1999: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 1999, with charts, monthly records and year-end comparisons.

Reading this year

A year-end change is not calculated for a first reporting year or without the matching December values. Monthly records remain as published.

Charts retain the published HKD per square metre; tables convert to per square foot. These are selected residential classes in Hong Kong Island, Kowloon and the New Territories, not valuations of individual homes.

Class B (40 to 69.9 m²) price trend (HKD/m²)

HK$30,000HK$35,000HK$40,000HK$45,000HK$50,000HK$55,0001999
Dec 1999Hong Kong Island Class B (40 to 69.9 m²) pricesHK$48,034Kowloon Class B (40 to 69.9 m²) pricesHK$36,934New Territories Class B (40 to 69.9 m²) pricesHK$32,523

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

Class B (40 to 69.9 m²) monthly rent trend (HKD/m²/month)

HK$100HK$150HK$200HK$2501999
Dec 1999Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$183Kowloon Class B (40 to 69.9 m²) monthly rentsHK$158New Territories Class B (40 to 69.9 m²) monthly rentsHK$121

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 1998December 1999December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) prices—HK$3,661 per sq ft—12/12
Hong Kong Island Class B (40 to 69.9 m²) prices—HK$4,463 per sq ft—12/12
Hong Kong Island Class C (70 to 99.9 m²) prices—HK$5,471 per sq ft—12/12
Hong Kong Island Class D (100 to 159.9 m²) prices—HK$6,066 per sq ft—12/12
Hong Kong Island Class E (160 m² or above) prices—HK$7,575 per sq ft—12/12
Kowloon Class A (under 40 m²) prices—HK$3,190 per sq ft—12/12
Kowloon Class B (40 to 69.9 m²) prices—HK$3,431 per sq ft—12/12
Kowloon Class C (70 to 99.9 m²) prices—HK$3,938 per sq ft—12/12
Kowloon Class D (100 to 159.9 m²) prices—HK$4,385 per sq ft—12/12
Kowloon Class E (160 m² or above) prices—HK$8,154 per sq ft few transactions—12/12
New Territories Class A (under 40 m²) prices—HK$3,105 per sq ft—12/12
New Territories Class B (40 to 69.9 m²) prices—HK$3,021 per sq ft—12/12
New Territories Class C (70 to 99.9 m²) prices—HK$3,780 per sq ft—12/12
New Territories Class D (100 to 159.9 m²) prices—HK$4,117 per sq ft—12/12
New Territories Class E (160 m² or above) prices—HK$4,449 per sq ft—12/12
Hong Kong Island Class A (under 40 m²) monthly rents—HK$17.0 per sq ft / month—12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rents—HK$17.0 per sq ft / month—12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rents—HK$23.3 per sq ft / month—12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rents—HK$25.7 per sq ft / month—12/12
Hong Kong Island Class E (160 m² or above) monthly rents—HK$29.6 per sq ft / month—12/12
Kowloon Class A (under 40 m²) monthly rents—HK$15.6 per sq ft / month—12/12
Kowloon Class B (40 to 69.9 m²) monthly rents—HK$14.7 per sq ft / month—12/12
Kowloon Class C (70 to 99.9 m²) monthly rents—HK$16.4 per sq ft / month—12/12
Kowloon Class D (100 to 159.9 m²) monthly rents—HK$14.7 per sq ft / month few transactions—12/12
Kowloon Class E (160 m² or above) monthly rents—HK$16.1 per sq ft / month few transactions—12/12
New Territories Class A (under 40 m²) monthly rents—HK$12.7 per sq ft / month—12/12
New Territories Class B (40 to 69.9 m²) monthly rents—HK$11.2 per sq ft / month—12/12
New Territories Class C (70 to 99.9 m²) monthly rents—HK$13.6 per sq ft / month—12/12
New Territories Class D (100 to 159.9 m²) monthly rents—HK$16.7 per sq ft / month—12/12
New Territories Class E (160 m² or above) monthly rents—HK$15.7 per sq ft / month—12/12

Changes appear only when both December values exist. Provisional or low-transaction markers are retained with the values.

