2008: Offices, retail and flatted factories
The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 2008, with charts, monthly records and year-end comparisons.
Reading this year
December 2008 retail prices: 170.2, a -9.9% 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
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 2007 | December 2008 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Office prices | 199.0 | 165.4 | -16.9% | 12/12 |
| Retail prices | 188.8 | 170.2 | -9.9% | 12/12 |
| Flatted factory prices | 226.8 | 206.0 | -9.2% | 12/12 |
| Office rents | 140.6 | 153.5 | +9.2% | 12/12 |
| Retail rents | 116.4 | 111.6 | -4.1% | 12/12 |
| Flatted factory rents | 105.9 | 102.3 | -3.4% | 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 2008 | 203.3 | 193.5 | 232.7 | 142.8 | 116.6 | 107.2 |
| February 2008 | 207.6 | 197.2 | 237.1 | 146.0 | 116.8 | 108.1 |
| March 2008 | 208.4 | 200.8 | 239.7 | 149.4 | 116.9 | 110.9 |
| April 2008 | 208.5 | 202.9 | 241.6 | 153.2 | 117.2 | 110.9 |
| May 2008 | 211.5 | 203.8 | 245.3 | 158.8 | 116.9 | 113.5 |
| June 2008 | 211.3 | 205.9 | 246.2 | 158.8 | 117.5 | 111.3 |
| July 2008 | 205.6 | 200.7 | 252.9 | 160.3 | 117.8 | 111.7 |
| August 2008 | 200.0 | 195.6 | 243.2 | 161.8 | 116.5 | 110.9 |
| September 2008 | 207.4 | 185.5 | 237.9 | 161.7 | 116.3 | 109.8 |
| October 2008 | 186.0 | 178.4 | 228.6 | 161.5 | 116.0 | 109.3 |
| November 2008 | 173.5 | 172.4 | 219.0 | 158.1 | 114.8 | 105.6 |
| December 2008 | 165.4 | 170.2 | 206.0 | 153.5 | 111.6 | 102.3 |
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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.