2014: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2014, with charts, monthly records and year-end comparisons.

Reading this year

December 2014 hong kong island class a (under 40 m²) prices: HK$12,836 per sq ft, a +15% 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$60,000HK$80,000HK$100,000HK$120,000HK$140,00020132014
Dec 2014Hong Kong Island Class B (40 to 69.9 m²) pricesHK$138,205Kowloon Class B (40 to 69.9 m²) pricesHK$119,118New Territories Class B (40 to 69.9 m²) pricesHK$88,665

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$200HK$250HK$300HK$350HK$40020132014
Dec 2014Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$377Kowloon Class B (40 to 69.9 m²) monthly rentsHK$318New Territories Class B (40 to 69.9 m²) monthly rentsHK$236

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 2013December 2014December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$11,167 per sq ftHK$12,836 per sq ft+15%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$11,408 per sq ftHK$12,840 per sq ft+12.6%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$15,194 per sq ftHK$14,794 per sq ft-2.6%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$17,234 per sq ftHK$17,180 per sq ft-0.3%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$21,424 per sq ft few transactionsHK$23,578 per sq ft few transactions+10.1%12/12
Kowloon Class A (under 40 m²) pricesHK$8,737 per sq ftHK$10,463 per sq ft+19.8%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$9,502 per sq ftHK$11,066 per sq ft+16.5%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$12,243 per sq ftHK$13,541 per sq ft+10.6%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$15,637 per sq ft few transactionsHK$17,714 per sq ft few transactions+13.3%12/12
Kowloon Class E (160 m² or above) pricesHK$17,925 per sq ft few transactionsHK$17,895 per sq ft few transactions-0.2%11/12
New Territories Class A (under 40 m²) pricesHK$7,735 per sq ftHK$9,386 per sq ft+21.4%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$6,925 per sq ftHK$8,237 per sq ft+18.9%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$8,063 per sq ftHK$8,831 per sq ft+9.5%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$8,418 per sq ftHK$8,257 per sq ft-1.9%12/12
New Territories Class E (160 m² or above) pricesHK$6,874 per sq ft few transactionsHK$7,099 per sq ft+3.3%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$34.7 per sq ft / monthHK$37.3 per sq ft / month+7.2%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$32.0 per sq ft / monthHK$35.0 per sq ft / month+9.6%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$35.9 per sq ft / monthHK$37.3 per sq ft / month+4.1%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$38.2 per sq ft / monthHK$38.0 per sq ft / month-0.5%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$41.8 per sq ft / monthHK$44.4 per sq ft / month+6.2%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$26.7 per sq ft / monthHK$29.9 per sq ft / month+12.2%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$26.5 per sq ft / monthHK$29.5 per sq ft / month+11.6%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$28.2 per sq ft / monthHK$30.9 per sq ft / month+9.5%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$27.2 per sq ft / monthHK$30.5 per sq ft / month+11.9%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$33.5 per sq ft / month few transactionsHK$25.7 per sq ft / month few transactions-23.3%12/12
New Territories Class A (under 40 m²) monthly rentsHK$22.2 per sq ft / monthHK$25.2 per sq ft / month+13.4%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$19.6 per sq ft / monthHK$21.9 per sq ft / month+11.8%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$20.0 per sq ft / monthHK$22.1 per sq ft / month+10.7%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$22.0 per sq ft / monthHK$25.7 per sq ft / month+16.9%12/12
