (DSEC) indicated that a total of 8,575 building units were purchased and sold at MOP16.79 billion in the second quarter of 2010 according to Stamp Duty records, up by 34.3% and 67.5% respectively quarter-to-quarter. There were 5,372 residential units amounting to MOP13.78 billion, up by 38.3% and 73.5% respectively over the previous quarter, of which 1,773 residential units were purchased and sold under Intermediate Transfer of Title, up sharply by 123.9% quarter-to-quarter, and the total value soared by 124.8% to MOP8.43 billion. Regarding the price of transaction, 1,609 residential units were sold for over MOP1,000,000 to MOP2,000,000, and 1,361 units for MOP1,000,000 or less. Analyzed by year of completion of building, 2,212 residential units were completed in 2000 and after, 1,940 units in 1990-1999 and 1,220 units in 1989 and before. As regards floor area of unit, 2,635 units (49.1% of total) had an area of 50 to 99.9 square metres. In the second quarter of 2010, opening sale of the major residential property pushed up the average transaction price of residential units in Coloane by 1.3 times quarter-to-quarter to MOP59,509 per square metre of usable area, bringing the overall average price of residential units to increase by 19.3% to MOP32,026 per square metre. Meanwhile, the average transaction price of residential units in the Macao Peninsula increased by 3.5% from the previous quarter to MOP27,603 per square metre, and the average price of those in Taipa went up by 3.8% to MOP28,372 per square metre. With regard to transaction of residential units under Intermediate Transfer of Title, the average price stood at MOP48,093 per square metre, up by 7.2% quarter-to-quarter. The average price of office units dropped by 6.6% from the previous quarter to MOP22,169 per square metre, whereas that of industrial units rose by 2.9% to MOP6,712 per square metre. There were 3,353 cases of real estate sale and purchase contracts made in the second quarter of 2010; the number of units transacted rose by 6.2% quarter-to-quarter to 4,572 and the total value went up by 29.4% to MOP6.44 billion. Moreover, total value of mortgage loans amounted to MOP45.19 billion, up by 4.6 times quarter-to-quarter. In the second quarter of 2010, construction of new buildings with a gross floor area of 5,840 square metres has been started, which will provide 41 units upon completion (of which 33 are residential units), down by 95.3% and 91.9% respectively quarter-to-quarter. In addition, gross floor area of buildings completed totalled 609,154 square metres, altogether providing 1,869 units (of which 1,801 are residential units), up sharply by 8.4 times and 11.5 times respectively quarter-to-quarter; number of parking spaces for cars and motorcycles completed surged by 14.8 times and 1.7 times to 2,307 and 379 respectively.
