Macau's overall residential property price index for November 2019-January 2020 dropped 0.9 percent over the previous survey period (October-December 2019), the Statistics and Census Bureau (DSEC) announced today.
The indices for the peninsula and Taipa/Coloane fell 1.0 percent and 0.6 percent respectively.
The index for existing residential units declined 1.1 percent. The indices for residential units completed more than two decades ago and for those built five years or less ago decreased 1.5 percent and 0.5 percent respectively, while the index for residential units completed between six and 10 years ago grew 1.6 percent.
The index for pre-sale residential units rose 0.5 percent.
The indices for residential units with a usable floor area of less than 50 square metres and for those of 100 square metres or more decreased 1.2 percent and 1.0 percent respectively, while the index for residential units with a floor area between 75 and 99.9 square metres recorded an 0.7 percent rise.
The indices for residential units in buildings with seven floors or less and for those with more than seven floors decreased 2.8 percent and 0.6 percent respectively.
