H. OTHER ECONOMIC INDICATORS
VI. CONSTRUCTION AND REAL ESTATE
VI. CONSTRUCTION AND REAL ESTATE
2. PURCHASE AND SALE OF BUILDING UNITS PER STAMP DUTY RECORD
2011 2010 2010 2011 2011 2011 Structure
Q1 to Q3 Q3 Q4 Q1 Q2 Q3 (%)
A. Units transacted number 21 516 17 310 29 617 24 081 5 838 8 818 7 422 12 921 3 738 100.0
y-on-y % change -33.3 -19.5 71.1 15.8 9.2 33.8 16.2 50.7 -36.0
Intermediate transfer of title number 8 050 4 164 9 240 8 158 1 567 3 462 2 374 5 782 2 100.0
y-on-y % change -22.0 -48.3 121.9 41.2 12.1 196.4 74.2 103.0 -99.9
Residential number 13 686 11 307 17 989 15 003 3 649 5 084 4 554 8 255 2 194 58.7
y-on-y % change -36.7 -17.4 59.1 16.3 -0.9 11.8 17.3 53.7 -39.9
Intermediate transfer of title number 4 878 2 370 5 112 5 210 980 1 567 1 701 3 508 1 50.0
y-on-y % change -31.9 -51.4 115.7 47.0 4.9 118.2 114.8 97.9 -99.9
Commercial number 1 177 1 551 2 099 1 941 665 559 781 824 336 9.0
y-on-y % change -35.4 31.8 35.3 26.0 94.4 58.4 91.0 76.8 -49.5
Office number 510 288 652 689 83 78 133 278 278 7.4
y-on-y % change -54.0 -43.5 126.4 20.0 -9.8 -18.8 -13.1 -17.8 234.9
Industrial number 185 201 208 166 53 47 63 67 36 1.0
y-on-y % change -26.6 8.6 3.5 3.1 20.5 -36.5 18.9 21.8 -32.1
B. Value of units transacted MOP million 35 024.9 26 298.7 56 753.6 66 139.9 10 567.1 19 367.1 17 670.2 38 853.3 9 616.4 100.0
y-on-y % change -28.6 -24.9 115.8 76.9 17.7 82.3 76.3 131.3 -9.0
Intermediate transfer of title MOP million 21 242.3 10 152.6 27 841.0 # 4 381.6 10 701.9 8 562.9 23 433.0 # 100.0
y-on-y % change -28.6 -52.2 174.2 # 22.2 202.3 118.3 165.2 #
Residential MOP million 29 778.3 21 517.5 45 939.2 52 592.6 8 217.6 15 999.6 13 413.2 33 260.9 5 918.6 61.5
y-on-y % change -29.2 -27.7 113.5 75.7 7.3 81.2 68.9 141.4 -28.0
Intermediate transfer of title MOP million 20 401.4 9 311.8 26 182.4 # 4 037.5 9 961.3 8 073.4 22 136.2 # #
y-on-y % change -28.9 -54.4 181.2 # 19.7 198.5 115.2 162.5 #
Commercial MOP million 2 074.2 2 546.4 5 264.2 7 733.8 1 383.1 1 754.2 2 688.9 3 229.1 1 815.8 18.9
y-on-y % change -17.8 22.8 106.7 120.3 # 95.0 167.0 188.4 31.3
Office MOP million 959.2 429.9 1 315.8 1 909.6 129.7 157.6 280.3 652.8 976.4 10.2
y-on-y % change -49.3 -55.2 206.1 64.9 # # 26.8 -19.1 652.6
Industrial MOP million 334.1 726.6 422.2 # 109.8 95.0 230.5 # 329.5 3.4
y-on-y % change -35.1 117.5 -41.9 # 54.5 # 81.7 # 200.0
Note:1. The above information covers building units with Stamp Duty paid in the reference period, while data of the Financial Services Bureau refers to residential units with application for payment of Stamp Duty made in the reference period; hence, direct comparison of data is inappropriate.
