Macau Investment 2H/2024

REVIEWING THE IMPACT OF CANCELLATION OF PROPERTY MARKET COOLING MEASURES

As of October 2024, the accumulated number of transactions of residential properties stood at 2,568 deals, marking a 2% increase YoY. For average unit price, the accumulated average in 2024 over same period was MOP8,193 per sq ft, indicating a 4.4% drop YoY. The residential market performance remains sluggish due to the soft market conditions and pessimistic forecasts, following what is being observed in both China and Hong Kong.