2018: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2018, with charts, monthly records and year-end comparisons.

Reading this year

December 2018 hong kong island class a (under 40 m²) prices: HK$16,265 per sq ft, a +6.4% 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$100,000HK$120,000HK$140,000HK$160,000HK$180,000HK$200,00020172018
Dec 2018Hong Kong Island Class B (40 to 69.9 m²) pricesHK$171,390Kowloon Class B (40 to 69.9 m²) pricesHK$141,012New Territories Class B (40 to 69.9 m²) pricesHK$111,932

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$250HK$300HK$350HK$400HK$45020172018
Dec 2018Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$427Kowloon Class B (40 to 69.9 m²) monthly rentsHK$356New Territories Class B (40 to 69.9 m²) monthly rentsHK$263

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 2017December 2018December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$15,287 per sq ftHK$16,265 per sq ft+6.4%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$15,804 per sq ftHK$15,923 per sq ft+0.7%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$18,624 per sq ftHK$18,890 per sq ft+1.4%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$22,329 per sq ftHK$20,204 per sq ft few transactions-9.5%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$26,007 per sq ft few transactions——11/12
Kowloon Class A (under 40 m²) pricesHK$12,870 per sq ftHK$13,236 per sq ft+2.8%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$12,663 per sq ftHK$13,100 per sq ft+3.5%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$14,598 per sq ftHK$16,826 per sq ft+15.3%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$18,086 per sq ftHK$15,498 per sq ft few transactions-14.3%12/12
Kowloon Class E (160 m² or above) pricesHK$22,545 per sq ft few transactions——9/12
New Territories Class A (under 40 m²) pricesHK$12,005 per sq ftHK$12,061 per sq ft+0.5%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$10,482 per sq ftHK$10,399 per sq ft-0.8%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$11,278 per sq ftHK$12,306 per sq ft+9.1%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$10,083 per sq ftHK$11,063 per sq ft few transactions+9.7%12/12
New Territories Class E (160 m² or above) pricesHK$8,313 per sq ft few transactionsHK$8,997 per sq ft few transactions+8.2%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$43.2 per sq ft / monthHK$45.8 per sq ft / month+6%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$38.6 per sq ft / monthHK$39.7 per sq ft / month+2.6%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$42.5 per sq ft / monthHK$40.5 per sq ft / month-4.8%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$43.7 per sq ft / monthHK$41.6 per sq ft / month-4.7%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$40.6 per sq ft / monthHK$43.3 per sq ft / month+6.6%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$34.7 per sq ft / monthHK$36.1 per sq ft / month+4.3%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$32.2 per sq ft / monthHK$33.1 per sq ft / month+2.6%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$33.8 per sq ft / monthHK$35.4 per sq ft / month+4.7%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$33.5 per sq ft / monthHK$35.4 per sq ft / month+5.5%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$23.5 per sq ft / month few transactionsHK$41.6 per sq ft / month few transactions+77.1%11/12
New Territories Class A (under 40 m²) monthly rentsHK$28.3 per sq ft / monthHK$28.4 per sq ft / month+0.3%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$23.9 per sq ft / monthHK$24.4 per sq ft / month+2.3%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$24.4 per sq ft / monthHK$24.2 per sq ft / month-1.1%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$23.8 per sq ft / monthHK$25.9 per sq ft / month+9%12/12