2. Including residential units exempt from payment of Stamp Duty.
3. Intermediate transfer of title is a real estate transaction whose full transfer of ownership has not been completed. For taxation purposes, payment of 0.5% of stamp duty gives legal effects to the respective transaction. According to Law no. 4/2011 of the Macao Special Administrative Region, intermediate transfer of title was annulled on 4 May 2011.
2008 2009 2010
VI. CONSTRUCTION AND REAL ESTATE
3. PURCHASE AND SALE OF NEW BUILDING UNITS PER STAMP DUTY RECORD
2011 2010 2010 2011 2011 2011 Structure
Q1 to Q3 Q3 Q4 Q1 Q2 Q3 (%)
A. Units transacted number 9 445 5 211 10 576 11 211 1 797 3 731 2 929 7 303 979 100.0
y-on-y % change -24.2 -44.8 103.0 63.8 -4.4 111.7 70.9 119.0 -45.5
Intermediate transfer of title number 7 784 3 669 8 575 8 002 1 440 3 022 2 320 5 682 -
-y-on-y % change -20.7 -52.9 133.7 44.1 5.6 172.0 76.8 102.9 -100.0
Residential number 5 524 3 220 6 137 7 009 1 162 1 939 1 978 4 448 583 59.6
y-on-y % change -34.1 -41.7 90.6 67.0 -7.1 77.6 101.8 116.3 -49.8
Intermediate transfer of title number 4 709 2 270 4 947 5 125 924 1 520 1 666 3 459 -
-y-on-y % change -31.4 -51.8 117.9 49.5 1.1 120.0 119.2 98.5 -100.0
Commercial number 82 124 110 257 21 24 10 219 28 2.9
y-on-y % change -39.7 51.2 -11.3 198.8 -36.4 -47.8 -23.1 321.2 33.3
Office number 10 1 1 99 - 1 8 89 2 0.2
y-on-y % change 100.0 -90.0 - .. -100.0 .. .. .. ..
Industrial number - - 3 6 2 1 4 1 1 0.1
y-on-y % change .. .. .. 200.0 .. .. .. .. -50.0
B. Value of units transacted MOP million 23 429.8 13 283.8 31 262.8 40 162.5 4 916.9 11 973.6 9 636.1 27 412.4 3 114.0 100.0
y-on-y % change -30.6 -43.3 135.3 108.2 -4.7 154.8 109.9 180.3 -36.7
Intermediate transfer of title MOP million 20 938.7 9 811.8 27 388.3 31 503.2 4 216.6 10 524.4 8 319.8 23 183.3 -
-y-on-y % change -28.4 -53.1 179.1 86.8 18.4 201.8 115.4 163.9 -100.0
of which :
Residential MOP million 22 293.7 12 389.6 29 369.6 37 779.1 4 619.8 11 109.5 9 075.5 25 899.6 2 804.1 90.0
y-on-y % change -31.1 -44.4 137.0 106.9 -5.3 155.7 107.1 179.8 -39.3
Intermediate transfer of title MOP million 20 151.5 9 219.6 25 935.5 30 014.0 3 983.4 # 7 990.8 22 023.2 -
-y-on-y % change -29.0 -54.2 181.3 86.5 # # 114.7 # -100.0
Commercial MOP million 240.3 438.6 504.9 # 117.0 155.1 126.7 562.0 # #
y-on-y % change -46.2 82.5 15.1 # # -22.5 # # #
Note:1. The above information covers building units with Stamp Duty paid in the reference period, while data of the Financial Services Bureau refers to residential units with application for payment of Stamp Duty made in the reference period; hence, direct comparison of data is inappropriate.
2. Including residential units exempt from payment of Stamp Duty.
3. Intermediate transfer of title is a real estate transaction whose full transfer of ownership has not been completed. For taxation purposes, payment of 0.5% of stamp duty gives legal effects to the respective transaction. According to Law no. 4/2011 of the Macao Special Administrative Region, intermediate transfer of title was annulled on 4 May 2011.
