Home prices rise 16.8 pct in 2017: official

2018-02-22 08:00
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The average price of homes reached 100,822 patacas per square metre (10,670 square foot) last year, an increase of 16.8 percent year on year, the Statistics and Census Bureau (DSEC) said in a statement yesterday.

The average prices of homes on the peninsula (91,769 patacas), in Taipa (115,160 patacas) and Coloane (128,205) rose by 18.8 percent, 16.7 percent and 15.7 percent respectively.

The average price of existing homes (90,412 patacas) and pre-sale residential units (137,597 patacas) increased by 15.7 percent and 16.3 percent respectively.

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