PRIVATE SECTOR CONSTRUCTION ANDREAL ESTATE TRANSACTIONS

(1)

Transaction of residential units

Number Value (MOP million)

Alameda Dr. Carlos d' Assumpção No. 411-417, Dynasty Plaza, 17^th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail: [email protected] Official Statistics. Reproduction of these data is allowed provided the source is quoted.

www.dsec.gov.mo

100 - 149.9 m² 101 264 100 470 95 898

≧ 150 m² 104 877 119 402 98 493

2019.08

< 50 m² 125 797 124 222 127 565

50 - 99.9 m² 101 810 96 018 103 397

Average price of residential units by usable area

MOP/m² Total Macao Peninsula Taipa NAPE & Aterros da Baía da

Praia Grande 111 403 111 403 ~

Cidade & Hipódromo da Taipa 117 755 86 272 123 001

Doca do Lamau 111 723 110 404 137 416

Fai Chi Kei 119 410 104 711 140 958

Móng Há & Reservatório 118 886 92 646 156 766

Industrial 55 488 51 640 7.5

NATAP 146 481 146 481 ~

Coloane 128 871 68 501 131 981

Average price of residential units in selected districts

MOP/m² All

residential units

Existing residential units

Pre-sale residential units

Taipa 101 515 105 065 -3.4

Coloane 128 871 126 822 1.6

Office 102 390 101 990 0.4

Current quarter

Previous quarter

Quarter-to- quarter (%)

Residential 110 263 102 576 7.5

Macao Peninsula 109 987 98 693 11.4

PRIVATE SECTOR CONSTRUCTION AND REAL ESTATE TRANSACTIONS

Government of Macao Special Administrative Region

Statistics and Census Service

2

^ND

QUARTER 2019

MOP/m²

Average price of building units Average price of residential units

統計暨普查局

All residential units Existing residential units

Pre-sale residential units

• The average price per square metre of usable area of existing residential units grew by 9.7% quarter-to-quarter, on account of an increase of 13.7 percentage points in the proportion of higher-priced new residential buildings built within 5 years (27.8%). Meanwhile, the average price of pre-sale residential units rose by 3.2% quarter-to- quarter.

• Analysed by statistical district, the residential units in NATAP had the highest average price per square metre (MOP146,481), followed by those in Coloane (MOP128,871).

Pre-sale units 11-20 years

≤ 5 years 6-10 years

21-30 years > 30 years

 A total of 3,593 building units and parking spaces were purchased and sold at MOP20.05 billion in the second quarter, up by 94.2% and 90.1% respectively quarter-to-quarter.

 Purchase and sale of residential units increased by 1,346 quarter-to-quarter to 2,725 units, and the total transaction value surged by 103.2% to MOP16.90 billion.

Number of existing residential units transacted went up by 1,171 to 2,357, amounting to MOP13.76 billion, up by 113.8%. Moreover, transaction volume of pre- sale residential units expanded by 175 to 368 units, and the transaction value grew by 67.0% to MOP3.14 billion.

 The overall average price per square metre of usable area of residential units increased by 7.5% quarter-to-quarter; the average prices of those in the Macao Peninsula and Coloane rose by 11.4% and 1.6% respectively, while the average price of those in Taipa fell by 3.4%.

 The average prices per square metre of industrial units and office units rose by 7.5% and 0.4% respectively quarter-to-quarter.

107 571 102 576 110 263

98 134 96 235

105 575 153 044

131 768

136 022

40 000 60 000 80 000 100 000 120 000 140 000 160 000

Q2

2017 Q4 Q2

2018 Q4 Q2

2019 MOP/m²

368

656

114 212 975

400 3 139

4 680

1 219 1 758 4 826

1 279

(2)

- - - - - - - -

Sources of data: Financial Services Bureau; Land, Public Works & Transport Bureau;

2︱Private Sector Construction and Real Estate Transactions

For additional information:

Notary Office and Private Notary Offices http://www.dsec.gov.mo/e/private_construction.aspx

2

^nd

Quarter 2019

Number of residential units issued with the licence of use 1 572 858 51 2 885 1 004

Symbols: ~ No figure provided - Absolute value equals zero

Average price (MOP/m²) 111 542 95 345 78 532 104 263 107 571

Value of units purchased and sold (Million MOP) 17 617 11 742 15 283 25 640 19 257

2017 2018

Number of units purchased and sold 2 462 1 864 2 981 3 562 3 056

2014 2015 2016

Taipa 1 568 1 248 -

Coloane 1 215 2 948 -

Second quarter data on residential units of past years

a) Construction projects with land concession invalidated and the land reclaimed by the government were excluded from the calculation in the first quarter of 2019 by the Land, Public Works and Transport Bureau, while projects with no updated plan within five years were also removed in the second quarter.

Total 8 176 7 377 302

Macao Peninsula 5 393 3 181 302

Residential and parking space 77 88 -11

Private residential units as at end of current quarter by stage of construction

Design stage ^a)

Under construction (not yet inspected)

Completed (under inspection)

Parking space 268 191 77

Parking space 500 368 132

Real estate mortgage 5 005 3 085 1 920

Real estate purchased and sold 2 725 1 886 839

Residential 2 004 1 366 638

Residential 2 209 1 606 603

513

Industrial 9 568 5 462 5 462 - -

2 164

Office - - - - -

3 970 10 381 5 070

Gross floor area (m²)

2

Parking space for car 18 327 964 31 7

Others 5 58 7 65

Parking space 622 769 957 1 294

Parking space for

motorcycle 9 102 199 8

7 16

Shop

1 1 1 - -

Industrial

43 69

Building units (No.)

Industrial 23 374 48 699

Office 74 557 95 717 Office - - - - -

Request for inspection

Licence of use issued

Total 3 593 20 053 5 443 30 603

Purchase and sale of building units and parking spaces Overview of private sector construction projects Request

for approval

Approvals Value

(million MOP) Number Value (million MOP) Current quarter First half year Number

Construction permit issued

Residential 5 102 96

Shop 144 1 391 232 2 610

Residential 2 725 16 902 4 104 25 218

3 12 15

Properties involved in real estate transaction and mortgage contracts

Residential 288 18 074

"Completion of buildings" prior to the second quarter of 2017.

Design stage: Projects of which the draft construction plan was submitted but construction works have not yet started.

Under construction (not yet inspected): Projects that were issued the construction permit but an application for building inspection has not yet been made.

Completed (under inspection): Projects for which an application for building inspection was made or the inspection was done, but the licence of use has not yet been issued.

Glossary:

Request for approval: Projects of which the draft construction plan was submitted for approval during the reference period.

Approvals: Projects that were issued the project licence for construction, expansion and superstructure works during the reference period.

Construction permit issued: Projects that were issued the construction permit to start construction, expansion and superstructure works during the reference period. It was referred to as "Construction of new buildings" prior to the second quarter of 2017.

Request for inspection: Projects for which an application for building inspection was made during the reference period.

Licence of use issued: Projects that were issued the licence of use (also known as occupation permit) during the reference period. It was referred to as Current

quarter

Previous quarter

Quarter-to- quarter difference

Shop 1 911 1 633 2 205

• As at the end of the second quarter, there were 8,176 residential units in the design stage^a)and 7,377 under construction; residential units under inspection totalled 302 (all of them were located in the Macao Peninsula), of which 112 were two-bedroom units and 105 were studio flats.

• During the quarter, 96 residential units were issued the construction permit (83 units were located in the Macao Peninsula), and 62 of them were studio flats. Meanwhile, 69 residential units were issued the licence of use (50 units were situated in the Macao Peninsula), of which 45 were studio flats.