2007: Regional home prices and rents
The Rating and Valuation Department's monthly regional home prices and rents for 2007, with charts, monthly records and year-end comparisons.
Reading this year
December 2007 hong kong island class a (under 40 m²) prices: HK$5,795 per sq ft, a +39.5% 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 2006 | December 2007 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Hong Kong Island Class A (under 40 m²) prices | HK$4,155 per sq ft | HK$5,795 per sq ft | +39.5% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) prices | HK$4,958 per sq ft | HK$6,857 per sq ft | +38.3% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) prices | HK$6,424 per sq ft | HK$9,240 per sq ft | +43.8% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) prices | HK$8,022 per sq ft | HK$11,745 per sq ft | +46.4% | 12/12 |
| Hong Kong Island Class E (160 m² or above) prices | HK$10,401 per sq ft | HK$18,175 per sq ft | +74.7% | 12/12 |
| Kowloon Class A (under 40 m²) prices | HK$2,914 per sq ft | HK$4,019 per sq ft | +37.9% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) prices | HK$3,487 per sq ft | HK$5,372 per sq ft | +54.1% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) prices | HK$5,335 per sq ft | HK$8,903 per sq ft | +66.9% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) prices | HK$6,500 per sq ft | HK$10,096 per sq ft | +55.3% | 12/12 |
| Kowloon Class E (160 m² or above) prices | HK$9,709 per sq ft few transactions | HK$15,626 per sq ft few transactions | +60.9% | 12/12 |
| New Territories Class A (under 40 m²) prices | HK$2,587 per sq ft | HK$3,375 per sq ft | +30.5% | 12/12 |
| New Territories Class B (40 to 69.9 m²) prices | HK$2,821 per sq ft | HK$3,535 per sq ft | +25.3% | 12/12 |
| New Territories Class C (70 to 99.9 m²) prices | HK$3,794 per sq ft | HK$4,522 per sq ft | +19.2% | 12/12 |
| New Territories Class D (100 to 159.9 m²) prices | HK$5,018 per sq ft | HK$5,568 per sq ft | +11% | 12/12 |
| New Territories Class E (160 m² or above) prices | HK$5,347 per sq ft | HK$7,473 per sq ft | +39.8% | 12/12 |
| Hong Kong Island Class A (under 40 m²) monthly rents | HK$19.5 per sq ft / month | HK$23.0 per sq ft / month | +18.1% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) monthly rents | HK$18.5 per sq ft / month | HK$23.2 per sq ft / month | +25.6% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) monthly rents | HK$24.2 per sq ft / month | HK$28.2 per sq ft / month | +16.9% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) monthly rents | HK$27.8 per sq ft / month | HK$33.2 per sq ft / month | +19.4% | 12/12 |
| Hong Kong Island Class E (160 m² or above) monthly rents | HK$32.2 per sq ft / month | HK$38.6 per sq ft / month | +19.9% | 12/12 |
| Kowloon Class A (under 40 m²) monthly rents | HK$14.7 per sq ft / month | HK$16.4 per sq ft / month | +11.4% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) monthly rents | HK$15.1 per sq ft / month | HK$17.2 per sq ft / month | +14.2% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) monthly rents | HK$20.1 per sq ft / month | HK$21.1 per sq ft / month | +5.1% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) monthly rents | HK$21.7 per sq ft / month | HK$22.1 per sq ft / month | +1.7% | 12/12 |
| Kowloon Class E (160 m² or above) monthly rents | HK$17.5 per sq ft / month few transactions | HK$18.6 per sq ft / month few transactions | +6.4% | 12/12 |
| New Territories Class A (under 40 m²) monthly rents | HK$10.9 per sq ft / month | HK$13.4 per sq ft / month | +23.1% | 12/12 |
| New Territories Class B (40 to 69.9 m²) monthly rents | HK$10.1 per sq ft / month | HK$12.4 per sq ft / month | +22% | 12/12 |
| New Territories Class C (70 to 99.9 m²) monthly rents | HK$11.1 per sq ft / month | HK$14.0 per sq ft / month | +25.8% | 12/12 |
| New Territories Class D (100 to 159.9 m²) monthly rents | HK$16.4 per sq ft / month | HK$20.2 per sq ft / month | +22.6% | 12/12 |
| New Territories Class E (160 m² or above) monthly rents | HK$17.0 per sq ft / month few transactions | HK$24.8 per sq ft / month few transactions | +45.9% | 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 2007 | HK$4,226 per sq ft | HK$5,012 per sq ft | HK$19.5 per sq ft / month | HK$19.8 per sq ft / month |
