2024: Regional home prices and rents
The Rating and Valuation Department's monthly regional home prices and rents for 2024, with charts, monthly records and year-end comparisons.
Reading this year
December 2024 hong kong island class a (under 40 m²) prices: HK$12,038 per sq ft, a -13.4% 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)
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 2023 | December 2024 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Hong Kong Island Class A (under 40 m²) prices | HK$13,903 per sq ft | HK$12,038 per sq ft | -13.4% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) prices | HK$13,798 per sq ft | HK$13,159 per sq ft | -4.6% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) prices | HK$16,965 per sq ft | HK$15,069 per sq ft | -11.2% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) prices | HK$18,527 per sq ft | HK$19,588 per sq ft | +5.7% | 12/12 |
| Hong Kong Island Class E (160 m² or above) prices | HK$23,501 per sq ft few transactions | HK$21,425 per sq ft few transactions | -8.8% | 12/12 |
| Kowloon Class A (under 40 m²) prices | HK$11,149 per sq ft | HK$10,321 per sq ft | -7.4% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) prices | HK$12,081 per sq ft | HK$11,369 per sq ft | -5.9% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) prices | HK$14,423 per sq ft | HK$15,209 per sq ft | +5.5% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) prices | HK$16,681 per sq ft few transactions | HK$14,130 per sq ft | -15.3% | 12/12 |
| Kowloon Class E (160 m² or above) prices | HK$16,967 per sq ft few transactions | HK$16,230 per sq ft few transactions | -4.3% | 11/12 |
| New Territories Class A (under 40 m²) prices | HK$10,623 per sq ft | HK$10,031 per sq ft | -5.6% | 12/12 |
| New Territories Class B (40 to 69.9 m²) prices | HK$10,480 per sq ft | HK$9,835 per sq ft | -6.2% | 12/12 |
| New Territories Class C (70 to 99.9 m²) prices | HK$11,187 per sq ft | HK$10,619 per sq ft | -5.1% | 12/12 |
| New Territories Class D (100 to 159.9 m²) prices | HK$10,115 per sq ft | HK$10,224 per sq ft | +1.1% | 12/12 |
| New Territories Class E (160 m² or above) prices | HK$9,143 per sq ft few transactions | HK$8,574 per sq ft | -6.2% | 12/12 |
| Hong Kong Island Class A (under 40 m²) monthly rents | HK$43.9 per sq ft / month | HK$44.1 per sq ft / month | +0.6% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) monthly rents | HK$36.8 per sq ft / month | HK$37.3 per sq ft / month | +1.3% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) monthly rents | HK$39.9 per sq ft / month | HK$38.9 per sq ft / month | -2.3% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) monthly rents | HK$37.6 per sq ft / month | HK$39.9 per sq ft / month | +5.9% | 12/12 |
| Hong Kong Island Class E (160 m² or above) monthly rents | HK$43.5 per sq ft / month | HK$41.1 per sq ft / month | -5.6% | 12/12 |
| Kowloon Class A (under 40 m²) monthly rents | HK$39.8 per sq ft / month | HK$39.4 per sq ft / month | -0.9% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) monthly rents | HK$32.1 per sq ft / month | HK$34.2 per sq ft / month | +6.7% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) monthly rents | HK$33.5 per sq ft / month | HK$35.2 per sq ft / month | +5% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) monthly rents | HK$34.5 per sq ft / month | HK$34.3 per sq ft / month | -0.5% | 12/12 |
| Kowloon Class E (160 m² or above) monthly rents | HK$32.6 per sq ft / month few transactions | HK$32.5 per sq ft / month few transactions | -0.3% | 12/12 |
| New Territories Class A (under 40 m²) monthly rents | HK$30.2 per sq ft / month | HK$30.8 per sq ft / month | +1.8% | 12/12 |
| New Territories Class B (40 to 69.9 m²) monthly rents | HK$24.4 per sq ft / month | HK$25.8 per sq ft / month | +5.7% | 12/12 |
| New Territories Class C (70 to 99.9 m²) monthly rents | HK$24.6 per sq ft / month | HK$26.0 per sq ft / month | +5.7% | 12/12 |
| New Territories Class D (100 to 159.9 m²) monthly rents | HK$22.8 per sq ft / month | HK$24.1 per sq ft / month | +5.7% | 12/12 |
