A total of 2,542 building units and parking spaces were purchased and sold in the third quarter as per stamp duty records, a decrease of 3.6 percent quarter-to-quarter, while the total value of transactions rose by 1.6 percent to 14.94 billion patacas, the Statistics and Census Bureau (DSEC) announced yesterday.
Residential housing sales decreased by 70 quarter-to-quarter to 1,901 units, while the total value fell by 0.7 percent to 12.60 billion patacas. The number of existing residential units sold fell to 1,605, down by 73 from the previous quarter, amounting to 10.05 billion patacas, a 4.7 percent decrease. A total of 296 pre-sale residential units were sold in the third quarter, down by three from the second quarter, but the sales value rose by 18.8 percent to 2.55 billion patacas.
Concerning the average price per square metre of usable area, the overall average price of residential units (103,987 patacas) dropped by 1.1 percent quarter-to-quarter. The average prices of those in the peninsula (100,859 patacas) and Coloane (118,248 patacas) fell by 3.8 percent and 1.1 percent respectively, while the average price of those in Taipa (107,266 patacas) rose by 4.9 percent.
The average price per square metre of usable area of existing residential units dipped by 1.7 percent quarter-to-quarter to 97,056 patacas.
Regarding pre-sale residential flats, the average price per square metre fell by 5.3 percent quarter-to-quarter to 143,963 percent.
The average prices per square metre of industrial units and office units decreased by 8.8 percent and 1.8 percent quarter-to-quarter to 47,742 patacas and 110,244 patacas respectively.
In the third quarter, 3,671 real estate sales contracts were signed, and the number of properties involved (3,815) rose by 52.1 percent quarter-to-quarter. Meanwhile, 3,434 mortgage contracts were signed, and the number of mortgaged properties rose by 66.3 percent to 4,914.
As regards construction in the private sector, there were 9,001 residential units in the design stage, 3,325 under construction and 1,121 under inspection at the end of the third quarter. During the quarter, 50 residential units were issued their construction permit and 41 residential units were issued their move-in permit, and all of them were located in the peninsula.
This photo shows a real estate agency’s advertisement of local private housing in Taipa. Photo: Prisca Tang
