2019: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2019, with charts, monthly records and year-end comparisons.

Reading this year

December 2019 hong kong island class a (under 40 m²) prices: HK$17,010 per sq ft, a +4.6% 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$150,000HK$200,00020182019
Dec 2019Hong Kong Island Class B (40 to 69.9 m²) pricesHK$185,591Kowloon Class B (40 to 69.9 m²) pricesHK$156,321New Territories Class B (40 to 69.9 m²) pricesHK$123,794

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$45020182019
Dec 2019Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$419Kowloon Class B (40 to 69.9 m²) monthly rentsHK$340New Territories Class B (40 to 69.9 m²) monthly rentsHK$265

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 2018December 2019December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$16,265 per sq ftHK$17,010 per sq ft+4.6%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$15,923 per sq ftHK$17,242 per sq ft+8.3%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$18,890 per sq ftHK$20,181 per sq ft+6.8%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$20,204 per sq ft few transactionsHK$21,086 per sq ft+4.4%12/12
Hong Kong Island Class E (160 m² or above) prices—HK$21,700 per sq ft few transactions—12/12
Kowloon Class A (under 40 m²) pricesHK$13,236 per sq ftHK$14,617 per sq ft+10.4%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$13,100 per sq ftHK$14,523 per sq ft+10.9%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$16,826 per sq ftHK$16,077 per sq ft-4.5%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$15,498 per sq ft few transactionsHK$18,168 per sq ft few transactions+17.2%12/12
Kowloon Class E (160 m² or above) prices—HK$24,775 per sq ft few transactions—10/12
New Territories Class A (under 40 m²) pricesHK$12,061 per sq ftHK$13,113 per sq ft+8.7%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$10,399 per sq ftHK$11,501 per sq ft+10.6%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$12,306 per sq ftHK$11,574 per sq ft-5.9%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$11,063 per sq ft few transactionsHK$9,616 per sq ft-13.1%12/12
New Territories Class E (160 m² or above) pricesHK$8,997 per sq ft few transactionsHK$8,915 per sq ft few transactions-0.9%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$45.8 per sq ft / monthHK$43.5 per sq ft / month-5.1%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$39.7 per sq ft / monthHK$38.9 per sq ft / month-1.9%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$40.5 per sq ft / monthHK$40.5 per sq ft / month0%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$41.6 per sq ft / monthHK$40.4 per sq ft / month-2.9%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$43.3 per sq ft / monthHK$38.7 per sq ft / month-10.5%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$36.1 per sq ft / monthHK$35.9 per sq ft / month-0.8%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$33.1 per sq ft / monthHK$31.6 per sq ft / month-4.5%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$35.4 per sq ft / monthHK$35.8 per sq ft / month+1%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$35.4 per sq ft / monthHK$34.9 per sq ft / month-1.3%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$41.6 per sq ft / month few transactionsHK$38.9 per sq ft / month few transactions-6.5%12/12
New Territories Class A (under 40 m²) monthly rentsHK$28.4 per sq ft / monthHK$28.9 per sq ft / month+1.6%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$24.4 per sq ft / monthHK$24.6 per sq ft / month+0.8%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$24.2 per sq ft / monthHK$24.5 per sq ft / month+1.5%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$25.9 per sq ft / monthHK$24.1 per sq ft / month-7.2%12/12
