2017: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2017, with charts, monthly records and year-end comparisons.

Reading this year

December 2017 hong kong island class a (under 40 m²) prices: HK$15,287 per sq ft, a +16% 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$160,000HK$180,00020162017
Dec 2017Hong Kong Island Class B (40 to 69.9 m²) pricesHK$170,118Kowloon Class B (40 to 69.9 m²) pricesHK$136,298New Territories Class B (40 to 69.9 m²) pricesHK$112,829

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$400HK$45020162017
Dec 2017Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$416Kowloon Class B (40 to 69.9 m²) monthly rentsHK$347New Territories Class B (40 to 69.9 m²) monthly rentsHK$257

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 2016December 2017December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$13,175 per sq ftHK$15,287 per sq ft+16%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$13,876 per sq ftHK$15,804 per sq ft+13.9%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$14,851 per sq ftHK$18,624 per sq ft+25.4%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$19,729 per sq ftHK$22,329 per sq ft+13.2%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$26,084 per sq ft few transactionsHK$26,007 per sq ft few transactions-0.3%12/12
Kowloon Class A (under 40 m²) pricesHK$10,806 per sq ftHK$12,870 per sq ft+19.1%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$11,501 per sq ftHK$12,663 per sq ft+10.1%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$13,427 per sq ftHK$14,598 per sq ft+8.7%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$18,237 per sq ft few transactionsHK$18,086 per sq ft-0.8%12/12
Kowloon Class E (160 m² or above) pricesHK$20,087 per sq ft few transactionsHK$22,545 per sq ft few transactions+12.2%11/12
New Territories Class A (under 40 m²) pricesHK$10,414 per sq ftHK$12,005 per sq ft+15.3%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$9,089 per sq ftHK$10,482 per sq ft+15.3%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$9,267 per sq ftHK$11,278 per sq ft+21.7%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$8,789 per sq ftHK$10,083 per sq ft+14.7%12/12
New Territories Class E (160 m² or above) pricesHK$6,547 per sq ft few transactionsHK$8,313 per sq ft few transactions+27%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$37.6 per sq ft / monthHK$43.2 per sq ft / month+14.8%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$36.0 per sq ft / monthHK$38.6 per sq ft / month+7.5%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$35.6 per sq ft / monthHK$42.5 per sq ft / month+19.6%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$39.8 per sq ft / monthHK$43.7 per sq ft / month+9.8%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$41.2 per sq ft / monthHK$40.6 per sq ft / month-1.4%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$31.6 per sq ft / monthHK$34.7 per sq ft / month+9.7%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$28.9 per sq ft / monthHK$32.2 per sq ft / month+11.6%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$32.3 per sq ft / monthHK$33.8 per sq ft / month+4.6%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$29.5 per sq ft / monthHK$33.5 per sq ft / month+13.5%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$29.2 per sq ft / month few transactionsHK$23.5 per sq ft / month few transactions-19.4%12/12
New Territories Class A (under 40 m²) monthly rentsHK$26.5 per sq ft / monthHK$28.3 per sq ft / month+7%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$22.2 per sq ft / monthHK$23.9 per sq ft / month+7.5%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$22.8 per sq ft / monthHK$24.4 per sq ft / month+7.3%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$24.5 per sq ft / monthHK$23.8 per sq ft / month-3%12/12
