1996: Offices, retail and flatted factories
The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 1996, with charts, monthly records and year-end comparisons.
Reading this year
December 1996 retail prices: 144.5, a +14.8% change from the previous December.
This report shows indices, not property prices or monthly rent amounts. Relative movements can be compared between categories; an index is not a flat's sale price.
Price index trend
Where available, the previous December is shown as a starting reference. Missing values are not treated as zero or estimated.
Rental index trend
Where available, the previous December is shown as a starting reference. Missing values are not treated as zero or estimated.
Year-end values and coverage
| Series | December 1995 | December 1996 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Office prices | 183.8 | 217.2 | +18.2% | 12/12 |
| Retail prices | 125.9 | 144.5 | +14.8% | 12/12 |
| Flatted factory prices | 180.0 | 168.2 | -6.6% | 12/12 |
| Office rents | 164.8 | 151.4 | -8.1% | 12/12 |
| Retail rents | 119.2 | 121.8 | +2.2% | 12/12 |
| Flatted factory rents | 139.7 | 131.4 | -5.9% | 12/12 |
Changes appear only when both December values exist. Provisional or low-transaction markers are retained with the values.
Monthly published records
| Month | Office prices | Retail prices | Flatted factory prices | Office rents | Retail rents | Flatted factory rents |
|---|---|---|---|---|---|---|
| January 1996 | 189.2 | 134.8 | 174.8 | 156.9 | 115.4 | 137.7 |
| February 1996 | 183.5 | 135.0 | 179.2 | 156.1 | 117.1 | 136.6 |
| March 1996 | 191.9 | 127.5 | 183.6 | 155.9 | 115.2 | 137.6 |
| April 1996 | 183.6 | 126.4 | 171.0 | 150.3 | 112.6 | 133.4 |
| May 1996 | 195.0 | 136.7 | 171.0 | 149.8 | 116.4 | 131.2 |
| June 1996 | 187.5 | 134.4 | 176.3 | 152.4 | 115.4 | 133.9 |
| July 1996 | 178.4 | 130.3 | 168.4 | 149.3 | 118.5 | 128.7 |
| August 1996 | 177.6 | 129.0 | 165.7 | 150.7 | 119.2 | 128.5 |
| September 1996 | 183.8 | 138.5 | 163.0 | 151.2 | 119.2 | 129.3 |
| October 1996 | 177.6 | 132.5 | 169.4 | 150.2 | 121.2 | 129.3 |
| November 1996 | 195.2 | 138.7 | 166.5 | 152.8 | 121.9 | 131.6 |
| December 1996 | 217.2 | 144.5 | 168.2 | 151.4 | 121.8 | 131.4 |
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Source: Rating and Valuation Department Property Market Statistics, obtained through DATA.GOV.HK. The Government owns the intellectual property rights in the data; this page is not endorsed by the Government.