1999: Offices, retail and flatted factories

The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 1999, with charts, monthly records and year-end comparisons.

Reading this year

December 1999 retail prices: 95.5, a -7% 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

90.095.0100.0105.0110.019981999
Dec 1999Office prices95.5Retail prices95.5Flatted factory prices96.8

Where available, the previous December is shown as a starting reference. Missing values are not treated as zero or estimated.

Rental index trend

95.0100.0105.0110.0115.019981999
Dec 1999Office rents97.4Retail rents101.6Flatted factory rents97.8

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

SeriesDecember 1998December 1999December year-on-year changeMonths available in year
Office prices106.695.5-10.4%12/12
Retail prices102.795.5-7%12/12
Flatted factory prices109.596.8-11.6%12/12
Office rents113.097.4-13.8%12/12
Retail rents104.2101.6-2.5%12/12
Flatted factory rents110.697.8-11.6%12/12

Changes appear only when both December values exist. Provisional or low-transaction markers are retained with the values.

Monthly published records

MonthOffice pricesRetail pricesFlatted factory pricesOffice rentsRetail rentsFlatted factory rents
January 1999101.9104.0110.0109.399.9106.4
February 1999100.297.9107.4107.7100.5104.3
March 1999102.4100.8104.4104.1100.8102.6
April 1999101.6100.998.3100.499.6100.8
May 1999101.7101.997.799.299.2100.3
June 1999101.4103.2101.498.799.099.1
July 1999102.3102.598.998.098.999.1
August 199999.6100.498.696.598.396.3
September 199997.499.597.295.799.996.4
October 1999100.297.793.896.7101.198.1
November 199995.995.395.496.5101.498.9
December 199995.595.596.897.4101.697.8

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.