2006: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2006, with charts, monthly records and year-end comparisons.

Reading this year

December 2006 hong kong island class a (under 40 m²) prices: HK$4,155 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)

HK$20,000HK$30,000HK$40,000HK$50,000HK$60,00020052006
Dec 2006Hong Kong Island Class B (40 to 69.9 m²) pricesHK$53,369Kowloon Class B (40 to 69.9 m²) pricesHK$37,533New Territories Class B (40 to 69.9 m²) pricesHK$30,366

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$25020052006
Dec 2006Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$199Kowloon Class B (40 to 69.9 m²) monthly rentsHK$162New Territories Class B (40 to 69.9 m²) monthly rentsHK$109

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 2005December 2006December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$3,651 per sq ftHK$4,155 per sq ft+13.8%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$4,425 per sq ftHK$4,958 per sq ft+12%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$6,109 per sq ftHK$6,424 per sq ft+5.1%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$7,690 per sq ftHK$8,022 per sq ft+4.3%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$10,406 per sq ftHK$10,401 per sq ft0%12/12
Kowloon Class A (under 40 m²) pricesHK$2,609 per sq ftHK$2,914 per sq ft+11.7%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$3,370 per sq ftHK$3,487 per sq ft+3.5%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$5,178 per sq ftHK$5,335 per sq ft+3%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$6,490 per sq ftHK$6,500 per sq ft+0.1%12/12
Kowloon Class E (160 m² or above) pricesHK$9,958 per sq ft few transactionsHK$9,709 per sq ft few transactions-2.5%12/12
New Territories Class A (under 40 m²) pricesHK$2,789 per sq ftHK$2,587 per sq ft-7.3%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$2,982 per sq ftHK$2,821 per sq ft-5.4%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$3,724 per sq ftHK$3,794 per sq ft+1.9%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$4,732 per sq ftHK$5,018 per sq ft+6%12/12
New Territories Class E (160 m² or above) pricesHK$4,585 per sq ft few transactionsHK$5,347 per sq ft+16.6%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$18.5 per sq ft / monthHK$19.5 per sq ft / month+5.5%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$17.8 per sq ft / monthHK$18.5 per sq ft / month+3.6%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$21.9 per sq ft / monthHK$24.2 per sq ft / month+10.2%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$25.5 per sq ft / monthHK$27.8 per sq ft / month+9.1%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$34.1 per sq ft / monthHK$32.2 per sq ft / month-5.4%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$13.7 per sq ft / monthHK$14.7 per sq ft / month+6.8%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$14.4 per sq ft / monthHK$15.1 per sq ft / month+4.5%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$18.5 per sq ft / monthHK$20.1 per sq ft / month+8.5%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$19.8 per sq ft / monthHK$21.7 per sq ft / month+9.9%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$20.1 per sq ft / month few transactionsHK$17.5 per sq ft / month few transactions-13%12/12
New Territories Class A (under 40 m²) monthly rentsHK$10.4 per sq ft / monthHK$10.9 per sq ft / month+4.5%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$9.6 per sq ft / monthHK$10.1 per sq ft / month+5.8%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$12.1 per sq ft / monthHK$11.1 per sq ft / month-7.7%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$15.2 per sq ft / monthHK$16.4 per sq ft / month+7.9%12/12
