2011: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2011, with charts, monthly records and year-end comparisons.

Reading this year

December 2011 hong kong island class a (under 40 m²) prices: HK$8,688 per sq ft, a +11.9% 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$40,000HK$60,000HK$80,000HK$100,000HK$120,00020102011
Dec 2011Hong Kong Island Class B (40 to 69.9 m²) pricesHK$100,361Kowloon Class B (40 to 69.9 m²) pricesHK$77,573New Territories Class B (40 to 69.9 m²) pricesHK$53,632

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$150HK$200HK$250HK$300HK$35020102011
Dec 2011Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$301Kowloon Class B (40 to 69.9 m²) monthly rentsHK$232New Territories Class B (40 to 69.9 m²) monthly rentsHK$168

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 2010December 2011December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$7,766 per sq ftHK$8,688 per sq ft+11.9%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$8,542 per sq ftHK$9,324 per sq ft+9.2%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$11,286 per sq ftHK$11,695 per sq ft+3.6%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$16,210 per sq ftHK$15,726 per sq ft-3%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$17,757 per sq ftHK$26,553 per sq ft few transactions+49.5%12/12
Kowloon Class A (under 40 m²) pricesHK$5,594 per sq ftHK$6,215 per sq ft+11.1%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$7,061 per sq ftHK$7,207 per sq ft+2.1%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$12,214 per sq ftHK$10,071 per sq ft-17.5%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$12,323 per sq ftHK$12,663 per sq ft+2.8%12/12
Kowloon Class E (160 m² or above) pricesHK$10,544 per sq ft few transactionsHK$19,526 per sq ft few transactions+85.2%11/12
New Territories Class A (under 40 m²) pricesHK$4,974 per sq ftHK$5,249 per sq ft+5.5%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$4,787 per sq ftHK$4,983 per sq ft+4.1%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$5,814 per sq ftHK$6,129 per sq ft+5.4%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$6,331 per sq ftHK$6,253 per sq ft-1.2%12/12
New Territories Class E (160 m² or above) pricesHK$6,051 per sq ft few transactionsHK$4,688 per sq ft few transactions-22.5%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$26.8 per sq ft / monthHK$28.2 per sq ft / month+5.6%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$26.1 per sq ft / monthHK$28.0 per sq ft / month+7.1%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$32.2 per sq ft / monthHK$32.4 per sq ft / month+0.6%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$33.0 per sq ft / monthHK$35.4 per sq ft / month+7.3%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$40.8 per sq ft / monthHK$41.3 per sq ft / month+1.4%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$19.6 per sq ft / monthHK$21.6 per sq ft / month+10.4%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$21.8 per sq ft / monthHK$21.6 per sq ft / month-1.3%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$25.7 per sq ft / monthHK$24.3 per sq ft / month-5.4%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$25.6 per sq ft / monthHK$27.1 per sq ft / month+5.8%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$31.8 per sq ft / month few transactionsHK$27.9 per sq ft / month few transactions-12.3%12/12
New Territories Class A (under 40 m²) monthly rentsHK$16.4 per sq ft / monthHK$17.5 per sq ft / month+6.2%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$15.2 per sq ft / monthHK$15.6 per sq ft / month+2.4%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$16.5 per sq ft / monthHK$18.1 per sq ft / month+9.6%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$22.4 per sq ft / monthHK$22.9 per sq ft / month+2.5%12/12
