2002: Regional home prices and rents
The Rating and Valuation Department's monthly regional home prices and rents for 2002, with charts, monthly records and year-end comparisons.
Reading this year
December 2002 hong kong island class a (under 40 m²) prices: HK$2,408 per sq ft, a -13.8% 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)
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)
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
| Series | December 2001 | December 2002 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Hong Kong Island Class A (under 40 m²) prices | HK$2,794 per sq ft | HK$2,408 per sq ft | -13.8% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) prices | HK$3,341 per sq ft | HK$2,930 per sq ft | -12.3% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) prices | HK$4,156 per sq ft | HK$3,727 per sq ft | -10.3% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) prices | HK$5,099 per sq ft | HK$4,920 per sq ft | -3.5% | 12/12 |
| Hong Kong Island Class E (160 m² or above) prices | HK$6,255 per sq ft | HK$5,685 per sq ft | -9.1% | 12/12 |
| Kowloon Class A (under 40 m²) prices | HK$2,345 per sq ft | HK$1,985 per sq ft | -15.4% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) prices | HK$2,475 per sq ft | HK$2,092 per sq ft | -15.5% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) prices | HK$2,898 per sq ft | HK$2,500 per sq ft | -13.7% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) prices | HK$3,917 per sq ft | HK$3,017 per sq ft | -23% | 12/12 |
| Kowloon Class E (160 m² or above) prices | HK$5,895 per sq ft few transactions | HK$4,465 per sq ft few transactions | -24.3% | 12/12 |
| New Territories Class A (under 40 m²) prices | HK$2,430 per sq ft | HK$2,059 per sq ft | -15.3% | 12/12 |
| New Territories Class B (40 to 69.9 m²) prices | HK$2,401 per sq ft | HK$2,106 per sq ft | -12.3% | 12/12 |
| New Territories Class C (70 to 99.9 m²) prices | HK$2,877 per sq ft | HK$2,686 per sq ft | -6.6% | 12/12 |
| New Territories Class D (100 to 159.9 m²) prices | HK$3,075 per sq ft | HK$2,710 per sq ft | -11.9% | 12/12 |
| New Territories Class E (160 m² or above) prices | HK$3,612 per sq ft few transactions | HK$3,496 per sq ft | -3.2% | 12/12 |
| Hong Kong Island Class A (under 40 m²) monthly rents | HK$16.3 per sq ft / month | HK$14.1 per sq ft / month | -13.1% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) monthly rents | HK$16.4 per sq ft / month | HK$14.3 per sq ft / month | -12.5% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) monthly rents | HK$22.1 per sq ft / month | HK$18.0 per sq ft / month | -18.5% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) monthly rents | HK$24.0 per sq ft / month | HK$22.0 per sq ft / month | -8.1% | 12/12 |
| Hong Kong Island Class E (160 m² or above) monthly rents | HK$29.5 per sq ft / month | HK$25.1 per sq ft / month | -14.8% | 12/12 |
| Kowloon Class A (under 40 m²) monthly rents | HK$13.4 per sq ft / month | HK$12.0 per sq ft / month | -10.4% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) monthly rents | HK$12.6 per sq ft / month | HK$11.5 per sq ft / month | -8.8% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) monthly rents | HK$16.4 per sq ft / month | HK$13.7 per sq ft / month | -16.9% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) monthly rents | HK$17.0 per sq ft / month few transactions | HK$15.0 per sq ft / month few transactions | -12% | 12/12 |
| Kowloon Class E (160 m² or above) monthly rents | HK$15.9 per sq ft / month few transactions | HK$19.4 per sq ft / month few transactions | +22.2% | 12/12 |
| New Territories Class A (under 40 m²) monthly rents | HK$10.7 per sq ft / month | HK$9.7 per sq ft / month | -9.6% | 12/12 |
| New Territories Class B (40 to 69.9 m²) monthly rents | HK$10.0 per sq ft / month | HK$9.5 per sq ft / month | -5.6% | 12/12 |
| New Territories Class C (70 to 99.9 m²) monthly rents | HK$12.5 per sq ft / month | HK$10.2 per sq ft / month | -18.5% | 12/12 |
| New Territories Class D (100 to 159.9 m²) monthly rents | HK$16.2 per sq ft / month | HK$14.3 per sq ft / month | -11.5% | 12/12 |
| New Territories Class E (160 m² or above) monthly rents | HK$14.0 per sq ft / month few transactions | HK$15.2 per sq ft / month few transactions | +8.6% | 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
| Month | Hong Kong Island Class A (under 40 m²) prices | Hong Kong Island Class B (40 to 69.9 m²) prices | Hong Kong Island Class A (under 40 m²) monthly rents | Hong Kong Island Class B (40 to 69.9 m²) monthly rents |
|---|---|---|---|---|
| January 2002 | HK$2,903 per sq ft | HK$3,399 per sq ft | HK$16.4 per sq ft / month | HK$16.7 per sq ft / month |
