2021: Offices, retail and flatted factories

The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 2021, with charts, monthly records and year-end comparisons.

Reading this year

December 2021 retail prices: 555.8, a +6.6% 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

400.0600.0800.01,000.020202021
Dec 2021Office prices491.0Retail prices555.8Flatted factory prices894.4

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

Rental index trend

160.0180.0200.0220.0240.020202021
Dec 2021Office rents235.6Retail rents175.1Flatted factory rents214.1

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 2020December 2021December year-on-year changeMonths available in year
Office prices504.9491.0-2.8%12/12
Retail prices521.3555.8+6.6%12/12
Flatted factory prices820.8894.4+9%12/12
Office rents233.7235.6+0.8%12/12
Retail rents172.4175.1+1.6%12/12
Flatted factory rents202.9214.1+5.5%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 2021481.1516.4829.3231.5170.1199.9
February 2021508.8531.0860.3231.6168.8201.6
March 2021508.6532.6869.2235.1168.8201.5
April 2021505.2527.8861.4228.4167.8203.4
May 2021506.9542.3882.8234.5171.2208.2
June 2021503.6543.3891.2233.2173.7209.8
July 2021504.2561.3884.2234.5172.5211.1
August 2021506.3571.7892.1234.7172.2213.8
September 2021509.7555.0885.2233.5172.7212.3
October 2021515.7535.0890.8233.9174.3216.0
November 2021488.3548.5906.8233.9177.2213.3
December 2021491.0555.8894.4235.6175.1214.1

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.