New Territories Class E (160 m² or above) monthly rentsHK$27.2 per sq ft / month few transactionsHK$22.8 per sq ft / month-16.4%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 2011HK$8,215 per sq ftHK$8,963 per sq ftHK$26.3 per sq ft / monthHK$25.9 per sq ft / month
February 2011HK$8,672 per sq ftHK$9,221 per sq ftHK$27.0 per sq ft / monthHK$27.7 per sq ft / month
March 2011HK$8,624 per sq ftHK$9,383 per sq ftHK$26.6 per sq ft / monthHK$26.2 per sq ft / month
April 2011HK$8,890 per sq ftHK$9,566 per sq ftHK$28.0 per sq ft / monthHK$28.1 per sq ft / month
May 2011HK$8,809 per sq ftHK$9,957 per sq ftHK$28.1 per sq ft / monthHK$27.6 per sq ft / month
June 2011HK$8,871 per sq ftHK$9,956 per sq ftHK$31.2 per sq ft / monthHK$30.3 per sq ft / month
July 2011HK$8,624 per sq ftHK$9,503 per sq ftHK$36.3 per sq ft / monthHK$32.4 per sq ft / month
August 2011HK$8,699 per sq ftHK$9,723 per sq ftHK$35.5 per sq ft / monthHK$31.8 per sq ft / month
September 2011HK$8,890 per sq ftHK$9,781 per sq ftHK$30.3 per sq ft / monthHK$29.8 per sq ft / month
October 2011HK$8,631 per sq ftHK$9,138 per sq ftHK$30.5 per sq ft / monthHK$29.0 per sq ft / month
November 2011HK$8,952 per sq ftHK$9,524 per sq ftHK$29.1 per sq ft / monthHK$28.6 per sq ft / month
December 2011HK$8,688 per sq ftHK$9,324 per sq ftHK$28.2 per sq ft / monthHK$28.0 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 2011HK$6,001 per sq ftHK$7,683 per sq ftHK$19.6 per sq ft / monthHK$20.8 per sq ft / month
February 2011HK$6,232 per sq ftHK$7,876 per sq ftHK$20.1 per sq ft / monthHK$22.5 per sq ft / month
March 2011HK$6,206 per sq ftHK$7,576 per sq ftHK$21.2 per sq ft / monthHK$22.3 per sq ft / month
April 2011HK$6,308 per sq ftHK$7,707 per sq ftHK$20.8 per sq ft / monthHK$22.5 per sq ft / month
May 2011HK$6,404 per sq ftHK$7,691 per sq ftHK$21.2 per sq ft / monthHK$22.1 per sq ft / month
June 2011HK$6,551 per sq ftHK$7,739 per sq ftHK$21.9 per sq ft / monthHK$21.8 per sq ft / month
July 2011HK$6,222 per sq ftHK$7,355 per sq ftHK$24.3 per sq ft / monthHK$22.5 per sq ft / month
August 2011HK$6,392 per sq ftHK$7,363 per sq ftHK$24.3 per sq ft / monthHK$22.9 per sq ft / month
September 2011HK$6,490 per sq ftHK$7,813 per sq ftHK$23.4 per sq ft / monthHK$23.0 per sq ft / month
October 2011HK$6,230 per sq ftHK$7,332 per sq ftHK$25.8 per sq ft / monthHK$22.9 per sq ft / month
November 2011HK$6,246 per sq ftHK$7,340 per sq ftHK$22.1 per sq ft / monthHK$22.6 per sq ft / month
December 2011HK$6,215 per sq ftHK$7,207 per sq ftHK$21.6 per sq ft / monthHK$21.6 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 2011HK$5,191 per sq ftHK$5,123 per sq ftHK$16.3 per sq ft / monthHK$14.5 per sq ft / month
February 2011HK$5,285 per sq ftHK$5,179 per sq ftHK$16.3 per sq ft / monthHK$15.0 per sq ft / month
March 2011HK$5,290 per sq ftHK$5,119 per sq ftHK$16.6 per sq ft / monthHK$15.4 per sq ft / month
April 2011HK$5,472 per sq ftHK$5,178 per sq ftHK$16.3 per sq ft / monthHK$15.5 per sq ft / month
May 2011HK$5,575 per sq ftHK$5,389 per sq ftHK$16.7 per sq ft / monthHK$15.0 per sq ft / month
June 2011HK$5,563 per sq ftHK$5,387 per sq ftHK$17.3 per sq ft / monthHK$15.5 per sq ft / month
July 2011HK$5,480 per sq ftHK$5,194 per sq ftHK$17.2 per sq ft / monthHK$15.7 per sq ft / month
August 2011HK$5,639 per sq ftHK$5,407 per sq ftHK$17.8 per sq ft / monthHK$16.0 per sq ft / month
September 2011HK$5,605 per sq ftHK$5,487 per sq ftHK$17.5 per sq ft / monthHK$16.2 per sq ft / month
October 2011HK$5,300 per sq ftHK$5,219 per sq ftHK$17.4 per sq ft / monthHK$16.3 per sq ft / month
November 2011HK$5,199 per sq ftHK$5,109 per sq ftHK$17.7 per sq ft / monthHK$16.1 per sq ft / month
December 2011HK$5,249 per sq ftHK$4,983 per sq ftHK$17.5 per sq ft / monthHK$15.6 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.