2009: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2009, with charts, monthly records and year-end comparisons.

Reading this year

December 2009 hong kong island class a (under 40 m²) prices: HK$6,308 per sq ft, a +34.1% 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$40,000HK$60,000HK$80,00020082009
Dec 2009Hong Kong Island Class B (40 to 69.9 m²) pricesHK$76,992Kowloon Class B (40 to 69.9 m²) pricesHK$63,755New Territories Class B (40 to 69.9 m²) pricesHK$42,098

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$100HK$150HK$200HK$250HK$30020082009
Dec 2009Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$248Kowloon Class B (40 to 69.9 m²) monthly rentsHK$194New Territories Class B (40 to 69.9 m²) monthly rentsHK$135

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 2008December 2009December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$4,705 per sq ftHK$6,308 per sq ft+34.1%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$5,410 per sq ftHK$7,153 per sq ft+32.2%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$7,742 per sq ftHK$9,593 per sq ft+23.9%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$9,021 per sq ftHK$12,035 per sq ft+33.4%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$13,034 per sq ftHK$17,118 per sq ft+31.3%12/12
Kowloon Class A (under 40 m²) pricesHK$3,559 per sq ftHK$4,660 per sq ft+31%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$4,386 per sq ftHK$5,923 per sq ft+35%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$6,384 per sq ftHK$9,215 per sq ft+44.4%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$8,091 per sq ftHK$10,117 per sq ft+25%12/12
Kowloon Class E (160 m² or above) pricesHK$8,538 per sq ft few transactionsHK$14,407 per sq ft few transactions+68.7%12/12
New Territories Class A (under 40 m²) pricesHK$3,120 per sq ftHK$3,990 per sq ft+27.9%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$3,269 per sq ftHK$3,911 per sq ft+19.6%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$4,079 per sq ftHK$4,933 per sq ft+20.9%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$4,741 per sq ftHK$5,683 per sq ft+19.9%12/12
New Territories Class E (160 m² or above) pricesHK$5,520 per sq ft few transactionsHK$7,413 per sq ft+34.3%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$21.8 per sq ft / monthHK$22.9 per sq ft / month+4.7%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$19.1 per sq ft / monthHK$23.0 per sq ft / month+20.4%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$24.7 per sq ft / monthHK$27.8 per sq ft / month+12.4%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$29.7 per sq ft / monthHK$30.7 per sq ft / month+3.1%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$36.7 per sq ft / monthHK$34.1 per sq ft / month-7.1%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$15.9 per sq ft / monthHK$17.0 per sq ft / month+7%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$16.1 per sq ft / monthHK$18.0 per sq ft / month+12.1%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$20.7 per sq ft / monthHK$23.0 per sq ft / month+11.2%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$22.7 per sq ft / monthHK$21.6 per sq ft / month-4.9%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$17.5 per sq ft / month few transactionsHK$22.6 per sq ft / month few transactions+29.3%11/12
New Territories Class A (under 40 m²) monthly rentsHK$12.1 per sq ft / monthHK$14.0 per sq ft / month+16.2%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$11.2 per sq ft / monthHK$12.5 per sq ft / month+11.6%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$12.7 per sq ft / monthHK$14.2 per sq ft / month+11.7%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$19.5 per sq ft / monthHK$18.0 per sq ft / month-7.6%12/12
New Territories Class E (160 m² or above) monthly rentsHK$18.1 per sq ft / month few transactionsHK$19.8 per sq ft / month+9.2%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