New Territories Class E (160 m² or above) monthly rentsHK$20.1 per sq ft / month few transactionsHK$17.0 per sq ft / month few transactions-15.3%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 2006HK$3,718 per sq ftHK$4,613 per sq ftHK$18.2 per sq ft / monthHK$17.6 per sq ft / month
February 2006HK$3,891 per sq ftHK$4,600 per sq ftHK$17.9 per sq ft / monthHK$17.6 per sq ft / month
March 2006HK$3,829 per sq ftHK$4,911 per sq ftHK$18.4 per sq ft / monthHK$17.2 per sq ft / month
April 2006HK$3,999 per sq ftHK$4,902 per sq ftHK$19.1 per sq ft / monthHK$17.4 per sq ft / month
May 2006HK$4,066 per sq ftHK$4,920 per sq ftHK$18.3 per sq ft / monthHK$17.1 per sq ft / month
June 2006HK$3,985 per sq ftHK$4,680 per sq ftHK$18.1 per sq ft / monthHK$18.4 per sq ft / month
July 2006HK$3,768 per sq ftHK$4,749 per sq ftHK$19.9 per sq ft / monthHK$19.0 per sq ft / month
August 2006HK$4,099 per sq ftHK$4,975 per sq ftHK$22.1 per sq ft / monthHK$21.4 per sq ft / month
September 2006HK$4,056 per sq ftHK$4,960 per sq ftHK$23.7 per sq ft / monthHK$22.1 per sq ft / month
October 2006HK$4,027 per sq ftHK$4,885 per sq ftHK$19.6 per sq ft / monthHK$19.8 per sq ft / month
November 2006HK$4,057 per sq ftHK$4,866 per sq ftHK$20.5 per sq ft / monthHK$19.6 per sq ft / month
December 2006HK$4,155 per sq ftHK$4,958 per sq ftHK$19.5 per sq ft / monthHK$18.5 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 2006HK$2,689 per sq ftHK$3,567 per sq ftHK$12.9 per sq ft / monthHK$13.9 per sq ft / month
February 2006HK$2,632 per sq ftHK$3,668 per sq ftHK$13.1 per sq ft / monthHK$14.1 per sq ft / month
March 2006HK$2,807 per sq ftHK$3,501 per sq ftHK$13.5 per sq ft / monthHK$14.3 per sq ft / month
April 2006HK$2,710 per sq ftHK$3,651 per sq ftHK$13.2 per sq ft / monthHK$13.6 per sq ft / month
May 2006HK$2,846 per sq ftHK$3,575 per sq ftHK$13.1 per sq ft / monthHK$14.3 per sq ft / month
June 2006HK$2,840 per sq ftHK$3,615 per sq ftHK$13.6 per sq ft / monthHK$14.7 per sq ft / month
July 2006HK$2,787 per sq ftHK$3,518 per sq ftHK$13.8 per sq ft / monthHK$14.0 per sq ft / month
August 2006HK$2,824 per sq ftHK$3,530 per sq ftHK$14.9 per sq ft / monthHK$14.2 per sq ft / month
September 2006HK$2,834 per sq ftHK$3,393 per sq ftHK$15.2 per sq ft / monthHK$15.0 per sq ft / month
October 2006HK$2,785 per sq ftHK$3,495 per sq ftHK$15.1 per sq ft / monthHK$14.1 per sq ft / month
November 2006HK$2,792 per sq ftHK$3,490 per sq ftHK$17.9 per sq ft / monthHK$15.5 per sq ft / month
December 2006HK$2,914 per sq ftHK$3,487 per sq ftHK$14.7 per sq ft / monthHK$15.1 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 2006HK$2,775 per sq ftHK$3,022 per sq ftHK$10.5 per sq ft / monthHK$9.8 per sq ft / month
February 2006HK$2,758 per sq ftHK$2,948 per sq ftHK$10.3 per sq ft / monthHK$9.9 per sq ft / month
March 2006HK$2,777 per sq ftHK$2,960 per sq ftHK$10.4 per sq ft / monthHK$9.8 per sq ft / month
April 2006HK$2,780 per sq ftHK$3,031 per sq ftHK$10.5 per sq ft / monthHK$9.6 per sq ft / month
May 2006HK$2,721 per sq ftHK$2,962 per sq ftHK$10.2 per sq ft / monthHK$9.7 per sq ft / month
June 2006HK$2,631 per sq ftHK$2,864 per sq ftHK$10.2 per sq ft / monthHK$9.8 per sq ft / month
July 2006HK$2,650 per sq ftHK$2,861 per sq ftHK$10.6 per sq ft / monthHK$9.9 per sq ft / month
August 2006HK$2,667 per sq ftHK$2,839 per sq ftHK$10.4 per sq ft / monthHK$9.8 per sq ft / month
September 2006HK$2,664 per sq ftHK$2,807 per sq ftHK$10.6 per sq ft / monthHK$9.9 per sq ft / month
October 2006HK$2,618 per sq ftHK$2,784 per sq ftHK$10.8 per sq ft / monthHK$10.2 per sq ft / month
November 2006HK$2,615 per sq ftHK$2,848 per sq ftHK$10.8 per sq ft / monthHK$10.2 per sq ft / month
December 2006HK$2,587 per sq ftHK$2,821 per sq ftHK$10.9 per sq ft / monthHK$10.1 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.