Statistics released by the Monetary Authority of Macau indicate that in April 2026, the volume of newly approved residential mortgage loans and commercial property loans both increased compared to the previous month.

However, the total outstanding amounts for both residential mortgage loans and commercial property loans registered month-on-month declines.

Regarding new loan approvals, Macau banks approved MOP 1.15 billion in new residential mortgage loans during April 2026, representing a 5.2% increase from March.

Within this total, the resident component, which accounted for 99.1% of the new approvals, rose by 4.6% to MOP 1.14 billion, while the non-resident portion increased to MOP 110 million.

The monthly average for newly approved residential mortgage loans from February to April 2026 was MOP 970 million, which is 13.1% lower than the average for the previous period from January to March.

Newly approved commercial property loans surged by 332.0% month-on-month to MOP 1.62 billion in April, rebounding from a low base in the prior month.

The resident segment, constituting 99.4% of these new commercial approvals, jumped by 446.2% to MOP 1.61 billion, whereas the non-resident portion decreased to MOP 100 million.

The monthly average for new commercial property loan approvals from February to April was MOP 830 million, marking a 74.4% increase compared to the January-March period.

Total Outstanding Mortgage Balances

As of the end of April 2026, the total outstanding balance of residential mortgage loans stood at MOP 203.35 billion, a slight decrease of 0.3% from the end of March and a 5.1% reduction year-on-year.

Resident loans made up 96.8% of this total.

Both the resident and non-resident segments of outstanding residential mortgages saw declines of 0.3% and 1.5%, respectively, from the previous month.

The total outstanding balance for commercial property loans was MOP 133.05 billion, down 1.2% month-on-month and 10.1% lower year-on-year.

Resident loans accounted for 91.3% of this total.

Outstanding commercial property loans for residents and non-residents fell by 1.3% and 0.4%, respectively, compared to March.

Delinquency Ratios

The delinquency ratio for residential mortgage loans edged up slightly to 3.6% at the end of April compared to March, while remaining stable year-on-year.

The delinquency ratio for commercial property loans was 5.6%, rising by 0.4 percentage points from March and by 0.1 percentage points from April 2025.