2002: Offices, retail and flatted factories

The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 2002, with charts, monthly records and year-end comparisons.

Reading this year

December 2002 retail prices: 81.3, a -3.9% 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

60.070.080.090.020012002
Dec 2002Office prices63.5Retail prices81.3Flatted factory prices72.9

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

Rental index trend

80.085.090.095.0100.020012002
Dec 2002Office rents82.1Retail rents91.6Flatted factory rents80.6

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 2001December 2002December year-on-year changeMonths available in year
Office prices71.363.5-10.9%12/12
Retail prices84.681.3-3.9%12/12
Flatted factory prices76.572.9-4.7%12/12
Office rents93.982.1-12.6%12/12
Retail rents96.391.6-4.9%12/12
Flatted factory rents86.980.6-7.2%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 200270.685.075.792.095.286.3
February 200271.884.775.189.593.685.2
March 200271.383.575.387.493.384.9
April 200269.485.375.585.993.084.6
May 200268.786.777.085.392.683.1
June 200268.287.778.185.192.381.2
July 200269.287.177.184.592.981.0
August 200268.786.973.483.792.480.8
September 200267.884.272.683.793.081.5
October 200266.784.172.183.392.581.6
November 200264.683.772.982.792.381.3
December 200263.581.372.982.191.680.6

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.