2004: Regional home prices and rents
The Rating and Valuation Department's monthly regional home prices and rents for 2004, with charts, monthly records and year-end comparisons.
Reading this year
December 2004 hong kong island class a (under 40 m²) prices: HK$3,312 per sq ft, a +28.7% 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 2003 | December 2004 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Hong Kong Island Class A (under 40 m²) prices | HK$2,573 per sq ft | HK$3,312 per sq ft | +28.7% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) prices | HK$3,065 per sq ft | HK$4,219 per sq ft | +37.6% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) prices | HK$4,250 per sq ft | HK$5,690 per sq ft | +33.9% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) prices | HK$4,618 per sq ft | HK$6,815 per sq ft | +47.6% | 12/12 |
| Hong Kong Island Class E (160 m² or above) prices | HK$7,075 per sq ft | HK$9,293 per sq ft | +31.4% | 12/12 |
| Kowloon Class A (under 40 m²) prices | HK$2,082 per sq ft | HK$2,461 per sq ft | +18.2% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) prices | HK$2,215 per sq ft | HK$3,318 per sq ft | +49.8% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) prices | HK$2,911 per sq ft | HK$4,497 per sq ft | +54.4% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) prices | HK$3,071 per sq ft | HK$7,062 per sq ft | +129.9% | 12/12 |
| Kowloon Class E (160 m² or above) prices | HK$6,672 per sq ft few transactions | HK$8,767 per sq ft few transactions | +31.4% | 12/12 |
| New Territories Class A (under 40 m²) prices | HK$2,084 per sq ft | HK$2,560 per sq ft | +22.9% | 12/12 |
| New Territories Class B (40 to 69.9 m²) prices | HK$2,137 per sq ft | HK$2,729 per sq ft | +27.7% | 12/12 |
| New Territories Class C (70 to 99.9 m²) prices | HK$2,656 per sq ft | HK$3,600 per sq ft | +35.5% | 12/12 |
| New Territories Class D (100 to 159.9 m²) prices | HK$3,306 per sq ft | HK$3,982 per sq ft | +20.5% | 12/12 |
| New Territories Class E (160 m² or above) prices | HK$3,383 per sq ft | HK$5,040 per sq ft | +49% | 12/12 |
| Hong Kong Island Class A (under 40 m²) monthly rents | HK$15.2 per sq ft / month | HK$15.5 per sq ft / month | +1.8% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) monthly rents | HK$14.0 per sq ft / month | HK$14.9 per sq ft / month | +6% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) monthly rents | HK$18.3 per sq ft / month | HK$21.0 per sq ft / month | +14.7% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) monthly rents | HK$19.8 per sq ft / month | HK$22.1 per sq ft / month | +11.7% | 12/12 |
| Hong Kong Island Class E (160 m² or above) monthly rents | HK$23.6 per sq ft / month | HK$26.5 per sq ft / month | +12.2% | 12/12 |
| Kowloon Class A (under 40 m²) monthly rents | HK$11.6 per sq ft / month | HK$11.8 per sq ft / month | +1.6% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) monthly rents | HK$11.2 per sq ft / month | HK$12.9 per sq ft / month | +14.9% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) monthly rents | HK$13.7 per sq ft / month | HK$17.0 per sq ft / month | +24.5% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) monthly rents | HK$15.1 per sq ft / month | HK$19.7 per sq ft / month | +30.1% | 12/12 |
| Kowloon Class E (160 m² or above) monthly rents | HK$13.7 per sq ft / month few transactions | HK$13.0 per sq ft / month few transactions | -5.4% | 12/12 |
| New Territories Class A (under 40 m²) monthly rents | HK$9.0 per sq ft / month | HK$9.4 per sq ft / month | +4.1% | 12/12 |
| New Territories Class B (40 to 69.9 m²) monthly rents | HK$8.5 per sq ft / month | HK$8.9 per sq ft / month | +5.5% | 12/12 |
| New Territories Class C (70 to 99.9 m²) monthly rents | HK$9.9 per sq ft / month | HK$9.8 per sq ft / month | -1.9% | 12/12 |
| New Territories Class D (100 to 159.9 m²) monthly rents | HK$14.3 per sq ft / month | HK$16.3 per sq ft / month | +13.6% | 12/12 |
| New Territories Class E (160 m² or above) monthly rents | HK$14.5 per sq ft / month few transactions | HK$14.0 per sq ft / month few transactions | -3.2% | 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