New Territories Class E (160 m² or above) monthly rentsHK$24.8 per sq ft / monthHK$24.1 per sq ft / month-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 2014HK$11,419 per sq ftHK$11,215 per sq ftHK$33.4 per sq ft / monthHK$31.1 per sq ft / month
February 2014HK$11,337 per sq ftHK$11,007 per sq ftHK$35.0 per sq ft / monthHK$31.6 per sq ft / month
March 2014HK$11,359 per sq ftHK$11,838 per sq ftHK$34.3 per sq ft / monthHK$29.8 per sq ft / month
April 2014HK$11,524 per sq ftHK$11,759 per sq ftHK$34.2 per sq ft / monthHK$32.3 per sq ft / month
May 2014HK$11,453 per sq ftHK$11,595 per sq ftHK$34.4 per sq ft / monthHK$31.9 per sq ft / month
June 2014HK$11,685 per sq ftHK$11,638 per sq ftHK$35.7 per sq ft / monthHK$32.8 per sq ft / month
July 2014HK$11,742 per sq ftHK$12,024 per sq ftHK$39.3 per sq ft / monthHK$34.5 per sq ft / month
August 2014HK$12,162 per sq ftHK$12,079 per sq ftHK$40.6 per sq ft / monthHK$35.1 per sq ft / month
September 2014HK$12,407 per sq ftHK$12,458 per sq ftHK$36.0 per sq ft / monthHK$34.1 per sq ft / month
October 2014HK$12,376 per sq ftHK$12,270 per sq ftHK$37.2 per sq ft / monthHK$34.1 per sq ft / month
November 2014HK$12,533 per sq ftHK$12,765 per sq ftHK$37.6 per sq ft / monthHK$34.5 per sq ft / month
December 2014HK$12,836 per sq ftHK$12,840 per sq ftHK$37.3 per sq ft / monthHK$35.0 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 2014HK$8,787 per sq ftHK$9,536 per sq ftHK$26.8 per sq ft / monthHK$26.5 per sq ft / month
February 2014HK$8,912 per sq ftHK$9,234 per sq ftHK$26.1 per sq ft / monthHK$26.3 per sq ft / month
March 2014HK$8,915 per sq ftHK$9,428 per sq ftHK$25.8 per sq ft / monthHK$25.7 per sq ft / month
April 2014HK$9,044 per sq ftHK$9,442 per sq ftHK$27.3 per sq ft / monthHK$26.7 per sq ft / month
May 2014HK$9,425 per sq ftHK$9,819 per sq ftHK$27.4 per sq ft / monthHK$27.2 per sq ft / month
June 2014HK$9,581 per sq ftHK$9,997 per sq ftHK$30.0 per sq ft / monthHK$27.5 per sq ft / month
July 2014HK$9,658 per sq ftHK$10,000 per sq ftHK$30.1 per sq ft / monthHK$27.2 per sq ft / month
August 2014HK$9,890 per sq ftHK$10,492 per sq ftHK$31.0 per sq ft / monthHK$28.6 per sq ft / month
September 2014HK$9,846 per sq ftHK$10,373 per sq ftHK$29.8 per sq ft / monthHK$28.7 per sq ft / month
October 2014HK$10,529 per sq ftHK$10,449 per sq ftHK$30.0 per sq ft / monthHK$29.5 per sq ft / month
November 2014HK$10,422 per sq ftHK$10,562 per sq ftHK$29.0 per sq ft / monthHK$30.5 per sq ft / month
December 2014HK$10,463 per sq ftHK$11,066 per sq ftHK$29.9 per sq ft / monthHK$29.5 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 2014HK$7,782 per sq ftHK$6,796 per sq ftHK$21.2 per sq ft / monthHK$19.7 per sq ft / month
February 2014HK$7,761 per sq ftHK$6,950 per sq ftHK$22.7 per sq ft / monthHK$19.5 per sq ft / month
March 2014HK$7,881 per sq ftHK$7,132 per sq ftHK$21.9 per sq ft / monthHK$19.2 per sq ft / month
April 2014HK$8,047 per sq ftHK$7,114 per sq ftHK$21.9 per sq ft / monthHK$19.0 per sq ft / month
May 2014HK$8,251 per sq ftHK$7,319 per sq ftHK$22.1 per sq ft / monthHK$19.1 per sq ft / month
June 2014HK$8,336 per sq ftHK$7,590 per sq ftHK$22.6 per sq ft / monthHK$19.7 per sq ft / month
July 2014HK$8,545 per sq ftHK$7,707 per sq ftHK$23.5 per sq ft / monthHK$20.0 per sq ft / month
August 2014HK$8,569 per sq ftHK$7,685 per sq ftHK$25.0 per sq ft / monthHK$20.9 per sq ft / month
September 2014HK$8,779 per sq ftHK$7,694 per sq ftHK$24.2 per sq ft / monthHK$20.9 per sq ft / month
October 2014HK$8,900 per sq ftHK$7,833 per sq ftHK$24.7 per sq ft / monthHK$21.4 per sq ft / month
November 2014HK$9,026 per sq ftHK$7,939 per sq ftHK$24.4 per sq ft / monthHK$21.5 per sq ft / month
December 2014HK$9,386 per sq ftHK$8,237 per sq ftHK$25.2 per sq ft / monthHK$21.9 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.