2008 2009 2010
VI. CONSTRUCTION AND REAL ESTATE
4. PURCHASE AND SALE OF OLD BUILDING UNITS PER STAMP DUTY RECORD
2011 2010 2010 2011 2011 2011 Structure
Q1 to Q3 Q3 Q4 Q1 Q2 Q3 (%)
A. Units transacted number 12 071 12 099 19 041 12 870 4 041 5 087 4 493 5 618 2 759 100.0
y-on-y % change -39.0 0.2 57.4 -7.8 16.6 5.4 -3.8 7.2 -31.7
Intermediate transfer of title number 266 495 665 156 127 440 54 100 2 100.0
y-on-y % change -47.3 86.1 34.3 -30.7 273.5 671.9 5.9 112.8 -98.4
Residential number 8 162 8 087 11 852 7 994 2 487 3 145 2 576 3 807 1 611 58.4
y-on-y % change -38.4 -0.9 46.6 -8.2 2.3 -9.0 -11.3 14.8 -35.2
Intermediate transfer of title number 169 100 165 85 56 47 35 49 1 50.0
y-on-y % change -43.7 -40.8 65.0 -28.0 180.0 74.1 9.4 63.3 -98.2
Commercial number 1 095 1 427 1 989 1 684 644 535 771 605 308 11.2
y-on-y % change -35.1 30.3 39.4 15.8 108.4 74.3 94.7 46.1 -52.2
Office number 500 287 651 590 83 77 125 189 276 10.0
y-on-y % change -54.7 -42.6 126.8 2.8 -8.8 -19.8 -18.3 -44.1 232.5
Industrial number 185 201 205 160 51 46 59 66 35 1.3
y-on-y % change -26.6 8.6 2.0 0.6 15.9 -37.8 11.3 20.0 -31.4
B. Value of units transacted MOP million 11 595.1 13 014.9 25 490.8 25 977.4 5 650.3 7 393.4 8 034.1 11 440.9 6 502.3 100.0
y-on-y % change -24.4 12.2 95.9 43.5 48.0 24.8 47.9 63.1 15.1
Intermediate transfer of title MOP million 303.6 340.8 452.7 # 165.0 177.5 243.1 249.7 # 100.0
y-on-y % change -37.8 12.3 32.8 # 596.0 237.7 301.7 402.6 #
Residential MOP million 7 484.6 9 127.9 16 569.6 14 813.5 3 597.8 4 890.2 4 337.7 7 361.3 3 114.5 47.9
y-on-y % change -22.7 22.0 81.5 26.8 29.4 9.0 21.9 62.8 -13.4
Intermediate transfer of title MOP million 249.9 92.2 246.9 # 54.2 # 82.6 113.0 # #
y-on-y % change -15.8 -63.1 167.8 # # # 179.6 # #
Commercial MOP million 1 833.9 2 107.8 4 759.3 # 1 266.0 1 599.1 2 562.2 2 667.1 # #
y-on-y % change -11.7 14.9 125.8 # # 128.6 # # #
Office MOP million 866.6 # # # 129.7 # 252.2 480.2 # #
y-on-y % change -53.7 # # # # # 14.1 -40.5 #
Industrial MOP million 334.1 726.6 # # # # # 213.6 322.4 5.0
y-on-y % change -35.1 117.5 # # # # # 135.9 #
Note:1. The above information covers building units with Stamp Duty paid in the reference period, while data of the Financial Services Bureau refers to residential units with application for payment of Stamp Duty made in the reference period; hence, direct comparison of data is inappropriate.
2. Including residential units exempt from payment of Stamp Duty.
3. Intermediate transfer of title is a real estate transaction whose full transfer of ownership has not been completed. For taxation purposes, payment of 0.5% of stamp duty gives legal effects to the respective transaction. According to Law no. 4/2011 of the Macao Special Administrative Region, intermediate transfer of title was annulled on 4 May 2011.
