2022: Regional home prices and rents
The Rating and Valuation Department's monthly regional home prices and rents for 2022, with charts, monthly records and year-end comparisons.
Reading this year
December 2022 hong kong island class a (under 40 m²) prices: HK$13,762 per sq ft, a -18.6% 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)
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)
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
| Series | December 2021 | December 2022 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Hong Kong Island Class A (under 40 m²) prices | HK$16,912 per sq ft | HK$13,762 per sq ft | -18.6% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) prices | HK$16,744 per sq ft | HK$13,854 per sq ft | -17.3% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) prices | HK$20,496 per sq ft | HK$16,262 per sq ft | -20.7% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) prices | HK$21,342 per sq ft | HK$21,777 per sq ft few transactions | +2% | 12/12 |
| Hong Kong Island Class E (160 m² or above) prices | HK$26,334 per sq ft few transactions | HK$17,741 per sq ft few transactions | -32.6% | 12/12 |
| Kowloon Class A (under 40 m²) prices | HK$14,762 per sq ft | HK$12,605 per sq ft | -14.6% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) prices | HK$14,464 per sq ft | HK$13,156 per sq ft | -9% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) prices | HK$17,963 per sq ft | HK$14,475 per sq ft | -19.4% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) prices | HK$21,644 per sq ft few transactions | HK$18,910 per sq ft few transactions | -12.6% | 12/12 |
| Kowloon Class E (160 m² or above) prices | HK$24,747 per sq ft few transactions | HK$18,752 per sq ft few transactions | -24.2% | 7/12 |
| New Territories Class A (under 40 m²) prices | HK$13,957 per sq ft | HK$11,919 per sq ft | -14.6% | 12/12 |
| New Territories Class B (40 to 69.9 m²) prices | HK$12,520 per sq ft | HK$11,139 per sq ft | -11% | 12/12 |
| New Territories Class C (70 to 99.9 m²) prices | HK$12,326 per sq ft | HK$11,871 per sq ft | -3.7% | 12/12 |
| New Territories Class D (100 to 159.9 m²) prices | HK$11,488 per sq ft | HK$9,974 per sq ft | -13.2% | 12/12 |
| New Territories Class E (160 m² or above) prices | HK$9,565 per sq ft few transactions | HK$8,879 per sq ft few transactions | -7.2% | 12/12 |
| Hong Kong Island Class A (under 40 m²) monthly rents | HK$41.3 per sq ft / month | HK$40.8 per sq ft / month | -1.3% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) monthly rents | HK$37.3 per sq ft / month | HK$34.3 per sq ft / month | -8% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) monthly rents | HK$37.9 per sq ft / month | HK$37.2 per sq ft / month | -2% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) monthly rents | HK$38.9 per sq ft / month | HK$37.8 per sq ft / month | -2.9% | 12/12 |
| Hong Kong Island Class E (160 m² or above) monthly rents | HK$39.1 per sq ft / month | HK$40.3 per sq ft / month | +3.1% | 12/12 |
| Kowloon Class A (under 40 m²) monthly rents | HK$35.8 per sq ft / month | HK$34.5 per sq ft / month | -3.6% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) monthly rents | HK$31.1 per sq ft / month | HK$30.0 per sq ft / month | -3.6% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) monthly rents | HK$33.8 per sq ft / month | HK$31.7 per sq ft / month | -6.3% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) monthly rents | HK$32.5 per sq ft / month | HK$29.5 per sq ft / month | -9.1% | 12/12 |
| Kowloon Class E (160 m² or above) monthly rents | HK$39.9 per sq ft / month few transactions | HK$29.6 per sq ft / month few transactions | -25.8% | 12/12 |
| New Territories Class A (under 40 m²) monthly rents | HK$29.5 per sq ft / month | HK$27.9 per sq ft / month | -5.7% | 12/12 |
| New Territories Class B (40 to 69.9 m²) monthly rents | HK$24.5 per sq ft / month | HK$22.8 per sq ft / month | -7.2% | 12/12 |
| New Territories Class C (70 to 99.9 m²) monthly rents | HK$24.2 per sq ft / month | HK$23.3 per sq ft / month | -3.8% | 12/12 |
| New Territories Class D (100 to 159.9 m²) monthly rents | HK$24.7 per sq ft / month | HK$22.9 per sq ft / month | -7.5% | 12/12 |
| New Territories Class E (160 m² or above) monthly rents | HK$23.8 per sq ft / month | HK$19.7 per sq ft / month few transactions | -17.2% | 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
| Month | Hong Kong Island Class A (under 40 m²) prices | Hong Kong Island Class B (40 to 69.9 m²) prices | Hong Kong Island Class A (under 40 m²) monthly rents | Hong Kong Island Class B (40 to 69.9 m²) monthly rents |
|---|---|---|---|---|
| January 2022 | HK$17,437 per sq ft | HK$16,606 per sq ft | HK$39.9 per sq ft / month | HK$36.5 per sq ft / month |