New Territories Class E (160 m² or above) monthly rentsHK$23.7 per sq ft / monthHK$23.7 per sq ft / month few transactions0%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 2019HK$15,147 per sq ftHK$15,910 per sq ftHK$47.3 per sq ft / monthHK$39.2 per sq ft / month
February 2019HK$15,982 per sq ftHK$16,388 per sq ftHK$46.5 per sq ft / monthHK$41.5 per sq ft / month
March 2019HK$16,836 per sq ftHK$16,933 per sq ftHK$45.1 per sq ft / monthHK$40.1 per sq ft / month
April 2019HK$17,288 per sq ftHK$17,358 per sq ftHK$46.4 per sq ft / monthHK$40.1 per sq ft / month
May 2019HK$17,725 per sq ftHK$17,483 per sq ftHK$45.7 per sq ft / monthHK$40.0 per sq ft / month
June 2019HK$16,943 per sq ftHK$17,370 per sq ftHK$48.7 per sq ft / monthHK$39.8 per sq ft / month
July 2019HK$17,647 per sq ftHK$18,553 per sq ftHK$48.4 per sq ft / monthHK$40.9 per sq ft / month
August 2019HK$18,304 per sq ftHK$16,761 per sq ftHK$49.5 per sq ft / monthHK$41.2 per sq ft / month
September 2019HK$16,413 per sq ftHK$16,221 per sq ftHK$47.8 per sq ft / monthHK$40.5 per sq ft / month
October 2019HK$16,702 per sq ftHK$16,733 per sq ftHK$45.6 per sq ft / monthHK$39.1 per sq ft / month
November 2019HK$17,559 per sq ftHK$16,928 per sq ftHK$45.2 per sq ft / monthHK$38.8 per sq ft / month
December 2019HK$17,010 per sq ftHK$17,242 per sq ftHK$43.5 per sq ft / monthHK$38.9 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 2019HK$13,563 per sq ftHK$12,740 per sq ftHK$34.2 per sq ft / monthHK$31.9 per sq ft / month
February 2019HK$13,650 per sq ftHK$13,919 per sq ftHK$34.6 per sq ft / monthHK$32.1 per sq ft / month
March 2019HK$14,288 per sq ftHK$14,379 per sq ftHK$35.4 per sq ft / monthHK$32.8 per sq ft / month
April 2019HK$14,891 per sq ftHK$14,534 per sq ftHK$35.3 per sq ft / monthHK$31.0 per sq ft / month
May 2019HK$15,064 per sq ftHK$14,800 per sq ftHK$35.3 per sq ft / monthHK$33.8 per sq ft / month
June 2019HK$15,183 per sq ftHK$14,209 per sq ftHK$36.7 per sq ft / monthHK$33.2 per sq ft / month
July 2019HK$14,903 per sq ftHK$14,813 per sq ftHK$37.6 per sq ft / monthHK$33.3 per sq ft / month
August 2019HK$14,952 per sq ftHK$13,529 per sq ftHK$38.7 per sq ft / monthHK$33.8 per sq ft / month
September 2019HK$14,648 per sq ftHK$13,804 per sq ftHK$36.5 per sq ft / monthHK$32.5 per sq ft / month
October 2019HK$14,758 per sq ftHK$14,341 per sq ftHK$35.0 per sq ft / monthHK$31.7 per sq ft / month
November 2019HK$14,509 per sq ftHK$14,614 per sq ftHK$36.7 per sq ft / monthHK$31.4 per sq ft / month
December 2019HK$14,617 per sq ftHK$14,523 per sq ftHK$35.9 per sq ft / monthHK$31.6 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 2019HK$12,677 per sq ftHK$10,687 per sq ftHK$27.8 per sq ft / monthHK$24.3 per sq ft / month
February 2019HK$12,735 per sq ftHK$11,521 per sq ftHK$28.5 per sq ft / monthHK$23.7 per sq ft / month
March 2019HK$13,029 per sq ftHK$11,570 per sq ftHK$28.7 per sq ft / monthHK$24.3 per sq ft / month
April 2019HK$13,532 per sq ftHK$11,830 per sq ftHK$28.5 per sq ft / monthHK$24.4 per sq ft / month
May 2019HK$13,747 per sq ftHK$11,938 per sq ftHK$28.6 per sq ft / monthHK$24.7 per sq ft / month
June 2019HK$13,912 per sq ftHK$11,530 per sq ftHK$29.2 per sq ft / monthHK$24.4 per sq ft / month
July 2019HK$13,603 per sq ftHK$11,927 per sq ftHK$30.7 per sq ft / monthHK$25.7 per sq ft / month
August 2019HK$13,295 per sq ftHK$11,393 per sq ftHK$31.1 per sq ft / monthHK$25.8 per sq ft / month
September 2019HK$13,768 per sq ftHK$11,424 per sq ftHK$29.5 per sq ft / monthHK$24.6 per sq ft / month
October 2019HK$13,599 per sq ftHK$11,620 per sq ftHK$28.8 per sq ft / monthHK$24.5 per sq ft / month
November 2019HK$14,038 per sq ftHK$12,330 per sq ftHK$28.9 per sq ft / monthHK$24.1 per sq ft / month
December 2019HK$13,113 per sq ftHK$11,501 per sq ftHK$28.9 per sq ft / monthHK$24.6 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.