2008 2009 2010
VI. CONSTRUCTION AND REAL ESTATE
5. NUMBER OF BUYERS AND VALUE OF BUILDING UNITS PURCHASED AND SOLD BY END-USE OF UNIT AND BUYER'S STATUS PER STAMP DUTY RECORD
2011 2010 2010 2011 2011 2011 Structure
Q1 to Q3 Q3 Q4 Q1 Q2 Q3 (%)
A. Buyers Total
Residents number 20 821 21 389 36 986 27 838 7 449 10 835 9 025 13 947 4 866 100.0
y-on-y % change -27.8 2.7 72.9 6.5 14.6 31.6 4.7 38.3 -34.7
Non-residents number 6 999 2 046 4 237 4 392 454 1 731 1 165 2 792 435 100.0
y-on-y % change -47.9 -70.8 107.1 75.3 -48.4 206.4 22.0 154.5 -4.2
Residential
Residents number 13 661 13 917 22 287 17 632 4 626 6 276 5 496 9 303 2 833 58.2
y-on-y % change -28.5 1.9 60.1 10.1 5.6 11.1 8.4 47.3 -38.8
Non-residents number 4 307 1 543 2 602 2 564 313 940 787 1 502 275 63.2
y-on-y % change -55.6 -64.2 68.6 54.3 -53.1 118.6 36.2 94.8 -12.1
Commercial
Residents number 1 375 1 974 3 158 2 347 942 914 879 996 472 9.7
y-on-y % change -29.1 43.6 60.0 4.6 99.2 77.1 43.4 44.6 -49.9
Non-residents number 171 111 384 358 35 257 128 168 62 14.3
y-on-y % change -66.7 -35.1 245.9 181.9 -14.6 729.0 137.0 342.1 77.1
Office
Residents number 414 300 724 860 101 89 205 276 379 7.8
y-on-y % change -53.6 -27.5 141.3 35.4 -3.8 -7.3 8.5 -20.0 275.2
Non-residents number 203 38 66 130 7 16 15 85 30 6.9
y-on-y % change -65.1 -81.3 73.7 160.0 -50.0 45.5 -44.4 431.3 328.6
Industrial
Residents number 257 241 272 218 65 69 85 85 48 1.0
y-on-y % change -23.1 -6.2 12.9 7.4 22.6 -26.6 14.9 32.8 -26.2
Non-residents number 24 7 19 17 2 5 6 8 3 0.7
y-on-y % change -22.6 -70.8 171.4 21.4 100.0 400.0 200.0 -20.0 50.0
B. Value of units transacted Total
Residents MOP million 21 359.8 22 195.1 43 772.8 50 469.0 9 145.8 13 147.2 14 294.4 27 801.0 8 373.5 100.0
y-on-y % change -6.9 3.9 97.2 64.8 25.0 42.6 80.9 104.7 -8.4
Non-residents MOP million 13 665.0 4 103.6 12 980.9 15 670.9 1 421.4 6 219.9 3 375.8 11 052.3 1 242.8 100.0
y-on-y % change -47.7 -70.0 216.3 131.8 -14.4 343.1 58.9 243.7 -12.6
Residential
Residents MOP million 17 375.3 17 738.3 34 611.6 39 041.8 7 033.9 10 153.8 10 731.4 23 226.7 5 083.7 60.7
y-on-y % change -3.5 2.1 95.1 59.6 15.0 34.8 70.5 108.7 -27.7
Non-residents MOP million 12 403.1 3 779.2 11 327.7 13 550.8 1 183.7 5 845.8 2 681.8 10 034.2 834.9 67.2
y-on-y % change -48.4 -69.5 199.7 147.2 -23.1 350.4 62.8 278.5 -29.5
Commercial
Residents MOP million 1 619.3 2 368.2 4 640.0 6 446.4 1 298.8 1 550.7 2 147.4 2 730.2 1 568.8 18.7
y-on-y % change -15.1 46.2 95.9 108.7 # # 150.1 193.0 20.8
Non-residents MOP million 454.9 178.3 624.2 1 287.3 84.3 203.5 541.5 498.9 246.9 19.9
y-on-y % change -26.3 -60.8 250.1 206.1 # # 265.0 165.4 193.1
Office
Residents MOP million 630.7 394.4 1 228.9 # 119.5 136.2 # # # #
y-on-y % change -44.5 -37.5 211.6 # # -9.4 # # #
Non-residents MOP million 328.5 35.5 86.8 # 10.2 21.4 # # # #
y-on-y % change -56.4 -89.2 144.2 # # 62.4 # # #
Industrial
Residents MOP million 305.2 717.0 388.2 746.4 # # 219.0 # # #
y-on-y % change -35.1 134.9 -45.9 150.8 # # # # #
Non-residents MOP million 28.9 9.6 34.1 # # # 11.5 # # #
y-on-y % change -35.2 -66.6 253.8 # # # # # #
Note:1. The above information covers building units with Stamp Duty paid in the reference period, while data of the Financial Services Bureau refers to residential units with application for payment of Stamp Duty made in the reference period; hence, direct comparison of data is inappropriate.
