Residential property price index declines in Q3

The overall residential property price index in Macau fell to 211.0 in the third quarter of 2024, down 3.6% from the previous quarter. The Macau Peninsula and Taipa & Coloane indices decreased by, respectively, 4.1% and 1.4%. Existing residential units saw a 4.2% decline, while pre-sale units dropped by 0.3%. Compared to the same period in 2019, the overall index increased by 17.5%. Additionally, indices for residential units of various ages decreased, with those over 20 years old falling by 2.2%.