(MENAFN) On Monday, May. 17 the special administrative region's (SAR) statistics service stated that Macao's whole average price of residential units per square meter of serviceable area dropped by 8.0 percent quarterly reaching 100,217 patacas (around USD12,527) in the first three months of this year.
An overall of 1,987 building units and parking areas were bought and sold in the January-March period of this year, and the whole value of transactions was about USD1,3 billion, a decrease by 16.1 percent and 22.4 percent each quarter to quarter, showed the most recent report from Macao's Statistics and Census Service.
The purchase and sale of residential units dropped by 320 quarterly 1,310 units and the whole value of transactions decreased by 26.5 percent hitting around USD1,05 billion.
The number of transacted existing residential units fell by 13.4 percent, reaching 1,179. The transaction value decreased by 16.1 percent, hitting about USD921 million.
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