2004: Offices, retail and flatted factories
The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 2004, with charts, monthly records and year-end comparisons.
Reading this year
December 2004 retail prices: 141.8, a +44.4% 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 2003 | December 2004 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Office prices | 69.5 | 115.5 | +66.2% | 12/12 |
| Retail prices | 98.2 | 141.8 | +44.4% | 12/12 |
| Flatted factory prices | 75.6 | 103.8 | +37.3% | 12/12 |
| Office rents | 73.6 | 83.3 | +13.2% | 12/12 |
| Retail rents | 87.8 | 97.0 | +10.5% | 12/12 |
| Flatted factory rents | 74.9 | 80.7 | +7.7% | 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 2004 | 82.5 | 101.6 | 77.2 | 74.5 | 87.9 | 77.5 |
| February 2004 | 87.1 | 111.3 | 80.9 | 73.4 | 89.8 | 74.0 |
| March 2004 | 96.3 | 115.1 | 83.1 | 75.1 | 89.1 | 75.5 |
| April 2004 | 95.3 | 115.7 | 83.4 | 76.3 | 91.5 | 78.5 |
| May 2004 | 98.1 | 116.3 | 82.4 | 76.3 | 92.4 | 75.7 |
| June 2004 | 98.1 | 113.7 | 84.7 | 77.9 | 92.1 | 76.3 |
| July 2004 | 95.9 | 116.0 | 86.8 | 76.6 | 93.2 | 77.1 |
| August 2004 | 96.8 | 115.4 | 90.7 | 80.2 | 93.9 | 77.3 |
| September 2004 | 105.5 | 124.4 | 94.5 | 80.3 | 96.1 | 78.0 |
| October 2004 | 108.3 | 127.0 | 95.4 | 80.8 | 95.7 | 78.7 |
| November 2004 | 112.1 | 133.8 | 99.9 | 82.2 | 95.3 | 78.5 |
| December 2004 | 115.5 | 141.8 | 103.8 | 83.3 | 97.0 | 80.7 |
Continue your research
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.