Macau Daily Times. 16 May 2025.
Macau’s property market saw a notable slowdown in the first quarter of 2025, with a total of 1,348 building units and parking spaces transacted, down 1.5% quarter-on-quarter, according to the Statistics and Census Service (DSEC).
Transaction value fell sharply by 28.4% to MOP5.33 billion.
Residential property sales dropped by 130 units to 754, with total value slipping 27.4% to MOP3.69 billion. Transactions of existing homes fell to 644 units, valued at MOP3.2 billion – representing quarterly declines of 17.6% and 29%, respectively.
110 pre-sale units were sold, up eight units, though value declined 15.2% to MOP488 million.
The average price per square metre of residential units decreased by 5.5% to MOP71,859. Prices fell across all districts: 2.6% in the Macao Peninsula (MOP68,043), 3.6% in Taipa (MOP78,547), and 24.5% in Coloane (MOP76,441). Pre-sale unit prices plunged 31.2% to MOP81,448.
Office unit prices also fell 10.1% to MOP58,652, while industrial units rose 5.5% to MOP34,361.
By quarter’s end, 212 studio flats, entirely in the Macao Peninsula, were granted use licenses.
The data also show that an additional 32 units received construction permits, mostly comprising two-bedroom and studio flats.
