2019: Offices, retail and flatted factories

The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 2019, with charts, monthly records and year-end comparisons.

Reading this year

December 2019 retail prices: 511.3, a -13.6% 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

400.0600.0800.01,000.020182019
Dec 2019Office prices517.6Retail prices511.3Flatted factory prices841.2

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

Rental index trend

150.0200.0250.0300.020182019
Dec 2019Office rents256.7Retail rents181.8Flatted factory rents206.2

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 2018December 2019December year-on-year changeMonths available in year
Office prices569.5517.6-9.1%12/12
Retail prices591.5511.3-13.6%12/12
Flatted factory prices905.1841.2-7.1%12/12
Office rents256.3256.7+0.2%12/12
Retail rents188.9181.8-3.8%12/12
Flatted factory rents205.1206.2+0.5%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 2019540.7578.0887.9253.4188.0203.4
February 2019529.8575.2880.8260.6191.7207.7
March 2019547.5565.1898.5264.0188.1208.9
April 2019559.8575.7924.0261.7187.8209.8
May 2019561.2582.2929.8263.7190.0210.8
June 2019565.2562.6931.3265.1189.3212.4
July 2019564.6564.8909.4264.5190.8212.2
August 2019537.5545.5870.0263.3189.4214.2
September 2019557.2521.9890.8263.8186.8211.8
October 2019508.7 few transactions505.1856.3262.6183.1210.8
November 2019525.9508.6834.8256.9179.7207.7
December 2019517.6511.3841.2256.7181.8206.2

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.