2022: Offices, retail and flatted factories

The Rating and Valuation Department's monthly price and rental indices for offices, retail and flatted factories for 2022, with charts, monthly records and year-end comparisons.

Reading this year

December 2022 retail prices: 498.0, a -10.4% 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

400.0600.0800.01,000.020212022
Dec 2022Office prices476.9Retail prices498.0Flatted factory prices837.2

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

Rental index trend

160.0180.0200.0220.0240.020212022
Dec 2022Office rents228.2Retail rents167.2Flatted factory rents213.4

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 2021December 2022December year-on-year changeMonths available in year
Office prices491.0476.9-2.9%11/12
Retail prices555.8498.0-10.4%12/12
Flatted factory prices894.4837.2-6.4%12/12
Office rents235.6228.2-3.1%12/12
Retail rents175.1167.2-4.5%12/12
Flatted factory rents214.1213.4-0.3%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 2022499.7555.5911.1231.1171.3210.3
February 2022517.0 few transactions542.6894.9232.8172.1212.0
March 2022—530.5879.6230.9166.8209.4
April 2022504.8518.0876.6229.2163.1206.2
May 2022497.4526.9898.2228.4165.5208.4
June 2022498.1532.5901.2229.8167.0211.9
July 2022500.4520.9892.3230.5167.4212.8
August 2022492.7517.9889.9231.7164.9214.9
September 2022505.6 few transactions513.9870.8229.8165.5215.5
October 2022485.6513.4859.7228.7166.3215.4
November 2022474.9 few transactions506.2852.0228.7167.3212.8
December 2022476.9498.0837.2228.2167.2213.4

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.