RESIDENTIAL MARKET DYNAMICS WITH RISING SALES BUT DECLINING PRICES

As of April 2025, a total of 965 residential property transactions have been recorded, representing a 19.6% YoY increase. However, the weighted average unit price during the same period was MOP6,892 per sq ft (net area), reflecting a 13.9% decrease compared to last year. This data may suggest a trend that, while transaction volumes are rising, property prices are declining. Notably, a significant drop in prices occurred in the early months of 2025, coinciding with higher transaction activity. This pattern may indicate that the current price levels have become more attractive and acceptable to a broader range of potential buyers.

The performance of the rental market in Q1/2025, was positive, registering an average monthly rental rate of MOP12.86 per sq ft (net area), a 4.4% YoY increase. This suggests that demand for residential properties remains strong, resulting in higher rental yields compared to previous periods.