2003: Offices, retail and flatted factories
The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 2003, with charts, monthly records and year-end comparisons.
Reading this year
December 2003 retail prices: 98.2, a +20.8% 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 2002 | December 2003 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Office prices | 63.5 | 69.5 | +9.4% | 12/12 |
| Retail prices | 81.3 | 98.2 | +20.8% | 12/12 |
| Flatted factory prices | 72.9 | 75.6 | +3.7% | 12/12 |
| Office rents | 82.1 | 73.6 | -10.4% | 12/12 |
| Retail rents | 91.6 | 87.8 | -4.1% | 12/12 |
| Flatted factory rents | 80.6 | 74.9 | -7.1% | 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 2003 | 62.5 | 82.6 | 72.7 | 81.5 | 90.1 | 81.1 |
| February 2003 | 61.9 | 80.9 | 72.4 | 79.2 | 89.2 | 80.4 |
| March 2003 | 61.8 | 79.6 | 72.3 | 77.5 | 87.9 | 76.8 |
| April 2003 | 61.0 | 80.0 | 69.7 | 75.9 | 84.4 | 76.9 |
| May 2003 | 56.9 | 82.6 | 70.5 | 74.4 | 84.0 | 72.5 |
| June 2003 | 59.1 | 82.0 | 69.7 | 72.7 | 83.9 | 71.9 |
| July 2003 | 59.9 | 79.4 | 68.9 | 71.6 | 84.4 | 71.9 |
| August 2003 | 61.5 | 85.4 | 71.9 | 71.8 | 84.5 | 72.0 |
| September 2003 | 63.3 | 87.4 | 71.3 | 71.6 | 85.8 | 72.8 |
| October 2003 | 64.6 | 92.9 | 71.9 | 72.6 | 87.0 | 73.6 |
| November 2003 | 68.5 | 94.7 | 73.7 | 73.1 | 87.4 | 74.5 |
| December 2003 | 69.5 | 98.2 | 75.6 | 73.6 | 87.8 | 74.9 |
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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.