Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index in the third quarter of 2017 grew by 1.3% quarter-to-quarter to 256.3, which marked the sixth consecutive quarter of growth, and yet showed a slowdown from the 3.7% increase in the previous quarter. The indices for the Macao Peninsula (257.1) and Taipa & Coloane (252.7) rose by 1.3% and 1.1% respectively.
The index for existing residential units (263.8) went up by 1.6% quarter-to-quarter, with the index for the Macao Peninsula (248.8) rising slightly by 0.9% and that for Taipa & Coloane (331.6) increasing by 4.2%. In terms of year of building completion, the indices for existing residential units completed between 6 and 10 years ago (263.5) and between 11 and 20 years ago (267.3) registered larger growth of 7.3% and 1.4% respectively, while the index for those built within 5 years or less (234.7) dropped by 2.6%. The index for pre-sale residential units (260.9) grew by 5.5% quarter-to-quarter.
Analysed by usable floor area, the index for residential units with a usable floor area between 75 and 99.9 square metres (237.6) increased by 4.7% quarter-to-quarter, and the index for those with a floor area of 100 square metres or more (235.4) rose by 1.4%.