2005: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2005, with charts, monthly records and year-end comparisons.

Reading this year

December 2005 hong kong island class a (under 40 m²) prices: HK$3,651 per sq ft, a +10.2% 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$20,000HK$30,000HK$40,000HK$50,000HK$60,00020042005
Dec 2005Hong Kong Island Class B (40 to 69.9 m²) pricesHK$47,630Kowloon Class B (40 to 69.9 m²) pricesHK$36,270New Territories Class B (40 to 69.9 m²) pricesHK$32,098

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$50HK$100HK$150HK$200HK$25020042005
Dec 2005Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$192Kowloon Class B (40 to 69.9 m²) monthly rentsHK$155New Territories Class B (40 to 69.9 m²) monthly rentsHK$103

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 2004December 2005December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$3,312 per sq ftHK$3,651 per sq ft+10.2%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$4,219 per sq ftHK$4,425 per sq ft+4.9%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$5,690 per sq ftHK$6,109 per sq ft+7.4%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$6,815 per sq ftHK$7,690 per sq ft+12.8%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$9,293 per sq ftHK$10,406 per sq ft+12%12/12
Kowloon Class A (under 40 m²) pricesHK$2,461 per sq ftHK$2,609 per sq ft+6%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$3,318 per sq ftHK$3,370 per sq ft+1.6%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$4,497 per sq ftHK$5,178 per sq ft+15.2%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$7,062 per sq ftHK$6,490 per sq ft-8.1%12/12
Kowloon Class E (160 m² or above) pricesHK$8,767 per sq ft few transactionsHK$9,958 per sq ft few transactions+13.6%12/12
New Territories Class A (under 40 m²) pricesHK$2,560 per sq ftHK$2,789 per sq ft+8.9%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$2,729 per sq ftHK$2,982 per sq ft+9.3%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$3,600 per sq ftHK$3,724 per sq ft+3.4%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$3,982 per sq ftHK$4,732 per sq ft+18.8%12/12
New Territories Class E (160 m² or above) pricesHK$5,040 per sq ftHK$4,585 per sq ft few transactions-9%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$15.5 per sq ft / monthHK$18.5 per sq ft / month+19.2%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$14.9 per sq ft / monthHK$17.8 per sq ft / month+20%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$21.0 per sq ft / monthHK$21.9 per sq ft / month+4.4%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$22.1 per sq ft / monthHK$25.5 per sq ft / month+15.1%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$26.5 per sq ft / monthHK$34.1 per sq ft / month+28.8%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$11.8 per sq ft / monthHK$13.7 per sq ft / month+16.5%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$12.9 per sq ft / monthHK$14.4 per sq ft / month+11.5%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$17.0 per sq ft / monthHK$18.5 per sq ft / month+8.7%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$19.7 per sq ft / monthHK$19.8 per sq ft / month+0.5%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$13.0 per sq ft / month few transactionsHK$20.1 per sq ft / month few transactions+54.3%12/12
New Territories Class A (under 40 m²) monthly rentsHK$9.4 per sq ft / monthHK$10.4 per sq ft / month+10.9%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$8.9 per sq ft / monthHK$9.6 per sq ft / month+7.3%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$9.8 per sq ft / monthHK$12.1 per sq ft / month+23.8%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$16.3 per sq ft / monthHK$15.2 per sq ft / month-6.3%12/12
