THE M3: HOME PRICES UP IN MACAU

02/03/10 07:18AM EST

The Macau Metro Monitor.  February 3rd, 2010.

 

HOME PRICES GOING UP macaubusiness.com

According to a Savillis report published January 27th, home prices are projected to rise as much as 15% in Macau in 2010. In 3Q09, the average transaction price of residential units rose by 27.6% q-o-q to MOP24,154 per square meter of usable area in Macau and by 35.8% to MOP24,158 psm on the peninsula.  Prices rose by 29.6% in NAPE to MOP51,296 psm and by 6.8% in Taipa to MOP23,897 psm.

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