2. Including residential units exempt from payment of Stamp Duty.
2008 2009 2010
VI. CONSTRUCTION AND REAL ESTATE
6. AVERAGE PRICE PER SQUARE METRE OF RESIDENTIAL UNITS AND OFFICES PURCHASED AND SOLD PER STAMP DUTY RECORD
2010 2010 2011 2011 2011
Q3 Q4 Q1 Q2 Q3
Residential units
Total of Macao MOP 23 316 23 235 31 016 30 347 33 397 38 261 44 269 36 345
Macao peninsula MOP 21 815 22 803 28 340 29 517 29 664 37 159 42 296 35 416
Taipa MOP 27 904 24 681 33 278 29 583 39 876 33 402 42 457 38 162
Coloane MOP 20 527 18 360 60 769 64 087 64 398 67 484 70 098 61 893
Office units MOP 21 314 21 650 22 857 23 374 27 078 27 700 36 618 34 011
Note:1. The above information covers building units with Stamp Duty paid in the reference period, while data of the Financial Services Bureau refers to residential units with application for payment of Stamp Duty made in the reference period; hence, direct comparison of data is inappropriate.
2. Including residential units exempt from payment of Stamp Duty.
7. PUBLIC WORKS
2011p 2010p 2010p 2011p 2011p 2011p Structure
Q1 to Q3 Q3 Q4 Q1 Q2 Q3 (%)
Total expenditure on MOP million 2 419.7 3 021.2 4 274.9 1 644.1 1 430.6 2 257.8 36.8 305.4 1 301.9 100.0
public works y-on-y % change -17.7 24.9 41.5 -9.6 90.5 40.0 42.2 -15.6 -9.0
Residential buildings MOP million 589.2 598.2 625.0 423.5 136.1 377.6 22.4 79.1 322.0 24.7
y-on-y % change 682.5 1.5 4.5 71.6 -44.2 11.0 .. -28.5 136.6
Non-residential MOP million 1 099.2 1 458.1 1 532.5 528.9 331.4 1 061.2 11.5 64.2 453.2 34.8
buildings y-on-y % change -5.8 32.6 5.1 22.5 -1.1 49.8 -52.2 -15.7 36.7
Roads and bridges MOP million 73.4 275.5 175.8 135.2 40.4 102.0 2.1 17.4 115.6 8.9
y-on-y % change -79.5 275.1 -36.2 112.1 -6.6 -23.3 834.8 -24.6 186.2
Ports MOP million 73.2 313.0 220.7 30.6 108.4 17.1 0.8 6.9 22.9 1.8
y-on-y % change -73.8 327.7 -29.5 -85.0 1.5 -89.6 169.5 -92.7 -78.8
Other constructions MOP million 584.7 376.4 1 721.0 526.0 814.3 700.0 - 137.7 388.3 29.8 y-on-y % change -44.8 -35.6 357.2 -39.7 3 580.8 162.7 -100.0 141.5 -52.3 Note: Quarterly figures only include Non-autonomous services and Administrative autonomous services, whereas annual figures include all government departments except the Macao Post (Direcção dos Serviços de Correios), the Macao Postal Savings (Caixa Económica Postal), the Pension Fund (Fundo de Pensões), the Monetary Authority of Macao
(Autoridade Monetária de Macau), the Automobile and Maritime Security Fund (Fundo de Garantia Automóvel e Marítimo) and the Macao Foundation (Fundação Macau).
Quarterly figures of public expenditure were based on "cheques issued" while the annual amount refers to the expenses paid.
2010
2010p 2008 2009
2009 2008