2021: Regional home prices and rents

The Rating and Valuation Department's monthly regional home prices and rents for 2021, with charts, monthly records and year-end comparisons.

Reading this year

December 2021 hong kong island class a (under 40 m²) prices: HK$16,912 per sq ft, a -0.1% 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$200,00020202021
Dec 2021Hong Kong Island Class B (40 to 69.9 m²) pricesHK$180,230Kowloon Class B (40 to 69.9 m²) pricesHK$155,688New Territories Class B (40 to 69.9 m²) pricesHK$134,759

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$45020202021
Dec 2021Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$401Kowloon Class B (40 to 69.9 m²) monthly rentsHK$335New Territories Class B (40 to 69.9 m²) monthly rentsHK$264

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 2020December 2021December year-on-year changeMonths available in year
Hong Kong Island Class A (under 40 m²) pricesHK$16,925 per sq ftHK$16,912 per sq ft-0.1%12/12
Hong Kong Island Class B (40 to 69.9 m²) pricesHK$16,797 per sq ftHK$16,744 per sq ft-0.3%12/12
Hong Kong Island Class C (70 to 99.9 m²) pricesHK$18,520 per sq ftHK$20,496 per sq ft+10.7%12/12
Hong Kong Island Class D (100 to 159.9 m²) pricesHK$22,301 per sq ftHK$21,342 per sq ft-4.3%12/12
Hong Kong Island Class E (160 m² or above) pricesHK$25,319 per sq ft few transactionsHK$26,334 per sq ft few transactions+4%12/12
Kowloon Class A (under 40 m²) pricesHK$15,138 per sq ftHK$14,762 per sq ft-2.5%12/12
Kowloon Class B (40 to 69.9 m²) pricesHK$14,988 per sq ftHK$14,464 per sq ft-3.5%12/12
Kowloon Class C (70 to 99.9 m²) pricesHK$16,688 per sq ftHK$17,963 per sq ft+7.6%12/12
Kowloon Class D (100 to 159.9 m²) pricesHK$20,824 per sq ft few transactionsHK$21,644 per sq ft few transactions+3.9%12/12
Kowloon Class E (160 m² or above) pricesHK$25,664 per sq ft few transactionsHK$24,747 per sq ft few transactions-3.6%9/12
New Territories Class A (under 40 m²) pricesHK$13,653 per sq ftHK$13,957 per sq ft+2.2%12/12
New Territories Class B (40 to 69.9 m²) pricesHK$12,291 per sq ftHK$12,520 per sq ft+1.9%12/12
New Territories Class C (70 to 99.9 m²) pricesHK$12,328 per sq ftHK$12,326 per sq ft0%12/12
New Territories Class D (100 to 159.9 m²) pricesHK$11,286 per sq ftHK$11,488 per sq ft+1.8%12/12
New Territories Class E (160 m² or above) pricesHK$8,369 per sq ftHK$9,565 per sq ft few transactions+14.3%12/12
Hong Kong Island Class A (under 40 m²) monthly rentsHK$39.7 per sq ft / monthHK$41.3 per sq ft / month+4.2%12/12
Hong Kong Island Class B (40 to 69.9 m²) monthly rentsHK$36.1 per sq ft / monthHK$37.3 per sq ft / month+3.1%12/12
Hong Kong Island Class C (70 to 99.9 m²) monthly rentsHK$35.6 per sq ft / monthHK$37.9 per sq ft / month+6.5%12/12
Hong Kong Island Class D (100 to 159.9 m²) monthly rentsHK$38.4 per sq ft / monthHK$38.9 per sq ft / month+1.5%12/12
Hong Kong Island Class E (160 m² or above) monthly rentsHK$40.5 per sq ft / monthHK$39.1 per sq ft / month-3.4%12/12
Kowloon Class A (under 40 m²) monthly rentsHK$33.6 per sq ft / monthHK$35.8 per sq ft / month+6.4%12/12
Kowloon Class B (40 to 69.9 m²) monthly rentsHK$30.4 per sq ft / monthHK$31.1 per sq ft / month+2.4%12/12
Kowloon Class C (70 to 99.9 m²) monthly rentsHK$31.8 per sq ft / monthHK$33.8 per sq ft / month+6.4%12/12
Kowloon Class D (100 to 159.9 m²) monthly rentsHK$32.4 per sq ft / monthHK$32.5 per sq ft / month+0.3%12/12
Kowloon Class E (160 m² or above) monthly rentsHK$37.7 per sq ft / month few transactionsHK$39.9 per sq ft / month few transactions+5.9%12/12
New Territories Class A (under 40 m²) monthly rentsHK$28.1 per sq ft / monthHK$29.5 per sq ft / month+5%12/12
New Territories Class B (40 to 69.9 m²) monthly rentsHK$24.0 per sq ft / monthHK$24.5 per sq ft / month+2.3%12/12
New Territories Class C (70 to 99.9 m²) monthly rentsHK$24.2 per sq ft / monthHK$24.2 per sq ft / month0%12/12
