2001: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2001, with charts, monthly records and year-end comparisons.

Reading this year

December 2001 hong kong island class a (under 40 m²) prices: HK$2,794 per sq ft, a -9.4% change from the previous December.

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$25,000HK$30,000HK$35,000HK$40,000HK$45,00020002001
Dec 2001Hong Kong Island Class B (40 to 69.9 m²) pricesHK$35,960Kowloon Class B (40 to 69.9 m²) pricesHK$26,638New Territories Class B (40 to 69.9 m²) pricesHK$25,844

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$25020002001
Dec 2001Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$176Kowloon Class B (40 to 69.9 m²) monthly rentsHK$136New Territories Class B (40 to 69.9 m²) monthly rentsHK$108

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 2000December 2001December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$3,085 per sq ftHK$2,794 per sq ft-9.4%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$3,632 per sq ftHK$3,341 per sq ft-8%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$4,648 per sq ftHK$4,156 per sq ft-10.6%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$5,230 per sq ftHK$5,099 per sq ft-2.5%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$7,821 per sq ft few transactionsHK$6,255 per sq ft-20%12/12
Kowloon Class A (under 40 m²) pricesHK$2,610 per sq ftHK$2,345 per sq ft-10.2%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$2,613 per sq ftHK$2,475 per sq ft-5.3%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$3,240 per sq ftHK$2,898 per sq ft-10.5%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$4,107 per sq ftHK$3,917 per sq ft-4.6%12/12
Kowloon Class E (160 m² or above) pricesHK$4,819 per sq ft few transactionsHK$5,895 per sq ft few transactions+22.3%12/12
New Territories Class A (under 40 m²) pricesHK$2,673 per sq ftHK$2,430 per sq ft-9.1%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$2,692 per sq ftHK$2,401 per sq ft-10.8%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$3,093 per sq ftHK$2,877 per sq ft-7%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$3,433 per sq ftHK$3,075 per sq ft-10.4%12/12
New Territories Class E (160 m² or above) pricesHK$3,809 per sq ftHK$3,612 per sq ft few transactions-5.2%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$17.9 per sq ft / monthHK$16.3 per sq ft / month-9.3%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$19.4 per sq ft / monthHK$16.4 per sq ft / month-15.8%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$24.7 per sq ft / monthHK$22.1 per sq ft / month-10.5%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$26.4 per sq ft / monthHK$24.0 per sq ft / month-9.2%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$28.7 per sq ft / monthHK$29.5 per sq ft / month+2.6%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$15.1 per sq ft / monthHK$13.4 per sq ft / month-11.1%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$14.4 per sq ft / monthHK$12.6 per sq ft / month-12.3%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$19.0 per sq ft / monthHK$16.4 per sq ft / month-13.7%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$22.9 per sq ft / monthHK$17.0 per sq ft / month few transactions-25.9%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$23.7 per sq ft / month few transactionsHK$15.9 per sq ft / month few transactions-32.9%12/12
New Territories Class A (under 40 m²) monthly rentsHK$12.2 per sq ft / monthHK$10.7 per sq ft / month-12.2%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$11.1 per sq ft / monthHK$10.0 per sq ft / month-10%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$13.5 per sq ft / monthHK$12.5 per sq ft / month-6.9%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$19.0 per sq ft / monthHK$16.2 per sq ft / month-15.1%12/12
