Average Price of Sought-After Residences in Macau

Complex

Average Price / sq. ft. (Aug. ’08)

Average Price / sq. ft. (Sept. ’08)

Difference (%)

One Central Macau

6,608

5,773

-12.64

Le Royal Arc

4,600

4,600

0.00

Golden Bay Garden

2,800

2,624

-6.29

The Praia

2,884

2,880

-0.14

La Baie Du Noble

2,864

2,860

-0.14

Villa de Mer

3,555

3,300

-7.17

Hoi Pan Garden

1,614

1,485

-7.99

Kam Hoi San Garden

1,614

1,656

+2.60

La Cite

2,642

2,634

-0.30

Polytec Garden

2,458

2,658

+8.14

Average Price of Sought-After Residences in Taipa

Complex

Average Price / sq. ft. (Aug. ’08)

Average Price / sq. ft. (Sept. ’08)

Difference (%)

Taipa – One Grantai

5,269

4,800

-8.90

Nova City

2,726

2,713

-0.48

The Manhattan

4,100

4,100

0.00

Prince Flower City

3,062

2,973

-2.91

Chun U Villa

3,500

2,900

-17.14

Treasure Garden

2,497

2,480

-0.68

Nova Taipa Garden

2,167

2,373

+9.51

Supreme Flower Garden

3,350

3,300

-1.49

Kingsville

3,550

3,400

-4.23

Super Flower City

2,490

2,450

-1.61

Flower City-Edf. Peonia

1,892

1,545

-18.34

Jardim De Wa Bao

2,239

2,033

-9.20

Jardim Dragao Preaioso

1,906

1,800

-5.56

Kinglight Garden

1,777

1,680

-5.46

**prices in Hong Kong dollars

Price Comparison of Selected Macau Residences: 2007 vs. 2008

Property

Prices per sq. ft. (late 2007)

Prices per sq. ft. (current)

Change

One Grantai

MOP$8,000

MOP$4,000-5,500

-50%

One Central

MOP$8,000-8,500

MOP$4,000-5,000

-50%

Le Royal Arc

MOP$6,000-6,500

MOP$3,500-4,500

-41.7%

Nova City

MOP$3,000-3,500

MOP$1,900-2,500

-36.7%

La Cité

MOP$3,400-3,500

MOP$1,800-2,300

-40%

Statistics by vproperty.mo (computed and recorded per transaction by Centaline (Macau) for reference only)