| February 2002 | HK$2,913 per sq ft | HK$3,206 per sq ft | HK$16.4 per sq ft / month | HK$16.4 per sq ft / month |
| March 2002 | HK$2,813 per sq ft | HK$3,331 per sq ft | HK$16.1 per sq ft / month | HK$15.8 per sq ft / month |
| April 2002 | HK$2,827 per sq ft | HK$3,306 per sq ft | HK$15.5 per sq ft / month | HK$16.3 per sq ft / month |
| May 2002 | HK$2,794 per sq ft | HK$3,243 per sq ft | HK$15.4 per sq ft / month | HK$15.7 per sq ft / month |
| June 2002 | HK$2,805 per sq ft | HK$3,208 per sq ft | HK$15.7 per sq ft / month | HK$15.7 per sq ft / month |
| July 2002 | HK$2,706 per sq ft | HK$3,133 per sq ft | HK$15.6 per sq ft / month | HK$15.4 per sq ft / month |
| August 2002 | HK$2,577 per sq ft | HK$3,109 per sq ft | HK$15.1 per sq ft / month | HK$15.9 per sq ft / month |
| September 2002 | HK$2,487 per sq ft | HK$3,096 per sq ft | HK$15.0 per sq ft / month | HK$15.2 per sq ft / month |
| October 2002 | HK$2,419 per sq ft | HK$2,976 per sq ft | HK$14.3 per sq ft / month | HK$15.1 per sq ft / month |
| November 2002 | HK$2,433 per sq ft | HK$2,907 per sq ft | HK$14.2 per sq ft / month | HK$14.9 per sq ft / month |
| December 2002 | HK$2,408 per sq ft | HK$2,930 per sq ft | HK$14.1 per sq ft / month | HK$14.3 per sq ft / month |
Kowloon：Class A and B monthly prices and rents
| Month | Kowloon Class A (under 40 m²) prices | Kowloon Class B (40 to 69.9 m²) prices | Kowloon Class A (under 40 m²) monthly rents | Kowloon Class B (40 to 69.9 m²) monthly rents |
|---|---|---|---|---|
| January 2002 | HK$2,334 per sq ft | HK$2,470 per sq ft | HK$13.7 per sq ft / month | HK$12.4 per sq ft / month |
| February 2002 | HK$2,369 per sq ft | HK$2,467 per sq ft | HK$12.5 per sq ft / month | HK$12.6 per sq ft / month |
| March 2002 | HK$2,246 per sq ft | HK$2,402 per sq ft | HK$12.7 per sq ft / month | HK$12.5 per sq ft / month |
| April 2002 | HK$2,242 per sq ft | HK$2,439 per sq ft | HK$12.5 per sq ft / month | HK$12.5 per sq ft / month |
| May 2002 | HK$2,219 per sq ft | HK$2,396 per sq ft | HK$12.4 per sq ft / month | HK$12.3 per sq ft / month |
| June 2002 | HK$2,153 per sq ft | HK$2,349 per sq ft | HK$12.2 per sq ft / month | HK$12.5 per sq ft / month |
| July 2002 | HK$2,147 per sq ft | HK$2,322 per sq ft | HK$12.8 per sq ft / month | HK$12.3 per sq ft / month |
| August 2002 | HK$2,143 per sq ft | HK$2,264 per sq ft | HK$12.3 per sq ft / month | HK$12.2 per sq ft / month |
| September 2002 | HK$2,069 per sq ft | HK$2,109 per sq ft | HK$12.5 per sq ft / month | HK$12.1 per sq ft / month |
| October 2002 | HK$2,017 per sq ft | HK$2,083 per sq ft | HK$11.9 per sq ft / month | HK$11.8 per sq ft / month |
| November 2002 | HK$2,016 per sq ft | HK$2,043 per sq ft | HK$12.0 per sq ft / month | HK$11.5 per sq ft / month |
| December 2002 | HK$1,985 per sq ft | HK$2,092 per sq ft | HK$12.0 per sq ft / month | HK$11.5 per sq ft / month |
New Territories：Class A and B monthly prices and rents
| Month | New Territories Class A (under 40 m²) prices | New Territories Class B (40 to 69.9 m²) prices | New Territories Class A (under 40 m²) monthly rents | New Territories Class B (40 to 69.9 m²) monthly rents |
|---|---|---|---|---|
| January 2002 | HK$2,404 per sq ft | HK$2,338 per sq ft | HK$10.4 per sq ft / month | HK$9.9 per sq ft / month |
| February 2002 | HK$2,421 per sq ft | HK$2,388 per sq ft | HK$9.8 per sq ft / month | HK$9.2 per sq ft / month |
| March 2002 | HK$2,369 per sq ft | HK$2,307 per sq ft | HK$9.8 per sq ft / month | HK$9.7 per sq ft / month |
| April 2002 | HK$2,321 per sq ft | HK$2,319 per sq ft | HK$9.8 per sq ft / month | HK$9.5 per sq ft / month |
| May 2002 | HK$2,327 per sq ft | HK$2,448 per sq ft | HK$9.8 per sq ft / month | HK$9.4 per sq ft / month |
| June 2002 | HK$2,376 per sq ft | HK$2,370 per sq ft | HK$9.9 per sq ft / month | HK$9.2 per sq ft / month |
| July 2002 | HK$2,297 per sq ft | HK$2,332 per sq ft | HK$9.7 per sq ft / month | HK$9.0 per sq ft / month |
| August 2002 | HK$2,226 per sq ft | HK$2,205 per sq ft | HK$9.8 per sq ft / month | HK$9.5 per sq ft / month |
| September 2002 | HK$2,162 per sq ft | HK$2,250 per sq ft | HK$9.6 per sq ft / month | HK$9.2 per sq ft / month |
| October 2002 | HK$2,117 per sq ft | HK$2,148 per sq ft | HK$9.7 per sq ft / month | HK$9.6 per sq ft / month |
| November 2002 | HK$2,042 per sq ft | HK$2,115 per sq ft | HK$9.4 per sq ft / month | HK$9.5 per sq ft / month |
| December 2002 | HK$2,059 per sq ft | HK$2,106 per sq ft | HK$9.7 per sq ft / month | HK$9.5 per sq ft / month |
Continue your research
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.