New Territories Class E (160 m² or above) monthly rentsHK$16.5 per sq ft / month few transactionsHK$14.0 per sq ft / month few transactions-15.2%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 2001HK$2,965 per sq ftHK$3,723 per sq ftHK$17.5 per sq ft / monthHK$18.2 per sq ft / month
February 2001HK$3,068 per sq ftHK$3,665 per sq ftHK$18.1 per sq ft / monthHK$18.5 per sq ft / month
March 2001HK$3,109 per sq ftHK$3,854 per sq ftHK$18.2 per sq ft / monthHK$18.0 per sq ft / month
April 2001HK$3,004 per sq ftHK$3,636 per sq ftHK$17.7 per sq ft / monthHK$18.1 per sq ft / month
May 2001HK$3,036 per sq ftHK$3,621 per sq ftHK$17.7 per sq ft / monthHK$17.5 per sq ft / month
June 2001HK$3,070 per sq ftHK$3,876 per sq ftHK$17.4 per sq ft / monthHK$17.8 per sq ft / month
July 2001HK$3,019 per sq ftHK$3,730 per sq ftHK$17.1 per sq ft / monthHK$17.8 per sq ft / month
August 2001HK$3,040 per sq ftHK$3,546 per sq ftHK$16.9 per sq ft / monthHK$18.0 per sq ft / month
September 2001HK$2,825 per sq ftHK$3,694 per sq ftHK$17.3 per sq ft / monthHK$18.0 per sq ft / month
October 2001HK$2,764 per sq ftHK$3,275 per sq ftHK$17.2 per sq ft / monthHK$17.7 per sq ft / month
November 2001HK$2,849 per sq ftHK$3,317 per sq ftHK$16.7 per sq ft / monthHK$17.0 per sq ft / month
December 2001HK$2,794 per sq ftHK$3,341 per sq ftHK$16.3 per sq ft / monthHK$16.4 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 2001HK$2,612 per sq ftHK$2,675 per sq ftHK$15.0 per sq ft / monthHK$15.2 per sq ft / month
February 2001HK$2,543 per sq ftHK$2,705 per sq ftHK$14.9 per sq ft / monthHK$14.1 per sq ft / month
March 2001HK$2,607 per sq ftHK$2,705 per sq ftHK$14.7 per sq ft / monthHK$13.7 per sq ft / month
April 2001HK$2,594 per sq ftHK$2,568 per sq ftHK$14.4 per sq ft / monthHK$13.7 per sq ft / month
May 2001HK$2,548 per sq ftHK$2,646 per sq ftHK$14.6 per sq ft / monthHK$13.7 per sq ft / month
June 2001HK$2,534 per sq ftHK$2,983 per sq ftHK$14.1 per sq ft / monthHK$12.8 per sq ft / month
July 2001HK$2,449 per sq ftHK$2,679 per sq ftHK$13.9 per sq ft / monthHK$13.7 per sq ft / month
August 2001HK$2,450 per sq ftHK$2,632 per sq ftHK$13.8 per sq ft / monthHK$13.2 per sq ft / month
September 2001HK$2,366 per sq ftHK$2,554 per sq ftHK$14.2 per sq ft / monthHK$13.6 per sq ft / month
October 2001HK$2,313 per sq ftHK$2,466 per sq ftHK$13.9 per sq ft / monthHK$13.4 per sq ft / month
November 2001HK$2,290 per sq ftHK$2,431 per sq ftHK$13.6 per sq ft / monthHK$13.6 per sq ft / month
December 2001HK$2,345 per sq ftHK$2,475 per sq ftHK$13.4 per sq ft / monthHK$12.6 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 2001HK$2,573 per sq ftHK$2,672 per sq ftHK$11.7 per sq ft / monthHK$11.1 per sq ft / month
February 2001HK$2,603 per sq ftHK$2,637 per sq ftHK$11.8 per sq ft / monthHK$10.7 per sq ft / month
March 2001HK$2,679 per sq ftHK$2,702 per sq ftHK$11.5 per sq ft / monthHK$10.7 per sq ft / month
April 2001HK$2,667 per sq ftHK$2,602 per sq ftHK$11.4 per sq ft / monthHK$10.2 per sq ft / month
May 2001HK$2,671 per sq ftHK$2,601 per sq ftHK$11.2 per sq ft / monthHK$10.5 per sq ft / month
June 2001HK$2,633 per sq ftHK$2,670 per sq ftHK$11.1 per sq ft / monthHK$10.4 per sq ft / month
July 2001HK$2,665 per sq ftHK$2,694 per sq ftHK$10.9 per sq ft / monthHK$10.2 per sq ft / month
August 2001HK$2,610 per sq ftHK$2,640 per sq ftHK$11.2 per sq ft / monthHK$10.0 per sq ft / month
September 2001HK$2,567 per sq ftHK$2,569 per sq ftHK$11.0 per sq ft / monthHK$10.5 per sq ft / month
October 2001HK$2,443 per sq ftHK$2,476 per sq ftHK$11.1 per sq ft / monthHK$10.9 per sq ft / month
November 2001HK$2,479 per sq ftHK$2,389 per sq ftHK$10.7 per sq ft / monthHK$10.2 per sq ft / month
December 2001HK$2,430 per sq ftHK$2,401 per sq ftHK$10.7 per sq ft / monthHK$10.0 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.