Information from the Statistics and Census Service (DSEC) indicated that number of building units purchased and sold in the fourth quarter of 2011 decreased further by 5.2% quarter-to-quarter to 3,543 as per Stamp Duty record, yet the total value increased by 5.2% to MOP10.12 billion. There were 2,173 residential units purchased and sold, down by 1.0% over the previous quarter, while the total value rose by 5.9% to MOP6.27 billion. With high-end new properties being offered for sale in the fourth quarter of 2011, the average transaction price of all residential units increased by 14.2% quarter-to-quarter to MOP41,519 per square metre of usable area. The average price of those in the Macao Peninsula (MOP39,228), Taipa (MOP45,057) and Coloane (MOP64,063) rose by 10.8%, 18.1% and 3.5% respectively quarter-to-quarter. On account of the measures introduced by the Government to curb property prices, number of building units purchased and sold (27,624) in the whole year of 2011 decreased by 6.7% over 2010, yet the total value (MOP76.26 billion) increased by 34.4%; number of residential units (17,176) dropped by 4.5% year-on-year whereas the total value (MOP58.86 billion) went up by 28.1%. Among the residential units, 12,862 units were situated in the Macao Peninsula and 3,317 in Taipa. Regarding the price of transaction, a total of 4,967 residential units were sold for over MOP2,000,000 to MOP4,000,000, and 4,872 units for over MOP4,000,000. Analyzed by year of completion of the building, 8,396 residential units purchased and sold were completed in 2000 and after, 5,236 units in 1990-1999 and 3,544 units in 1989 and before. As regards floor area of the unit, 45.9% (7,889) of the residential units had an area of 50 to 99.9 square metres. For 2011 as a whole, the average transaction price of residential units increased by 33.6% over 2010 to MOP41,433 per square metre. The average price of office units rose by 53.5% year-on-year to MOP35,076 per square metre, and that of industrial units went up by 72.4% to MOP12,001 per square metre. For the whole year of 2011, a total of 10,935 cases of real estate sale and purchase contracts were made, down by 13.9% over 2010, and the number of units dropped by 12.7% to 14,075. Moreover, there were 7,930 cases of residential mortgage contracts signed, a decrease of 6.7% year-on-year. In 2011, gross floor area of buildings completed dropped by 8.6% year-on-year to 1,162,506 square metres, altogether providing 1,387 units (1,099 are residential units), 2,940 parking spaces for cars and 1,185 parking spaces for motorcycles.