| February 2022 | HK$16,866 per sq ft | HK$16,917 per sq ft | HK$42.2 per sq ft / month | HK$37.5 per sq ft / month |
| March 2022 | HK$16,681 per sq ft | HK$17,323 per sq ft | HK$40.1 per sq ft / month | HK$35.7 per sq ft / month |
| April 2022 | HK$17,018 per sq ft | HK$16,857 per sq ft | HK$39.7 per sq ft / month | HK$34.5 per sq ft / month |
| May 2022 | HK$16,778 per sq ft | HK$16,748 per sq ft | HK$40.7 per sq ft / month | HK$35.5 per sq ft / month |
| June 2022 | HK$16,430 per sq ft | HK$17,044 per sq ft | HK$41.1 per sq ft / month | HK$35.0 per sq ft / month |
| July 2022 | HK$15,566 per sq ft | HK$16,238 per sq ft | HK$41.4 per sq ft / month | HK$35.8 per sq ft / month |
| August 2022 | HK$15,734 per sq ft | HK$15,786 per sq ft | HK$42.1 per sq ft / month | HK$35.4 per sq ft / month |
| September 2022 | HK$15,116 per sq ft | HK$15,065 per sq ft | HK$42.6 per sq ft / month | HK$35.9 per sq ft / month |
| October 2022 | HK$14,598 per sq ft | HK$14,957 per sq ft | HK$42.3 per sq ft / month | HK$35.3 per sq ft / month |
| November 2022 | HK$14,039 per sq ft | HK$14,855 per sq ft | HK$40.3 per sq ft / month | HK$34.9 per sq ft / month |
| December 2022 | HK$13,762 per sq ft | HK$13,854 per sq ft | HK$40.8 per sq ft / month | HK$34.3 per sq ft / month |
Kowloon：Class A and B monthly prices and rents
| Month | Kowloon Class A (under 40 m²) prices | Kowloon Class B (40 to 69.9 m²) prices | Kowloon Class A (under 40 m²) monthly rents | Kowloon Class B (40 to 69.9 m²) monthly rents |
|---|---|---|---|---|
| January 2022 | HK$14,959 per sq ft | HK$14,618 per sq ft | HK$35.3 per sq ft / month | HK$31.2 per sq ft / month |
| February 2022 | HK$14,361 per sq ft | HK$14,733 per sq ft | HK$34.8 per sq ft / month | HK$30.8 per sq ft / month |
| March 2022 | HK$14,974 per sq ft | HK$14,784 per sq ft | HK$35.1 per sq ft / month | HK$30.7 per sq ft / month |
| April 2022 | HK$15,190 per sq ft | HK$15,105 per sq ft | HK$34.2 per sq ft / month | HK$29.5 per sq ft / month |
| May 2022 | HK$14,602 per sq ft | HK$14,678 per sq ft | HK$34.4 per sq ft / month | HK$30.1 per sq ft / month |
| June 2022 | HK$13,824 per sq ft | HK$14,526 per sq ft | HK$34.2 per sq ft / month | HK$29.7 per sq ft / month |
| July 2022 | HK$14,641 per sq ft | HK$14,336 per sq ft | HK$34.7 per sq ft / month | HK$29.7 per sq ft / month |
| August 2022 | HK$13,794 per sq ft | HK$13,843 per sq ft | HK$35.7 per sq ft / month | HK$30.7 per sq ft / month |
| September 2022 | HK$13,206 per sq ft | HK$13,465 per sq ft | HK$35.5 per sq ft / month | HK$30.0 per sq ft / month |
| October 2022 | HK$13,282 per sq ft | HK$12,925 per sq ft | HK$35.2 per sq ft / month | HK$29.3 per sq ft / month |
| November 2022 | HK$12,551 per sq ft | HK$12,673 per sq ft | HK$35.3 per sq ft / month | HK$29.5 per sq ft / month |
| December 2022 | HK$12,605 per sq ft | HK$13,156 per sq ft | HK$34.5 per sq ft / month | HK$30.0 per sq ft / month |
New Territories：Class A and B monthly prices and rents
| Month | New Territories Class A (under 40 m²) prices | New Territories Class B (40 to 69.9 m²) prices | New Territories Class A (under 40 m²) monthly rents | New Territories Class B (40 to 69.9 m²) monthly rents |
|---|---|---|---|---|
| January 2022 | HK$14,284 per sq ft | HK$12,538 per sq ft | HK$29.0 per sq ft / month | HK$24.4 per sq ft / month |
| February 2022 | HK$13,794 per sq ft | HK$12,703 per sq ft | HK$28.2 per sq ft / month | HK$24.2 per sq ft / month |
| March 2022 | HK$13,811 per sq ft | HK$12,496 per sq ft | HK$29.1 per sq ft / month | HK$23.7 per sq ft / month |
| April 2022 | HK$13,920 per sq ft | HK$12,892 per sq ft | HK$27.9 per sq ft / month | HK$23.1 per sq ft / month |
| May 2022 | HK$13,803 per sq ft | HK$12,568 per sq ft | HK$28.1 per sq ft / month | HK$23.4 per sq ft / month |
| June 2022 | HK$13,563 per sq ft | HK$12,323 per sq ft | HK$27.8 per sq ft / month | HK$23.3 per sq ft / month |
| July 2022 | HK$13,414 per sq ft | HK$11,912 per sq ft | HK$28.9 per sq ft / month | HK$24.0 per sq ft / month |
| August 2022 | HK$13,071 per sq ft | HK$11,964 per sq ft | HK$29.7 per sq ft / month | HK$24.2 per sq ft / month |
| September 2022 | HK$13,112 per sq ft | HK$11,707 per sq ft | HK$28.8 per sq ft / month | HK$23.7 per sq ft / month |
| October 2022 | HK$12,686 per sq ft | HK$11,544 per sq ft | HK$28.4 per sq ft / month | HK$23.8 per sq ft / month |
| November 2022 | HK$12,115 per sq ft | HK$11,192 per sq ft | HK$28.1 per sq ft / month | HK$23.2 per sq ft / month |
| December 2022 | HK$11,919 per sq ft | HK$11,139 per sq ft | HK$27.9 per sq ft / month | HK$22.8 per sq ft / month |
Continue your research
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.