LYNZY VALLES, MDT THURSDAY, APRIL 2, 2026
The city’s residential property market rebounded sharply in the first quarter of the year, with transactions nearly doubling year-on-year and rental prices continuing to climb, as policy support and easing financing costs boosted buyer confidence despite ongoing geopolitical tensions.
According to data from the Financial Services Bureau cited by Centaline, residential transactions reached about 1,328 in the first three months of the year, up roughly 95% from a year earlier.
Monthly deals climbed from 384 in January to 494 in February, with March expected to hold around 450 transactions.
The recovery follows the implementation of two key measures on Jan. 1 – a tax exemption on the first MOP6 million of property purchases and a higher mortgage cap of up to 80% – which have injected momentum into the market.
“Buyer sentiment has shifted from a wait-and-see approach late last year to actively entering the market,” said John Ng, senior regional sales director at Centaline Macau, in a press conference yesterday.
Prices have also stabilized, with average residential values edging up about 1.5% year-on-year in the first quarter to around MOP75,000 per square meter, supported in part by new project sales.
According to Centaline, some investors have already realized gains. A unit at One Oasis purchased for about MOP5.85 million last year was resold for about MOP6.88 million, generating more than MOP1 million in profit.
Luxury transactions remained subdued, with only about six deals above MOP15 million, down 50% year-on-year, though average prices rose due to high-end villa transactions.
Meanwhile, the rental market has maintained an upward trajectory.
Official data showed average rents rose to about MOP139 per square meter last year, up 2% annually, with stronger gains recorded in districts such as NAPE, Nam Van, and Coloane. Mid-sized units between 100 and 149.9 square meters saw the most notable increases.