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 2009HK$4,852 per sq ftHK$5,716 per sq ftHK$21.6 per sq ft / monthHK$19.1 per sq ft / month
February 2009HK$4,817 per sq ftHK$5,688 per sq ftHK$21.5 per sq ft / monthHK$19.1 per sq ft / month
March 2009HK$4,802 per sq ftHK$5,792 per sq ftHK$20.4 per sq ft / monthHK$18.4 per sq ft / month
April 2009HK$5,192 per sq ftHK$6,248 per sq ftHK$20.3 per sq ft / monthHK$19.0 per sq ft / month
May 2009HK$5,417 per sq ftHK$6,419 per sq ftHK$20.7 per sq ft / monthHK$19.6 per sq ft / month
June 2009HK$5,757 per sq ftHK$6,657 per sq ftHK$19.6 per sq ft / monthHK$20.3 per sq ft / month
July 2009HK$5,848 per sq ftHK$6,750 per sq ftHK$21.3 per sq ft / monthHK$21.8 per sq ft / month
August 2009HK$6,048 per sq ftHK$6,951 per sq ftHK$22.9 per sq ft / monthHK$23.6 per sq ft / month
September 2009HK$6,121 per sq ftHK$7,252 per sq ftHK$23.0 per sq ft / monthHK$22.9 per sq ft / month
October 2009HK$6,166 per sq ftHK$7,166 per sq ftHK$25.0 per sq ft / monthHK$23.2 per sq ft / month
November 2009HK$6,271 per sq ftHK$7,103 per sq ftHK$23.5 per sq ft / monthHK$23.2 per sq ft / month
December 2009HK$6,308 per sq ftHK$7,153 per sq ftHK$22.9 per sq ft / monthHK$23.0 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 2009HK$3,644 per sq ftHK$4,423 per sq ftHK$15.7 per sq ft / monthHK$15.1 per sq ft / month
February 2009HK$3,354 per sq ftHK$4,125 per sq ftHK$15.3 per sq ft / monthHK$15.2 per sq ft / month
March 2009HK$3,535 per sq ftHK$4,413 per sq ftHK$16.1 per sq ft / monthHK$15.4 per sq ft / month
April 2009HK$3,793 per sq ftHK$4,964 per sq ftHK$16.2 per sq ft / monthHK$15.1 per sq ft / month
May 2009HK$3,921 per sq ftHK$4,963 per sq ftHK$15.8 per sq ft / monthHK$15.3 per sq ft / month
June 2009HK$4,115 per sq ftHK$5,263 per sq ftHK$15.9 per sq ft / monthHK$15.0 per sq ft / month
July 2009HK$4,192 per sq ftHK$5,170 per sq ftHK$17.6 per sq ft / monthHK$16.4 per sq ft / month
August 2009HK$4,331 per sq ftHK$5,499 per sq ftHK$17.5 per sq ft / monthHK$16.6 per sq ft / month
September 2009HK$4,396 per sq ftHK$5,509 per sq ftHK$18.6 per sq ft / monthHK$17.0 per sq ft / month
October 2009HK$4,444 per sq ftHK$5,368 per sq ftHK$17.7 per sq ft / monthHK$17.6 per sq ft / month
November 2009HK$4,391 per sq ftHK$5,200 per sq ftHK$17.1 per sq ft / monthHK$18.0 per sq ft / month
December 2009HK$4,660 per sq ftHK$5,923 per sq ftHK$17.0 per sq ft / monthHK$18.0 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 2009HK$3,226 per sq ftHK$3,346 per sq ftHK$11.9 per sq ft / monthHK$11.1 per sq ft / month
February 2009HK$3,264 per sq ftHK$3,356 per sq ftHK$12.0 per sq ft / monthHK$11.2 per sq ft / month
March 2009HK$3,302 per sq ftHK$3,355 per sq ftHK$12.0 per sq ft / monthHK$10.9 per sq ft / month
April 2009HK$3,470 per sq ftHK$3,579 per sq ftHK$11.9 per sq ft / monthHK$10.9 per sq ft / month
May 2009HK$3,484 per sq ftHK$3,573 per sq ftHK$11.9 per sq ft / monthHK$11.1 per sq ft / month
June 2009HK$3,591 per sq ftHK$3,671 per sq ftHK$12.3 per sq ft / monthHK$11.4 per sq ft / month
July 2009HK$3,652 per sq ftHK$3,703 per sq ftHK$12.4 per sq ft / monthHK$11.4 per sq ft / month
August 2009HK$3,800 per sq ftHK$3,760 per sq ftHK$12.7 per sq ft / monthHK$11.7 per sq ft / month
September 2009HK$3,783 per sq ftHK$3,811 per sq ftHK$13.4 per sq ft / monthHK$12.4 per sq ft / month
October 2009HK$3,778 per sq ftHK$3,806 per sq ftHK$13.4 per sq ft / monthHK$13.0 per sq ft / month
November 2009HK$3,877 per sq ftHK$3,798 per sq ftHK$13.7 per sq ft / monthHK$12.8 per sq ft / month
December 2009HK$3,990 per sq ftHK$3,911 per sq ftHK$14.0 per sq ft / monthHK$12.5 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.