2020: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2020, with charts, monthly records and year-end comparisons.

Reading this year

December 2020 hong kong island class a (under 40 m²) prices: HK$16,925 per sq ft, a -0.5% 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$120,000HK$140,000HK$160,000HK$180,000HK$200,00020192020
Dec 2020Hong Kong Island Class B (40 to 69.9 m²) pricesHK$180,803Kowloon Class B (40 to 69.9 m²) pricesHK$161,331New Territories Class B (40 to 69.9 m²) pricesHK$132,295

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$45020192020
Dec 2020Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$389Kowloon Class B (40 to 69.9 m²) monthly rentsHK$327New Territories Class B (40 to 69.9 m²) monthly rentsHK$258

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 2019December 2020December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$17,010 per sq ftHK$16,925 per sq ft-0.5%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$17,242 per sq ftHK$16,797 per sq ft-2.6%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$20,181 per sq ftHK$18,520 per sq ft-8.2%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$21,086 per sq ftHK$22,301 per sq ft+5.8%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$21,700 per sq ft few transactionsHK$25,319 per sq ft few transactions+16.7%12/12
Kowloon Class A (under 40 m²) pricesHK$14,617 per sq ftHK$15,138 per sq ft+3.6%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$14,523 per sq ftHK$14,988 per sq ft+3.2%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$16,077 per sq ftHK$16,688 per sq ft+3.8%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$18,168 per sq ft few transactionsHK$20,824 per sq ft few transactions+14.6%12/12
Kowloon Class E (160 m² or above) pricesHK$24,775 per sq ft few transactionsHK$25,664 per sq ft few transactions+3.6%11/12
New Territories Class A (under 40 m²) pricesHK$13,113 per sq ftHK$13,653 per sq ft+4.1%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$11,501 per sq ftHK$12,291 per sq ft+6.9%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$11,574 per sq ftHK$12,328 per sq ft+6.5%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$9,616 per sq ftHK$11,286 per sq ft+17.4%12/12
New Territories Class E (160 m² or above) pricesHK$8,915 per sq ft few transactionsHK$8,369 per sq ft-6.1%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$43.5 per sq ft / monthHK$39.7 per sq ft / month-8.8%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$38.9 per sq ft / monthHK$36.1 per sq ft / month-7.2%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$40.5 per sq ft / monthHK$35.6 per sq ft / month-12.2%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$40.4 per sq ft / monthHK$38.4 per sq ft / month-5.1%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$38.7 per sq ft / monthHK$40.5 per sq ft / month+4.6%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$35.9 per sq ft / monthHK$33.6 per sq ft / month-6.2%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$31.6 per sq ft / monthHK$30.4 per sq ft / month-3.8%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$35.8 per sq ft / monthHK$31.8 per sq ft / month-11.2%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$34.9 per sq ft / monthHK$32.4 per sq ft / month-7.2%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$38.9 per sq ft / month few transactionsHK$37.7 per sq ft / month few transactions-3.1%11/12
New Territories Class A (under 40 m²) monthly rentsHK$28.9 per sq ft / monthHK$28.1 per sq ft / month-2.6%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$24.6 per sq ft / monthHK$24.0 per sq ft / month-2.6%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$24.5 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$24.1 per sq ft / monthHK$25.7 per sq ft / month+6.9%12/12
