Zone A public housing prices range from MOP1 million to MOP2 million

[Photo: Renato Marques]

The government published the selling prices for residential units in new public housing buildings located in Zone A of the new reclamation area in yesterday’s Official Gazette.

Prices range from MOP1.01 million to MOP2.07 million, depending on the unit’s size and location.

The units are located in the buildings named Tong Veng, Tong Keong, Tong Man, Tong Tat and Tong Ip, which are situated on plots A1, A2, A3, A4 and A12 in Zone A.

All the buildings include housing units of different types, ranging from one- to three-bedroom apartments, with prices varying primarily according to the number of rooms and the total floor area.

According to Executive Order No. 182/2026, the price per square foot of usable floor area ranges from MOP2,905.05 to MOP3,142.70.

These units are part of the 2021 affordable housing acquisition tender and are being offered to residents based on their positions on the final tender list.

According to the Housing Bureau (IH), the sale price of each unit may be adjusted depending on the building’s location, orientation and position within the overall structure, as well as the unit’s area and type.

The IH also noted that the units are located near the seaside and “offer advantages in terms of location and scenery.”

Under the new Affordable Housing Law, housing units available for purchase through this tender must retain their affordable housing status and may only be sold back to the IH after purchase.

The rules require buyers to use the units as their exclusive and permanent residences and prohibit renting, lending or using them for any purpose other than permanent occupancy.

The IH said that if owners, without valid reasons, do not reside in their units for at least 183 days a year, they will face a fine ranging from 5% to 15% of the unit’s initial sale price. If the situation continues, the sales agreement will be terminated.

In the past, public housing estates only had to remain under the ownership of the original buyers for a certain period. After that, owners could rent out or sell their units on the private market.

Despite the rules, authorities previously found that some units acquired by tender winners were not being occupied by their owners but were instead illegally rented to third parties. Authorities said laws in place at the time limited their ability to intervene, prompting amendments to strengthen enforcement.