Macao: The overall residential building price index for September to November was 206.5, a 12.3% decrease compared to the previous year.

On January 7, the Statistics and Census Bureau of Macao reported that the overall residential building price index from September to November 2024 was 206.5, a decrease of 1.7% compared to the previous period (August to October 2024). The prices in Macao Peninsula (200.8) and Taipa (229.1) decreased by 2% and 0.8% respectively. Compared to the same period in 2023, the overall residential building price index from September to November 2024 dropped by 12.3%, with Macao Peninsula and Taipa seeing declines of 14% and 5.8% respectively. The spot residential price index (222.8) decreased by 1.5% from the previous period, with Macao Peninsula (209.4) and Taipa (276.1) seeing declines of 1.9% and 0.6% respectively. When divided by building age, the residential building price index for buildings under 5 years and over 20 years decreased by 1.9% and 1.1% respectively, while those between 6 to 10 years increased by 0.3%. The index for pre-sale properties dropped by 1.9%. When measured by unit usable area, the residential building price index for properties with 100 square meters or more decreased by 2.2% from the previous period, while those between 50 to 74.9 square meters also dropped by 1.9%. Properties below 50 square meters increased by 0.3%. When divided by building height, the index for buildings seven stories or lower decreased by 2.6%, while those over seven stories saw a decline of 0.5%.