New Territories Class E (160 m² or above) monthly rentsHK$21.6 per sq ft / month few transactionsHK$22.3 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 2017HK$13,874 per sq ftHK$13,865 per sq ftHK$39.4 per sq ft / monthHK$35.9 per sq ft / month
February 2017HK$13,557 per sq ftHK$14,025 per sq ftHK$40.3 per sq ft / monthHK$37.7 per sq ft / month
March 2017HK$14,180 per sq ftHK$14,253 per sq ftHK$40.3 per sq ft / monthHK$36.5 per sq ft / month
April 2017HK$14,923 per sq ftHK$15,029 per sq ftHK$39.7 per sq ft / monthHK$36.7 per sq ft / month
May 2017HK$14,811 per sq ftHK$15,096 per sq ftHK$40.7 per sq ft / monthHK$36.9 per sq ft / month
June 2017HK$14,314 per sq ftHK$15,857 per sq ftHK$42.2 per sq ft / monthHK$36.9 per sq ft / month
July 2017HK$14,992 per sq ftHK$14,682 per sq ftHK$43.6 per sq ft / monthHK$37.2 per sq ft / month
August 2017HK$15,265 per sq ftHK$15,100 per sq ftHK$42.7 per sq ft / monthHK$38.3 per sq ft / month
September 2017HK$14,720 per sq ftHK$14,907 per sq ftHK$42.7 per sq ft / monthHK$37.3 per sq ft / month
October 2017HK$14,745 per sq ftHK$14,917 per sq ftHK$42.7 per sq ft / monthHK$38.3 per sq ft / month
November 2017HK$15,257 per sq ftHK$15,465 per sq ftHK$43.5 per sq ft / monthHK$38.3 per sq ft / month
December 2017HK$15,287 per sq ftHK$15,804 per sq ftHK$43.2 per sq ft / monthHK$38.6 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 2017HK$11,332 per sq ftHK$11,036 per sq ftHK$30.8 per sq ft / monthHK$29.5 per sq ft / month
February 2017HK$11,323 per sq ftHK$11,994 per sq ftHK$31.5 per sq ft / monthHK$29.2 per sq ft / month
March 2017HK$11,664 per sq ftHK$12,169 per sq ftHK$31.4 per sq ft / monthHK$29.6 per sq ft / month
April 2017HK$12,318 per sq ftHK$12,515 per sq ftHK$32.2 per sq ft / monthHK$29.0 per sq ft / month
May 2017HK$11,873 per sq ftHK$11,620 per sq ftHK$31.1 per sq ft / monthHK$30.3 per sq ft / month
June 2017HK$11,947 per sq ftHK$11,656 per sq ftHK$33.5 per sq ft / monthHK$29.9 per sq ft / month
July 2017HK$11,945 per sq ftHK$12,106 per sq ftHK$33.3 per sq ft / monthHK$30.2 per sq ft / month
August 2017HK$12,053 per sq ftHK$11,872 per sq ftHK$33.7 per sq ft / monthHK$31.3 per sq ft / month
September 2017HK$12,252 per sq ftHK$12,362 per sq ftHK$33.2 per sq ft / monthHK$30.8 per sq ft / month
October 2017HK$12,451 per sq ftHK$12,333 per sq ftHK$34.0 per sq ft / monthHK$30.7 per sq ft / month
November 2017HK$12,686 per sq ftHK$12,789 per sq ftHK$33.9 per sq ft / monthHK$31.3 per sq ft / month
December 2017HK$12,870 per sq ftHK$12,663 per sq ftHK$34.7 per sq ft / monthHK$32.2 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 2017HK$10,441 per sq ftHK$9,165 per sq ftHK$25.8 per sq ft / monthHK$22.5 per sq ft / month
February 2017HK$10,780 per sq ftHK$9,372 per sq ftHK$26.1 per sq ft / monthHK$22.3 per sq ft / month
March 2017HK$11,038 per sq ftHK$9,742 per sq ftHK$26.3 per sq ft / monthHK$22.4 per sq ft / month
April 2017HK$11,431 per sq ftHK$10,086 per sq ftHK$26.7 per sq ft / monthHK$22.9 per sq ft / month
May 2017HK$11,241 per sq ftHK$9,732 per sq ftHK$26.9 per sq ft / monthHK$22.9 per sq ft / month
June 2017HK$11,065 per sq ftHK$9,915 per sq ftHK$27.3 per sq ft / monthHK$22.9 per sq ft / month
July 2017HK$11,132 per sq ftHK$9,421 per sq ftHK$27.4 per sq ft / monthHK$23.4 per sq ft / month
August 2017HK$11,246 per sq ftHK$9,651 per sq ftHK$28.5 per sq ft / monthHK$23.9 per sq ft / month
September 2017HK$11,368 per sq ftHK$10,046 per sq ftHK$27.7 per sq ft / monthHK$23.3 per sq ft / month
October 2017HK$11,571 per sq ftHK$10,041 per sq ftHK$28.4 per sq ft / monthHK$23.7 per sq ft / month
November 2017HK$11,645 per sq ftHK$10,509 per sq ftHK$28.9 per sq ft / monthHK$24.0 per sq ft / month
December 2017HK$12,005 per sq ftHK$10,482 per sq ftHK$28.3 per sq ft / monthHK$23.9 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.