New Territories Class E (160 m² or above) monthly rentsHK$22.3 per sq ft / monthHK$23.7 per sq ft / month+6.3%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 2018HK$15,917 per sq ftHK$15,837 per sq ftHK$43.9 per sq ft / monthHK$39.7 per sq ft / month
February 2018HK$16,022 per sq ftHK$16,291 per sq ftHK$44.3 per sq ft / monthHK$39.7 per sq ft / month
March 2018HK$16,255 per sq ftHK$15,731 per sq ftHK$43.4 per sq ft / monthHK$38.6 per sq ft / month
April 2018HK$17,052 per sq ftHK$16,420 per sq ftHK$43.4 per sq ft / monthHK$38.8 per sq ft / month
May 2018HK$16,850 per sq ftHK$16,486 per sq ftHK$44.0 per sq ft / monthHK$39.0 per sq ft / month
June 2018HK$17,156 per sq ftHK$16,718 per sq ftHK$44.7 per sq ft / monthHK$38.9 per sq ft / month
July 2018HK$17,662 per sq ftHK$17,283 per sq ftHK$45.8 per sq ft / monthHK$40.0 per sq ft / month
August 2018HK$17,351 per sq ftHK$16,715 per sq ftHK$45.9 per sq ft / monthHK$40.4 per sq ft / month
September 2018HK$16,982 per sq ftHK$17,009 per sq ftHK$46.9 per sq ft / monthHK$40.4 per sq ft / month
October 2018HK$17,131 per sq ftHK$16,282 per sq ftHK$46.9 per sq ft / monthHK$41.1 per sq ft / month
November 2018HK$16,282 per sq ftHK$16,284 per sq ftHK$46.7 per sq ft / monthHK$40.2 per sq ft / month
December 2018HK$16,265 per sq ftHK$15,923 per sq ftHK$45.8 per sq ft / monthHK$39.7 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 2018HK$13,077 per sq ftHK$13,126 per sq ftHK$36.2 per sq ft / monthHK$32.1 per sq ft / month
February 2018HK$13,730 per sq ftHK$13,604 per sq ftHK$35.9 per sq ft / monthHK$32.9 per sq ft / month
March 2018HK$13,878 per sq ftHK$13,693 per sq ftHK$35.6 per sq ft / monthHK$32.7 per sq ft / month
April 2018HK$13,876 per sq ftHK$13,827 per sq ftHK$35.5 per sq ft / monthHK$31.3 per sq ft / month
May 2018HK$14,134 per sq ftHK$14,114 per sq ftHK$35.1 per sq ft / monthHK$33.3 per sq ft / month
June 2018HK$14,872 per sq ftHK$14,570 per sq ftHK$36.0 per sq ft / monthHK$32.1 per sq ft / month
July 2018HK$14,558 per sq ftHK$13,293 per sq ftHK$36.4 per sq ft / monthHK$32.4 per sq ft / month
August 2018HK$14,594 per sq ftHK$14,104 per sq ftHK$38.1 per sq ft / monthHK$34.0 per sq ft / month
September 2018HK$13,769 per sq ftHK$13,544 per sq ftHK$36.2 per sq ft / monthHK$33.0 per sq ft / month
October 2018HK$13,130 per sq ftHK$12,363 per sq ftHK$36.2 per sq ft / monthHK$33.8 per sq ft / month
November 2018HK$12,741 per sq ftHK$13,120 per sq ftHK$36.6 per sq ft / monthHK$33.0 per sq ft / month
December 2018HK$13,236 per sq ftHK$13,100 per sq ftHK$36.1 per sq ft / monthHK$33.1 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 2018HK$12,270 per sq ftHK$10,717 per sq ftHK$27.7 per sq ft / monthHK$23.8 per sq ft / month
February 2018HK$12,262 per sq ftHK$10,951 per sq ftHK$28.3 per sq ft / monthHK$24.3 per sq ft / month
March 2018HK$12,549 per sq ftHK$10,818 per sq ftHK$28.1 per sq ft / monthHK$24.2 per sq ft / month
April 2018HK$12,976 per sq ftHK$11,099 per sq ftHK$28.2 per sq ft / monthHK$24.2 per sq ft / month
May 2018HK$13,114 per sq ftHK$11,440 per sq ftHK$29.0 per sq ft / monthHK$24.6 per sq ft / month
June 2018HK$13,702 per sq ftHK$11,957 per sq ftHK$29.9 per sq ft / monthHK$24.6 per sq ft / month
July 2018HK$13,375 per sq ftHK$11,782 per sq ftHK$30.0 per sq ft / monthHK$25.3 per sq ft / month
August 2018HK$13,392 per sq ftHK$11,580 per sq ftHK$30.5 per sq ft / monthHK$25.6 per sq ft / month
September 2018HK$13,195 per sq ftHK$10,991 per sq ftHK$28.7 per sq ft / monthHK$25.3 per sq ft / month
October 2018HK$12,837 per sq ftHK$10,617 per sq ftHK$29.5 per sq ft / monthHK$25.1 per sq ft / month
November 2018HK$12,313 per sq ftHK$10,506 per sq ftHK$28.7 per sq ft / monthHK$25.4 per sq ft / month
December 2018HK$12,061 per sq ftHK$10,399 per sq ftHK$28.4 per sq ft / monthHK$24.4 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.