THE MACAU METRO MONITOR

MACAU’S REAL ESTATE SECTOR REBOUNDS IN 2ND QUARTER macaunews.com.mo

The real estate sector in Macau has rebounded in the second quarter; real-estate transactions rose 123% quarter-over-quarter to 3,713, according to the Statistics and Census Service.  The 3,713 building units involved had an officially declared value of MOP4.57 billion, up 115% quarter-over-quarter. 

An annual comparison is less positive; the number of property transactions in the second quarter was down 53.2% when compared to the same period in 2008, with the total value of the properties down 60.8%.