New Territories Class E (160 m² or above) monthly rentsHK$14.0 per sq ft / month few transactionsHK$20.1 per sq ft / month few transactions+43%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 2005HK$3,442 per sq ftHK$4,403 per sq ftHK$15.8 per sq ft / monthHK$15.5 per sq ft / month
February 2005HK$3,575 per sq ftHK$4,485 per sq ftHK$15.8 per sq ft / monthHK$16.4 per sq ft / month
March 2005HK$3,614 per sq ftHK$4,810 per sq ftHK$16.4 per sq ft / monthHK$16.4 per sq ft / month
April 2005HK$3,700 per sq ftHK$4,671 per sq ftHK$15.9 per sq ft / monthHK$15.9 per sq ft / month
May 2005HK$3,681 per sq ftHK$4,736 per sq ftHK$15.8 per sq ft / monthHK$15.6 per sq ft / month
June 2005HK$3,614 per sq ftHK$4,491 per sq ftHK$16.4 per sq ft / monthHK$16.4 per sq ft / month
July 2005HK$3,654 per sq ftHK$4,431 per sq ftHK$16.1 per sq ft / monthHK$16.9 per sq ft / month
August 2005HK$3,715 per sq ftHK$4,635 per sq ftHK$18.6 per sq ft / monthHK$17.8 per sq ft / month
September 2005HK$3,700 per sq ftHK$4,545 per sq ftHK$20.5 per sq ft / monthHK$19.7 per sq ft / month
October 2005HK$3,775 per sq ftHK$4,587 per sq ftHK$18.3 per sq ft / monthHK$17.8 per sq ft / month
November 2005HK$3,455 per sq ftHK$4,183 per sq ftHK$18.6 per sq ft / monthHK$17.5 per sq ft / month
December 2005HK$3,651 per sq ftHK$4,425 per sq ftHK$18.5 per sq ft / monthHK$17.8 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 2005HK$2,527 per sq ftHK$3,387 per sq ftHK$11.6 per sq ft / monthHK$13.1 per sq ft / month
February 2005HK$2,696 per sq ftHK$3,741 per sq ftHK$11.9 per sq ft / monthHK$13.4 per sq ft / month
March 2005HK$2,835 per sq ftHK$4,025 per sq ftHK$12.9 per sq ft / monthHK$13.3 per sq ft / month
April 2005HK$2,885 per sq ftHK$3,852 per sq ftHK$12.4 per sq ft / monthHK$13.0 per sq ft / month
May 2005HK$2,887 per sq ftHK$3,674 per sq ftHK$12.6 per sq ft / monthHK$13.4 per sq ft / month
June 2005HK$2,733 per sq ftHK$3,349 per sq ftHK$12.2 per sq ft / monthHK$12.7 per sq ft / month
July 2005HK$2,727 per sq ftHK$3,556 per sq ftHK$12.3 per sq ft / monthHK$13.0 per sq ft / month
August 2005HK$2,821 per sq ftHK$3,634 per sq ftHK$12.7 per sq ft / monthHK$12.9 per sq ft / month
September 2005HK$2,883 per sq ftHK$3,663 per sq ftHK$13.2 per sq ft / monthHK$13.8 per sq ft / month
October 2005HK$2,849 per sq ftHK$3,215 per sq ftHK$15.0 per sq ft / monthHK$14.5 per sq ft / month
November 2005HK$2,667 per sq ftHK$2,890 per sq ftHK$16.0 per sq ft / monthHK$15.1 per sq ft / month
December 2005HK$2,609 per sq ftHK$3,370 per sq ftHK$13.7 per sq ft / monthHK$14.4 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 2005HK$2,649 per sq ftHK$2,812 per sq ftHK$9.8 per sq ft / monthHK$9.2 per sq ft / month
February 2005HK$2,737 per sq ftHK$3,011 per sq ftHK$9.5 per sq ft / monthHK$9.7 per sq ft / month
March 2005HK$2,971 per sq ftHK$3,056 per sq ftHK$9.6 per sq ft / monthHK$9.4 per sq ft / month
April 2005HK$2,914 per sq ftHK$3,080 per sq ftHK$9.5 per sq ft / monthHK$8.8 per sq ft / month
May 2005HK$2,881 per sq ftHK$3,179 per sq ftHK$9.6 per sq ft / monthHK$8.7 per sq ft / month
June 2005HK$2,839 per sq ftHK$3,001 per sq ftHK$9.8 per sq ft / monthHK$9.2 per sq ft / month
July 2005HK$2,757 per sq ftHK$3,070 per sq ftHK$9.9 per sq ft / monthHK$9.2 per sq ft / month
August 2005HK$2,885 per sq ftHK$3,191 per sq ftHK$9.7 per sq ft / monthHK$9.5 per sq ft / month
September 2005HK$2,855 per sq ftHK$3,055 per sq ftHK$10.1 per sq ft / monthHK$9.9 per sq ft / month
October 2005HK$2,736 per sq ftHK$2,934 per sq ftHK$10.3 per sq ft / monthHK$9.8 per sq ft / month
November 2005HK$2,585 per sq ftHK$2,847 per sq ftHK$10.4 per sq ft / monthHK$9.8 per sq ft / month
December 2005HK$2,789 per sq ftHK$2,982 per sq ftHK$10.4 per sq ft / monthHK$9.6 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.