Macao Monetary Authority: In January 2026, Macao banks approved new residential mortgage loans totaling 1.59 billion Macau patacas, an increase of 76.7% compared to the previous month.

The statistics released by the Monetary Authority of Macao on March 13th showed that in January 2026, the newly approved residential mortgage loans and commercial property loans both increased compared to the previous month. In terms of the total outstanding loan amount, both residential mortgage loans and commercial property loans saw a decrease. The residential mortgage loans approved by Macao banks in January 2026 increased by 76.7% to MOP 1.59 billion. As of the end of January 2026, the total outstanding residential mortgage loans decreased by 0.2% compared to the previous month to MOP 206.06 billion, a 5.3% decrease year-on-year. Newly approved loans: The residential mortgage loans approved by Macao banks in January 2026 increased by 76.7% to MOP 1.59 billion. Of this amount, the portion for residents, accounting for 98.7% of newly approved residential mortgage loans, increased by 74.4% to MOP 1.57 billion, while the portion for non-residents increased to MOP 20 million. The average monthly amount of newly approved residential mortgage loans from November 2025 to January 2026 was MOP 1.25 billion, a 12.3% increase from the previous period (October to December 2025). The newly approved commercial property loans increased by 15.1% to MOP 560 million, all of which were residential loans. The average monthly amount of newly approved commercial property loans from November 2025 to January 2026 was MOP 480 million, a 16.4% decrease from the previous period (October to December 2025). Total outstanding mortgage loans: As of the end of January 2026, the total outstanding residential mortgage loans decreased by 0.2% to MOP 2.06 trillion, a 5.3% decrease compared to the same period last year; of which, 96.7% was for residents. The outstanding residential mortgage loans for residents and non-residents decreased by 0.2% and 0.5% respectively. The total outstanding commercial property loans amounted to MOP 1.3745 trillion, a 0.5% decrease compared to the previous month, and an 8.5% decrease year-on-year; of which, 91.4% was for residents. The outstanding commercial property loans for residents and non-residents decreased by 0.5% and 0.8% respectively. Loan delinquency rate: The delinquency rate for residential mortgage loans at the end of January 2026 remained unchanged at 3.6% compared to the previous month, but increased by 0.1 percentage points year-on-year. The delinquency rate for commercial property loans was 5.4%, unchanged from the previous month and year-on-year.