New Territories Class D (100 to 159.9 m²) monthly rentsHK$25.7 per sq ft / monthHK$24.7 per sq ft / month-4%12/12
New Territories Class E (160 m² or above) monthly rentsHK$20.4 per sq ft / monthHK$23.8 per sq ft / month+16.4%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 2021HK$17,311 per sq ftHK$16,983 per sq ftHK$40.2 per sq ft / monthHK$35.2 per sq ft / month
February 2021HK$17,632 per sq ftHK$16,888 per sq ftHK$41.1 per sq ft / monthHK$35.5 per sq ft / month
March 2021HK$17,384 per sq ftHK$16,900 per sq ftHK$40.4 per sq ft / monthHK$35.8 per sq ft / month
April 2021HK$17,349 per sq ftHK$17,055 per sq ftHK$39.9 per sq ft / monthHK$35.1 per sq ft / month
May 2021HK$18,013 per sq ftHK$17,344 per sq ftHK$41.4 per sq ft / monthHK$37.0 per sq ft / month
June 2021HK$17,818 per sq ftHK$17,556 per sq ftHK$40.9 per sq ft / monthHK$36.3 per sq ft / month
July 2021HK$18,097 per sq ftHK$17,456 per sq ftHK$41.7 per sq ft / monthHK$36.4 per sq ft / month
August 2021HK$18,276 per sq ftHK$17,277 per sq ftHK$41.7 per sq ft / monthHK$36.2 per sq ft / month
September 2021HK$17,626 per sq ftHK$17,040 per sq ftHK$43.0 per sq ft / monthHK$37.0 per sq ft / month
October 2021HK$17,363 per sq ftHK$17,150 per sq ftHK$42.7 per sq ft / monthHK$38.1 per sq ft / month
November 2021HK$17,255 per sq ftHK$17,493 per sq ftHK$41.1 per sq ft / monthHK$37.8 per sq ft / month
December 2021HK$16,912 per sq ftHK$16,744 per sq ftHK$41.3 per sq ft / monthHK$37.3 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 2021HK$15,006 per sq ftHK$14,603 per sq ftHK$33.4 per sq ft / monthHK$30.2 per sq ft / month
February 2021HK$15,386 per sq ftHK$15,270 per sq ftHK$33.0 per sq ft / monthHK$30.1 per sq ft / month
March 2021HK$15,408 per sq ftHK$15,294 per sq ftHK$34.1 per sq ft / monthHK$30.4 per sq ft / month
April 2021HK$15,290 per sq ftHK$14,953 per sq ftHK$33.8 per sq ft / monthHK$29.9 per sq ft / month
May 2021HK$15,326 per sq ftHK$15,301 per sq ftHK$35.1 per sq ft / monthHK$31.1 per sq ft / month
June 2021HK$15,599 per sq ftHK$15,236 per sq ftHK$34.0 per sq ft / monthHK$30.6 per sq ft / month
July 2021HK$16,033 per sq ftHK$15,420 per sq ftHK$34.5 per sq ft / monthHK$30.5 per sq ft / month
August 2021HK$15,794 per sq ftHK$14,918 per sq ftHK$36.1 per sq ft / monthHK$32.1 per sq ft / month
September 2021HK$15,904 per sq ftHK$14,795 per sq ftHK$36.9 per sq ft / monthHK$31.0 per sq ft / month
October 2021HK$15,096 per sq ftHK$14,050 per sq ftHK$36.2 per sq ft / monthHK$30.8 per sq ft / month
November 2021HK$14,950 per sq ftHK$14,175 per sq ftHK$35.5 per sq ft / monthHK$30.9 per sq ft / month
December 2021HK$14,762 per sq ftHK$14,464 per sq ftHK$35.8 per sq ft / monthHK$31.1 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 2021HK$13,945 per sq ftHK$12,399 per sq ftHK$27.1 per sq ft / monthHK$23.4 per sq ft / month
February 2021HK$14,125 per sq ftHK$12,563 per sq ftHK$27.2 per sq ft / monthHK$23.8 per sq ft / month
March 2021HK$14,235 per sq ftHK$12,746 per sq ftHK$27.2 per sq ft / monthHK$23.6 per sq ft / month
April 2021HK$14,452 per sq ftHK$12,712 per sq ftHK$27.9 per sq ft / monthHK$23.8 per sq ft / month
May 2021HK$14,134 per sq ftHK$12,637 per sq ftHK$28.4 per sq ft / monthHK$23.9 per sq ft / month
June 2021HK$14,420 per sq ftHK$12,936 per sq ftHK$27.9 per sq ft / monthHK$23.6 per sq ft / month
July 2021HK$14,057 per sq ftHK$13,017 per sq ftHK$28.8 per sq ft / monthHK$24.0 per sq ft / month
August 2021HK$14,140 per sq ftHK$12,792 per sq ftHK$29.6 per sq ft / monthHK$24.7 per sq ft / month
September 2021HK$14,155 per sq ftHK$12,481 per sq ftHK$29.0 per sq ft / monthHK$24.2 per sq ft / month
October 2021HK$14,233 per sq ftHK$12,399 per sq ftHK$28.9 per sq ft / monthHK$24.7 per sq ft / month
November 2021HK$14,362 per sq ftHK$12,570 per sq ftHK$29.2 per sq ft / monthHK$24.9 per sq ft / month
December 2021HK$13,957 per sq ftHK$12,520 per sq ftHK$29.5 per sq ft / monthHK$24.5 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.