2016: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2016, with charts, monthly records and year-end comparisons.

Reading this year

December 2016 hong kong island class a (under 40 m²) prices: HK$13,175 per sq ft, a +4.8% 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$80,000HK$100,000HK$120,000HK$140,000HK$160,00020152016
Dec 2016Hong Kong Island Class B (40 to 69.9 m²) pricesHK$149,356Kowloon Class B (40 to 69.9 m²) pricesHK$123,792New Territories Class B (40 to 69.9 m²) pricesHK$97,830

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$40020152016
Dec 2016Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$387Kowloon Class B (40 to 69.9 m²) monthly rentsHK$311New Territories Class B (40 to 69.9 m²) monthly rentsHK$239

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 2015December 2016December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$12,572 per sq ftHK$13,175 per sq ft+4.8%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$12,702 per sq ftHK$13,876 per sq ft+9.2%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$14,276 per sq ftHK$14,851 per sq ft+4%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$19,277 per sq ftHK$19,729 per sq ft+2.3%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$22,204 per sq ft few transactionsHK$26,084 per sq ft few transactions+17.5%12/12
Kowloon Class A (under 40 m²) pricesHK$10,041 per sq ftHK$10,806 per sq ft+7.6%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$10,056 per sq ftHK$11,501 per sq ft+14.4%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$11,875 per sq ftHK$13,427 per sq ft+13.1%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$13,457 per sq ft few transactionsHK$18,237 per sq ft few transactions+35.5%12/12
Kowloon Class E (160 m² or above) pricesHK$21,606 per sq ft few transactionsHK$20,087 per sq ft few transactions-7%11/12
New Territories Class A (under 40 m²) pricesHK$9,391 per sq ftHK$10,414 per sq ft+10.9%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$8,161 per sq ftHK$9,089 per sq ft+11.4%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$9,125 per sq ftHK$9,267 per sq ft+1.6%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$8,700 per sq ftHK$8,789 per sq ft+1%12/12
New Territories Class E (160 m² or above) pricesHK$7,438 per sq ft few transactionsHK$6,547 per sq ft few transactions-12%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$40.2 per sq ft / monthHK$37.6 per sq ft / month-6.5%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$35.2 per sq ft / monthHK$36.0 per sq ft / month+2.1%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$38.3 per sq ft / monthHK$35.6 per sq ft / month-7%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$40.3 per sq ft / monthHK$39.8 per sq ft / month-1.4%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$42.2 per sq ft / monthHK$41.2 per sq ft / month-2.4%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$30.0 per sq ft / monthHK$31.6 per sq ft / month+5.3%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$28.1 per sq ft / monthHK$28.9 per sq ft / month+2.6%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$29.8 per sq ft / monthHK$32.3 per sq ft / month+8.4%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$29.4 per sq ft / monthHK$29.5 per sq ft / month+0.6%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$27.5 per sq ft / month few transactionsHK$29.2 per sq ft / month few transactions+6.1%12/12
New Territories Class A (under 40 m²) monthly rentsHK$24.4 per sq ft / monthHK$26.5 per sq ft / month+8.4%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$21.4 per sq ft / monthHK$22.2 per sq ft / month+3.9%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$22.9 per sq ft / monthHK$22.8 per sq ft / month-0.8%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$23.6 per sq ft / monthHK$24.5 per sq ft / month+3.9%12/12