| 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 2004 | HK$2,787 per sq ft | HK$3,378 per sq ft | HK$15.7 per sq ft / month | HK$15.4 per sq ft / month |
| February 2004 | HK$2,929 per sq ft | HK$3,701 per sq ft | HK$15.5 per sq ft / month | HK$15.4 per sq ft / month |
| March 2004 | HK$3,013 per sq ft | HK$3,935 per sq ft | HK$15.1 per sq ft / month | HK$14.9 per sq ft / month |
| April 2004 | HK$2,961 per sq ft | HK$3,833 per sq ft | HK$15.6 per sq ft / month | HK$15.1 per sq ft / month |
| May 2004 | HK$2,840 per sq ft | HK$3,646 per sq ft | HK$15.3 per sq ft / month | HK$15.5 per sq ft / month |
| June 2004 | HK$2,765 per sq ft | HK$3,430 per sq ft | HK$15.4 per sq ft / month | HK$15.0 per sq ft / month |
| July 2004 | HK$2,878 per sq ft | HK$3,546 per sq ft | HK$14.9 per sq ft / month | HK$15.1 per sq ft / month |
| August 2004 | HK$2,941 per sq ft | HK$3,779 per sq ft | HK$16.8 per sq ft / month | HK$17.0 per sq ft / month |
| September 2004 | HK$3,120 per sq ft | HK$4,068 per sq ft | HK$15.7 per sq ft / month | HK$16.4 per sq ft / month |
| October 2004 | HK$3,262 per sq ft | HK$4,345 per sq ft | HK$15.2 per sq ft / month | HK$16.4 per sq ft / month |
| November 2004 | HK$3,219 per sq ft | HK$4,081 per sq ft | HK$15.4 per sq ft / month | HK$15.5 per sq ft / month |
| December 2004 | HK$3,312 per sq ft | HK$4,219 per sq ft | HK$15.5 per sq ft / month | HK$14.9 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 2004 | HK$2,068 per sq ft | HK$2,721 per sq ft | HK$11.4 per sq ft / month | HK$11.8 per sq ft / month |
| February 2004 | HK$2,236 per sq ft | HK$2,809 per sq ft | HK$11.6 per sq ft / month | HK$11.4 per sq ft / month |
| March 2004 | HK$2,295 per sq ft | HK$3,066 per sq ft | HK$11.6 per sq ft / month | HK$12.4 per sq ft / month |
| April 2004 | HK$2,388 per sq ft | HK$3,121 per sq ft | HK$11.5 per sq ft / month | HK$12.6 per sq ft / month |
| May 2004 | HK$2,343 per sq ft | HK$2,833 per sq ft | HK$11.8 per sq ft / month | HK$12.1 per sq ft / month |
| June 2004 | HK$2,218 per sq ft | HK$2,612 per sq ft | HK$11.4 per sq ft / month | HK$12.2 per sq ft / month |
| July 2004 | HK$2,228 per sq ft | HK$2,606 per sq ft | HK$11.7 per sq ft / month | HK$12.1 per sq ft / month |
| August 2004 | HK$2,313 per sq ft | HK$2,773 per sq ft | HK$11.5 per sq ft / month | HK$12.7 per sq ft / month |
| September 2004 | HK$2,401 per sq ft | HK$3,295 per sq ft | HK$11.5 per sq ft / month | HK$13.2 per sq ft / month |
| October 2004 | HK$2,531 per sq ft | HK$3,528 per sq ft | HK$12.1 per sq ft / month | HK$12.4 per sq ft / month |
| November 2004 | HK$2,454 per sq ft | HK$3,300 per sq ft | HK$11.9 per sq ft / month | HK$12.6 per sq ft / month |
| December 2004 | HK$2,461 per sq ft | HK$3,318 per sq ft | HK$11.8 per sq ft / month | HK$12.9 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 2004 | HK$2,216 per sq ft | HK$2,263 per sq ft | HK$9.1 per sq ft / month | HK$9.0 per sq ft / month |
| February 2004 | HK$2,277 per sq ft | HK$2,382 per sq ft | HK$9.6 per sq ft / month | HK$8.8 per sq ft / month |
| March 2004 | HK$2,458 per sq ft | HK$2,517 per sq ft | HK$9.1 per sq ft / month | HK$8.5 per sq ft / month |
| April 2004 | HK$2,460 per sq ft | HK$2,649 per sq ft | HK$9.2 per sq ft / month | HK$8.9 per sq ft / month |
| May 2004 | HK$2,489 per sq ft | HK$2,538 per sq ft | HK$9.2 per sq ft / month | HK$8.6 per sq ft / month |
| June 2004 | HK$2,376 per sq ft | HK$2,470 per sq ft | HK$9.1 per sq ft / month | HK$8.4 per sq ft / month |
| July 2004 | HK$2,343 per sq ft | HK$2,490 per sq ft | HK$9.1 per sq ft / month | HK$8.6 per sq ft / month |
| August 2004 | HK$2,481 per sq ft | HK$2,624 per sq ft | HK$9.2 per sq ft / month | HK$8.5 per sq ft / month |
| September 2004 | HK$2,555 per sq ft | HK$2,724 per sq ft | HK$9.2 per sq ft / month | HK$9.0 per sq ft / month |
| October 2004 | HK$2,659 per sq ft | HK$2,833 per sq ft | HK$9.5 per sq ft / month | HK$9.5 per sq ft / month |
| November 2004 | HK$2,595 per sq ft | HK$2,738 per sq ft | HK$9.4 per sq ft / month | HK$9.0 per sq ft / month |
| December 2004 | HK$2,560 per sq ft | HK$2,729 per sq ft | HK$9.4 per sq ft / month | HK$8.9 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.