New Territories Class E (160 m² or above) monthly rentsHK$23.7 per sq ft / month few transactionsHK$20.4 per sq ft / month-13.7%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 2020HK$17,341 per sq ftHK$16,967 per sq ftHK$43.2 per sq ft / monthHK$38.5 per sq ft / month
February 2020HK$17,538 per sq ftHK$17,014 per sq ftHK$42.5 per sq ft / monthHK$38.8 per sq ft / month
March 2020HK$17,296 per sq ftHK$16,837 per sq ftHK$41.8 per sq ft / monthHK$36.8 per sq ft / month
April 2020HK$17,282 per sq ftHK$16,715 per sq ftHK$40.5 per sq ft / monthHK$36.9 per sq ft / month
May 2020HK$17,649 per sq ftHK$17,207 per sq ftHK$39.8 per sq ft / monthHK$36.0 per sq ft / month
June 2020HK$17,338 per sq ftHK$17,274 per sq ftHK$42.4 per sq ft / monthHK$36.4 per sq ft / month
July 2020HK$17,700 per sq ftHK$17,063 per sq ftHK$42.8 per sq ft / monthHK$36.5 per sq ft / month
August 2020HK$17,370 per sq ftHK$16,943 per sq ftHK$41.4 per sq ft / monthHK$36.5 per sq ft / month
September 2020HK$17,272 per sq ftHK$16,582 per sq ftHK$41.1 per sq ft / monthHK$36.0 per sq ft / month
October 2020HK$17,283 per sq ftHK$17,045 per sq ftHK$41.2 per sq ft / monthHK$36.0 per sq ft / month
November 2020HK$17,378 per sq ftHK$16,893 per sq ftHK$40.0 per sq ft / monthHK$36.3 per sq ft / month
December 2020HK$16,925 per sq ftHK$16,797 per sq ftHK$39.7 per sq ft / monthHK$36.1 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 2020HK$15,033 per sq ftHK$14,390 per sq ftHK$35.3 per sq ft / monthHK$30.9 per sq ft / month
February 2020HK$14,627 per sq ftHK$14,774 per sq ftHK$35.7 per sq ft / monthHK$30.9 per sq ft / month
March 2020HK$14,933 per sq ftHK$14,543 per sq ftHK$34.1 per sq ft / monthHK$31.3 per sq ft / month
April 2020HK$15,038 per sq ftHK$14,661 per sq ftHK$34.1 per sq ft / monthHK$30.3 per sq ft / month
May 2020HK$15,531 per sq ftHK$15,113 per sq ftHK$33.5 per sq ft / monthHK$30.4 per sq ft / month
June 2020HK$15,097 per sq ftHK$14,926 per sq ftHK$35.1 per sq ft / monthHK$31.3 per sq ft / month
July 2020HK$15,500 per sq ftHK$15,472 per sq ftHK$35.0 per sq ft / monthHK$30.7 per sq ft / month
August 2020HK$14,673 per sq ftHK$14,956 per sq ftHK$34.7 per sq ft / monthHK$30.9 per sq ft / month
September 2020HK$15,579 per sq ftHK$15,137 per sq ftHK$34.4 per sq ft / monthHK$30.0 per sq ft / month
October 2020HK$14,954 per sq ftHK$15,007 per sq ftHK$33.9 per sq ft / monthHK$30.5 per sq ft / month
November 2020HK$15,319 per sq ftHK$14,489 per sq ftHK$34.2 per sq ft / monthHK$30.3 per sq ft / month
December 2020HK$15,138 per sq ftHK$14,988 per sq ftHK$33.6 per sq ft / monthHK$30.4 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 2020HK$13,596 per sq ftHK$12,019 per sq ftHK$27.3 per sq ft / monthHK$24.2 per sq ft / month
February 2020HK$13,554 per sq ftHK$11,875 per sq ftHK$28.0 per sq ft / monthHK$24.2 per sq ft / month
March 2020HK$13,805 per sq ftHK$12,131 per sq ftHK$27.8 per sq ft / monthHK$22.9 per sq ft / month
April 2020HK$14,096 per sq ftHK$11,991 per sq ftHK$26.5 per sq ft / monthHK$23.1 per sq ft / month
May 2020HK$14,277 per sq ftHK$12,474 per sq ftHK$27.3 per sq ft / monthHK$23.4 per sq ft / month
June 2020HK$14,028 per sq ftHK$12,201 per sq ftHK$27.7 per sq ft / monthHK$23.3 per sq ft / month
July 2020HK$14,092 per sq ftHK$12,303 per sq ftHK$28.1 per sq ft / monthHK$23.4 per sq ft / month
August 2020HK$13,614 per sq ftHK$12,289 per sq ftHK$28.2 per sq ft / monthHK$24.0 per sq ft / month
September 2020HK$14,044 per sq ftHK$12,435 per sq ftHK$27.8 per sq ft / monthHK$23.3 per sq ft / month
October 2020HK$13,676 per sq ftHK$12,301 per sq ftHK$28.3 per sq ft / monthHK$24.2 per sq ft / month
November 2020HK$14,008 per sq ftHK$12,469 per sq ftHK$28.0 per sq ft / monthHK$23.9 per sq ft / month
December 2020HK$13,653 per sq ftHK$12,291 per sq ftHK$28.1 per sq ft / monthHK$24.0 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.