| February 2007 | HK$4,286 per sq ft | HK$5,178 per sq ft | HK$20.4 per sq ft / month | HK$20.3 per sq ft / month |
| March 2007 | HK$4,324 per sq ft | HK$5,059 per sq ft | HK$20.3 per sq ft / month | HK$20.3 per sq ft / month |
| April 2007 | HK$4,469 per sq ft | HK$5,154 per sq ft | HK$20.3 per sq ft / month | HK$19.7 per sq ft / month |
| May 2007 | HK$4,631 per sq ft | HK$5,389 per sq ft | HK$20.4 per sq ft / month | HK$19.8 per sq ft / month |
| June 2007 | HK$4,720 per sq ft | HK$5,499 per sq ft | HK$21.8 per sq ft / month | HK$20.8 per sq ft / month |
| July 2007 | HK$4,628 per sq ft | HK$5,524 per sq ft | HK$24.1 per sq ft / month | HK$22.7 per sq ft / month |
| August 2007 | HK$4,773 per sq ft | HK$5,570 per sq ft | HK$27.3 per sq ft / month | HK$25.0 per sq ft / month |
| September 2007 | HK$4,779 per sq ft | HK$5,717 per sq ft | HK$24.5 per sq ft / month | HK$23.0 per sq ft / month |
| October 2007 | HK$5,018 per sq ft | HK$5,972 per sq ft | HK$22.7 per sq ft / month | HK$22.6 per sq ft / month |
| November 2007 | HK$5,582 per sq ft | HK$6,494 per sq ft | HK$21.9 per sq ft / month | HK$23.4 per sq ft / month |
| December 2007 | HK$5,795 per sq ft | HK$6,857 per sq ft | HK$23.0 per sq ft / month | HK$23.2 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 2007 | HK$2,966 per sq ft | HK$3,677 per sq ft | HK$14.4 per sq ft / month | HK$14.9 per sq ft / month |
| February 2007 | HK$2,991 per sq ft | HK$4,051 per sq ft | HK$15.2 per sq ft / month | HK$15.0 per sq ft / month |
| March 2007 | HK$3,133 per sq ft | HK$3,836 per sq ft | HK$14.5 per sq ft / month | HK$15.1 per sq ft / month |
| April 2007 | HK$3,122 per sq ft | HK$3,810 per sq ft | HK$14.9 per sq ft / month | HK$14.5 per sq ft / month |
| May 2007 | HK$3,212 per sq ft | HK$3,924 per sq ft | HK$15.2 per sq ft / month | HK$15.1 per sq ft / month |
| June 2007 | HK$3,255 per sq ft | HK$4,012 per sq ft | HK$14.4 per sq ft / month | HK$15.0 per sq ft / month |
| July 2007 | HK$3,329 per sq ft | HK$4,297 per sq ft | HK$14.7 per sq ft / month | HK$15.0 per sq ft / month |
| August 2007 | HK$3,393 per sq ft | HK$4,338 per sq ft | HK$15.7 per sq ft / month | HK$15.3 per sq ft / month |
| September 2007 | HK$3,507 per sq ft | HK$4,341 per sq ft | HK$17.5 per sq ft / month | HK$16.4 per sq ft / month |
| October 2007 | HK$3,665 per sq ft | HK$4,819 per sq ft | HK$18.7 per sq ft / month | HK$18.1 per sq ft / month |
| November 2007 | HK$3,881 per sq ft | HK$5,172 per sq ft | HK$16.9 per sq ft / month | HK$17.3 per sq ft / month |
| December 2007 | HK$4,019 per sq ft | HK$5,372 per sq ft | HK$16.4 per sq ft / month | HK$17.2 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 2007 | HK$2,664 per sq ft | HK$2,877 per sq ft | HK$11.1 per sq ft / month | HK$9.8 per sq ft / month |
| February 2007 | HK$2,782 per sq ft | HK$2,977 per sq ft | HK$11.0 per sq ft / month | HK$10.2 per sq ft / month |
| March 2007 | HK$2,876 per sq ft | HK$2,944 per sq ft | HK$11.2 per sq ft / month | HK$10.4 per sq ft / month |
| April 2007 | HK$2,877 per sq ft | HK$2,988 per sq ft | HK$11.4 per sq ft / month | HK$10.2 per sq ft / month |
| May 2007 | HK$2,870 per sq ft | HK$3,012 per sq ft | HK$11.4 per sq ft / month | HK$10.1 per sq ft / month |
| June 2007 | HK$2,862 per sq ft | HK$3,001 per sq ft | HK$11.1 per sq ft / month | HK$10.9 per sq ft / month |
| July 2007 | HK$2,945 per sq ft | HK$3,018 per sq ft | HK$11.5 per sq ft / month | HK$11.1 per sq ft / month |
| August 2007 | HK$2,975 per sq ft | HK$3,096 per sq ft | HK$11.8 per sq ft / month | HK$11.1 per sq ft / month |
| September 2007 | HK$2,998 per sq ft | HK$3,177 per sq ft | HK$11.8 per sq ft / month | HK$11.1 per sq ft / month |
| October 2007 | HK$3,116 per sq ft | HK$3,331 per sq ft | HK$12.2 per sq ft / month | HK$11.4 per sq ft / month |
| November 2007 | HK$3,286 per sq ft | HK$3,478 per sq ft | HK$13.1 per sq ft / month | HK$12.3 per sq ft / month |
| December 2007 | HK$3,375 per sq ft | HK$3,535 per sq ft | HK$13.4 per sq ft / month | HK$12.4 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.