The price of land per square meter rose by about MOP22,000 more in September than the same month last year, reaching MOP97,386, according to data released by the Financial Services Bureau. When compared to August this year, however, figures show a decrease in prices by MOP3,700. The square meter price is highest in Coloane, reaching MOP137,053 per square meter. In Taipa it reached MOP111,677, whereas on the Macau peninsula the price per square meter totalled MOP89,304. In September, a total of 461 property units were purchased in Macau. 371 are located in Macau, 56 in Taipa and 34 in Coloane.
Merchandise trade deficit hits MOP19.89b
The total value of merchandise exports and imports increased by 6 pct and 9 pct respectively year-on-year in the third quarter of 2014, resulting in a MOP19.89b trade deficit. In September, the merchandise trade deficit amounted to MOP7.10 billion, as merchandise exports grew by 12 pct year-on-year to MOP762m, and imports were up by 23 pct to MOP7.86b. Value of domestic exports for September increased by 27 pct to MOP170 million, with that of Tobacco (MOP54m) surging by 1.8 times. The value of re-exports (MOP592m) also rose by 9 pct. Meanwhile, imports of mobile phones soared by 65 pct to MOP614m. In the first three quarters of this year, external merchandise trade reached MOP72.48b, up by 11 pct compared with MOP65.09b a year earlier.
Car crashes through wall, injures pedestrian
A male pedestrian suffered serious head injuries after he was hit by debris from a wall when a car crashed into it on Sunday night. Information suggests that the incident took place at around 8 p.m. at the car park on the second floor of a residential building on Avenida do Almirante Lacerda. It is alleged that a male driver was driving a minivan in the car park when he crashed into the wall. The collision created a hole in the wall and the debris which injured the pedestrian fell onto the street. Both the pedestrian and the driver were sent to hospital. The Fire Service has sealed the scene and inspected the damaged part of the wall, as well as cleaned up the debris.
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