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Private Sector Construction and Real Estate Transaction for the 1st Quarter 2012


Information from the Statistics and Census Service (DSEC) indicated that a total of 3,592 building units were purchased and sold at MOP11.71 billion in the first quarter of 2012 as per Stamp Duty record, up by 1.4% and 15.7% respectively quarter-to-quarter. There were 2,344 residential units amounting to MOP8.31 billion, up by 7.9% and 32.6% respectively over the previous quarter. Analyzed by year of completion of the building, 781 residential units purchased and sold were completed in 1990-1999, and 632 units in 2010 and after (including 342 pre-sale units in uncompleted residential buildings). As regards floor area of the unit, 1,139 residential units (48.6% of total) had an area of 50 to 99.9 square metres. The average transaction price of all residential units amounted to MOP45,453 per square metre of usable area, up by 9.5% quarter-to-quarter. The average price of those in the Macao Peninsula (MOP41,266), Taipa (MOP48,107) and Coloane (MOP83,173) increased by 5.2%, 6.8% and 29.8% respectively quarter-to-quarter. Analyzed by floor area, the average price of residential units with an area of 150 square metres and over increased by 21.9% quarter-to-quarter to MOP70,960 per square metre. In addition, the average price of office units increased by 5.1% quarter-to-quarter to MOP40,362 per square metre, and that of industrial units rose by 15.4% to MOP16,068 per square metre. In the first quarter of 2012, a total of 1,990 cases of real estate sale and purchase contracts were made, up by 1.0% quarter-to-quarter, and the number of units rose by 37.6% to 3,248. Moreover, there were 1,388 cases of residential mortgage contracts signed, a decrease of 9.8% quarter-to-quarter. In the first quarter of 2012, gross floor area of buildings completed totalled 9,164 square metres, altogether providing 36 units (24 are residential units), 17 parking spaces for cars and 6 parking spaces for motorcycles.



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