New Territories Class E (160 m² or above) monthly rentsHK$23.0 per sq ft / month few transactionsHK$21.6 per sq ft / month few transactions-6%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 2016HK$12,677 per sq ftHK$13,344 per sq ftHK$40.1 per sq ft / monthHK$33.9 per sq ft / month
February 2016HK$11,615 per sq ftHK$12,262 per sq ftHK$37.8 per sq ft / monthHK$33.5 per sq ft / month
March 2016HK$11,865 per sq ftHK$12,419 per sq ftHK$36.8 per sq ft / monthHK$32.8 per sq ft / month
April 2016HK$12,025 per sq ftHK$12,293 per sq ftHK$35.8 per sq ft / monthHK$33.0 per sq ft / month
May 2016HK$12,403 per sq ftHK$12,473 per sq ftHK$37.0 per sq ft / monthHK$33.8 per sq ft / month
June 2016HK$12,138 per sq ftHK$12,538 per sq ftHK$38.9 per sq ft / monthHK$34.8 per sq ft / month
July 2016HK$12,549 per sq ftHK$12,517 per sq ftHK$39.7 per sq ft / monthHK$35.6 per sq ft / month
August 2016HK$12,909 per sq ftHK$13,022 per sq ftHK$39.9 per sq ft / monthHK$35.0 per sq ft / month
September 2016HK$13,174 per sq ftHK$13,411 per sq ftHK$39.2 per sq ft / monthHK$35.0 per sq ft / month
October 2016HK$13,499 per sq ftHK$13,579 per sq ftHK$39.2 per sq ft / monthHK$35.2 per sq ft / month
November 2016HK$13,333 per sq ftHK$13,649 per sq ftHK$38.1 per sq ft / monthHK$35.1 per sq ft / month
December 2016HK$13,175 per sq ftHK$13,876 per sq ftHK$37.6 per sq ft / monthHK$36.0 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 2016HK$9,664 per sq ftHK$10,133 per sq ftHK$29.2 per sq ft / monthHK$27.8 per sq ft / month
February 2016HK$9,987 per sq ftHK$10,233 per sq ftHK$28.6 per sq ft / monthHK$26.8 per sq ft / month
March 2016HK$9,636 per sq ftHK$10,411 per sq ftHK$28.1 per sq ft / monthHK$27.8 per sq ft / month
April 2016HK$9,881 per sq ftHK$10,340 per sq ftHK$28.8 per sq ft / monthHK$26.6 per sq ft / month
May 2016HK$10,055 per sq ftHK$10,374 per sq ftHK$28.8 per sq ft / monthHK$26.8 per sq ft / month
June 2016HK$10,133 per sq ftHK$10,286 per sq ftHK$29.6 per sq ft / monthHK$27.4 per sq ft / month
July 2016HK$10,168 per sq ftHK$10,915 per sq ftHK$33.0 per sq ft / monthHK$28.5 per sq ft / month
August 2016HK$10,709 per sq ftHK$10,670 per sq ftHK$32.0 per sq ft / monthHK$28.7 per sq ft / month
September 2016HK$10,801 per sq ftHK$11,241 per sq ftHK$31.0 per sq ft / monthHK$28.8 per sq ft / month
October 2016HK$11,062 per sq ftHK$11,426 per sq ftHK$31.4 per sq ft / monthHK$29.2 per sq ft / month
November 2016HK$10,961 per sq ftHK$10,634 per sq ftHK$31.6 per sq ft / monthHK$29.5 per sq ft / month
December 2016HK$10,806 per sq ftHK$11,501 per sq ftHK$31.6 per sq ft / monthHK$28.9 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 2016HK$8,979 per sq ftHK$7,744 per sq ftHK$23.7 per sq ft / monthHK$20.8 per sq ft / month
February 2016HK$8,925 per sq ftHK$7,759 per sq ftHK$23.1 per sq ft / monthHK$20.6 per sq ft / month
March 2016HK$8,914 per sq ftHK$7,969 per sq ftHK$23.1 per sq ft / monthHK$20.3 per sq ft / month
April 2016HK$9,083 per sq ftHK$8,180 per sq ftHK$22.4 per sq ft / monthHK$19.9 per sq ft / month
May 2016HK$9,054 per sq ftHK$8,230 per sq ftHK$23.3 per sq ft / monthHK$20.3 per sq ft / month
June 2016HK$9,151 per sq ftHK$8,247 per sq ftHK$24.3 per sq ft / monthHK$20.0 per sq ft / month
July 2016HK$9,189 per sq ftHK$8,450 per sq ftHK$25.7 per sq ft / monthHK$21.1 per sq ft / month
August 2016HK$9,697 per sq ftHK$8,640 per sq ftHK$26.2 per sq ft / monthHK$21.6 per sq ft / month
September 2016HK$9,939 per sq ftHK$9,007 per sq ftHK$25.3 per sq ft / monthHK$21.1 per sq ft / month
October 2016HK$10,029 per sq ftHK$9,195 per sq ftHK$25.8 per sq ft / monthHK$21.8 per sq ft / month
November 2016HK$10,295 per sq ftHK$8,875 per sq ftHK$25.9 per sq ft / monthHK$22.6 per sq ft / month
December 2016HK$10,414 per sq ftHK$9,089 per sq ftHK$26.5 per sq ft / monthHK$22.2 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.