Hong Kong Island:Class A and B monthly prices and rents

MonthHong Kong Island Class A (under 40 m²) pricesHong Kong Island Class B (40 to 69.9 m²) pricesHong Kong Island Class A (under 40 m²) monthly rentsHong Kong Island Class B (40 to 69.9 m²) monthly rents
January 1999HK$3,964 per sq ftHK$4,658 per sq ftHK$17.7 per sq ft / monthHK$18.5 per sq ft / month
February 1999HK$4,001 per sq ftHK$4,455 per sq ftHK$18.2 per sq ft / monthHK$19.0 per sq ft / month
March 1999HK$3,965 per sq ftHK$4,744 per sq ftHK$18.5 per sq ft / monthHK$18.3 per sq ft / month
April 1999HK$4,016 per sq ftHK$4,663 per sq ftHK$17.7 per sq ft / monthHK$18.6 per sq ft / month
May 1999HK$4,024 per sq ftHK$4,706 per sq ftHK$17.7 per sq ft / monthHK$17.5 per sq ft / month
June 1999HK$4,022 per sq ftHK$4,633 per sq ftHK$17.9 per sq ft / monthHK$18.3 per sq ft / month
July 1999HK$3,915 per sq ftHK$4,733 per sq ftHK$17.9 per sq ft / monthHK$18.6 per sq ft / month
August 1999HK$3,902 per sq ftHK$4,676 per sq ftHK$18.4 per sq ft / monthHK$18.6 per sq ft / month
September 1999HK$3,756 per sq ftHK$4,389 per sq ftHK$18.0 per sq ft / monthHK$18.9 per sq ft / month
October 1999HK$3,637 per sq ftHK$4,368 per sq ftHK$18.0 per sq ft / monthHK$18.2 per sq ft / month
November 1999HK$3,533 per sq ftHK$4,140 per sq ftHK$17.1 per sq ft / monthHK$17.6 per sq ft / month
December 1999HK$3,661 per sq ftHK$4,463 per sq ftHK$17.0 per sq ft / monthHK$17.0 per sq ft / month

Kowloon:Class A and B monthly prices and rents

MonthKowloon Class A (under 40 m²) pricesKowloon Class B (40 to 69.9 m²) pricesKowloon Class A (under 40 m²) monthly rentsKowloon Class B (40 to 69.9 m²) monthly rents
January 1999HK$3,423 per sq ftHK$3,525 per sq ftHK$15.9 per sq ft / monthHK$15.3 per sq ft / month
February 1999HK$3,329 per sq ftHK$3,570 per sq ftHK$16.1 per sq ft / monthHK$15.3 per sq ft / month
March 1999HK$3,412 per sq ftHK$3,554 per sq ftHK$15.8 per sq ft / monthHK$14.9 per sq ft / month
April 1999HK$3,395 per sq ftHK$3,665 per sq ftHK$15.9 per sq ft / monthHK$14.5 per sq ft / month
May 1999HK$3,386 per sq ftHK$3,525 per sq ftHK$16.3 per sq ft / monthHK$14.4 per sq ft / month
June 1999HK$3,368 per sq ftHK$3,506 per sq ftHK$16.4 per sq ft / monthHK$14.2 per sq ft / month
July 1999HK$3,288 per sq ftHK$3,455 per sq ftHK$16.4 per sq ft / monthHK$14.3 per sq ft / month
August 1999HK$3,210 per sq ftHK$3,376 per sq ftHK$16.0 per sq ft / monthHK$14.4 per sq ft / month
September 1999HK$3,064 per sq ftHK$3,180 per sq ftHK$16.4 per sq ft / monthHK$14.5 per sq ft / month
October 1999HK$3,178 per sq ftHK$3,211 per sq ftHK$16.4 per sq ft / monthHK$14.8 per sq ft / month
November 1999HK$3,080 per sq ftHK$3,239 per sq ftHK$16.4 per sq ft / monthHK$14.2 per sq ft / month
December 1999HK$3,190 per sq ftHK$3,431 per sq ftHK$15.6 per sq ft / monthHK$14.7 per sq ft / month

New Territories:Class A and B monthly prices and rents

MonthNew Territories Class A (under 40 m²) pricesNew Territories Class B (40 to 69.9 m²) pricesNew Territories Class A (under 40 m²) monthly rentsNew Territories Class B (40 to 69.9 m²) monthly rents
January 1999HK$3,408 per sq ftHK$3,326 per sq ftHK$12.4 per sq ft / monthHK$11.0 per sq ft / month
February 1999HK$3,419 per sq ftHK$3,262 per sq ftHK$12.4 per sq ft / monthHK$10.6 per sq ft / month
March 1999HK$3,437 per sq ftHK$3,340 per sq ftHK$12.4 per sq ft / monthHK$10.9 per sq ft / month
April 1999HK$3,390 per sq ftHK$3,351 per sq ftHK$12.5 per sq ft / monthHK$10.8 per sq ft / month
May 1999HK$3,534 per sq ftHK$3,415 per sq ftHK$11.8 per sq ft / monthHK$10.5 per sq ft / month
June 1999HK$3,411 per sq ftHK$3,380 per sq ftHK$12.0 per sq ft / monthHK$10.5 per sq ft / month
July 1999HK$3,350 per sq ftHK$3,326 per sq ftHK$12.4 per sq ft / monthHK$10.8 per sq ft / month
August 1999HK$3,244 per sq ftHK$3,255 per sq ftHK$12.3 per sq ft / monthHK$10.6 per sq ft / month
September 1999HK$3,157 per sq ftHK$3,134 per sq ftHK$12.2 per sq ft / monthHK$10.7 per sq ft / month
October 1999HK$3,166 per sq ftHK$3,099 per sq ftHK$12.5 per sq ft / monthHK$11.6 per sq ft / month
November 1999HK$2,988 per sq ftHK$3,027 per sq ftHK$13.1 per sq ft / monthHK$11.1 per sq ft / month
December 1999HK$3,105 per sq ftHK$3,021 per sq ftHK$12.7 per sq ft / monthHK$11.2 per sq ft / month

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.