| New Territories Class E (160 m² or above) monthly rents | HK$20.3 per sq ft / month | HK$18.8 per sq ft / month | -7.8% | 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 2024 | HK$12,546 per sq ft | HK$13,351 per sq ft | HK$43.5 per sq ft / month | HK$36.5 per sq ft / month |
| February 2024 | HK$12,610 per sq ft | HK$14,387 per sq ft | HK$42.5 per sq ft / month | HK$35.6 per sq ft / month |
| March 2024 | HK$12,550 per sq ft | HK$13,184 per sq ft | HK$42.1 per sq ft / month | HK$35.5 per sq ft / month |
| April 2024 | HK$13,026 per sq ft | HK$13,372 per sq ft | HK$43.6 per sq ft / month | HK$36.0 per sq ft / month |
| May 2024 | HK$13,107 per sq ft | HK$13,295 per sq ft | HK$43.6 per sq ft / month | HK$36.0 per sq ft / month |
| June 2024 | HK$12,473 per sq ft | HK$13,240 per sq ft | HK$46.2 per sq ft / month | HK$37.4 per sq ft / month |
| July 2024 | HK$12,355 per sq ft | HK$13,299 per sq ft | HK$45.4 per sq ft / month | HK$37.3 per sq ft / month |
| August 2024 | HK$12,085 per sq ft | HK$12,480 per sq ft | HK$45.9 per sq ft / month | HK$36.7 per sq ft / month |
| September 2024 | HK$12,026 per sq ft | HK$12,723 per sq ft | HK$46.2 per sq ft / month | HK$37.6 per sq ft / month |
| October 2024 | HK$12,275 per sq ft | HK$12,611 per sq ft | HK$45.1 per sq ft / month | HK$37.3 per sq ft / month |
| November 2024 | HK$11,819 per sq ft | HK$12,944 per sq ft | HK$44.5 per sq ft / month | HK$37.8 per sq ft / month |
| December 2024 | HK$12,038 per sq ft | HK$13,159 per sq ft | HK$44.1 per sq ft / month | HK$37.3 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 2024 | HK$10,982 per sq ft | HK$11,708 per sq ft | HK$37.0 per sq ft / month | HK$32.7 per sq ft / month |
| February 2024 | HK$11,488 per sq ft | HK$12,162 per sq ft | HK$38.1 per sq ft / month | HK$32.3 per sq ft / month |
| March 2024 | HK$11,169 per sq ft | HK$12,065 per sq ft | HK$37.7 per sq ft / month | HK$32.6 per sq ft / month |
| April 2024 | HK$10,987 per sq ft | HK$12,423 per sq ft | HK$36.9 per sq ft / month | HK$32.0 per sq ft / month |
| May 2024 | HK$10,946 per sq ft | HK$11,979 per sq ft | HK$39.3 per sq ft / month | HK$33.8 per sq ft / month |
| June 2024 | HK$10,734 per sq ft | HK$11,716 per sq ft | HK$39.3 per sq ft / month | HK$33.6 per sq ft / month |
| July 2024 | HK$10,602 per sq ft | HK$11,418 per sq ft | HK$39.5 per sq ft / month | HK$33.6 per sq ft / month |
| August 2024 | HK$10,669 per sq ft | HK$11,605 per sq ft | HK$41.1 per sq ft / month | HK$35.3 per sq ft / month |
| September 2024 | HK$10,186 per sq ft | HK$10,863 per sq ft | HK$43.7 per sq ft / month | HK$35.0 per sq ft / month |
| October 2024 | HK$10,683 per sq ft | HK$11,731 per sq ft | HK$41.6 per sq ft / month | HK$33.8 per sq ft / month |
| November 2024 | HK$10,552 per sq ft | HK$11,573 per sq ft | HK$41.2 per sq ft / month | HK$34.0 per sq ft / month |
| December 2024 | HK$10,321 per sq ft | HK$11,369 per sq ft | HK$39.4 per sq ft / month | HK$34.2 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 2024 | HK$10,605 per sq ft | HK$10,448 per sq ft | HK$30.5 per sq ft / month | HK$24.5 per sq ft / month |
| February 2024 | HK$10,462 per sq ft | HK$9,857 per sq ft | HK$29.3 per sq ft / month | HK$24.6 per sq ft / month |
| March 2024 | HK$10,773 per sq ft | HK$10,373 per sq ft | HK$29.2 per sq ft / month | HK$24.8 per sq ft / month |
| April 2024 | HK$10,576 per sq ft | HK$10,411 per sq ft | HK$29.5 per sq ft / month | HK$24.5 per sq ft / month |
| May 2024 | HK$10,442 per sq ft | HK$10,013 per sq ft | HK$30.5 per sq ft / month | HK$25.5 per sq ft / month |
| June 2024 | HK$10,325 per sq ft | HK$10,227 per sq ft | HK$30.0 per sq ft / month | HK$24.8 per sq ft / month |
| July 2024 | HK$10,167 per sq ft | HK$10,071 per sq ft | HK$31.1 per sq ft / month | HK$25.0 per sq ft / month |
| August 2024 | HK$10,268 per sq ft | HK$9,739 per sq ft | HK$32.2 per sq ft / month | HK$25.9 per sq ft / month |
| September 2024 | HK$9,866 per sq ft | HK$9,661 per sq ft | HK$30.7 per sq ft / month | HK$25.3 per sq ft / month |
| October 2024 | HK$10,360 per sq ft | HK$10,155 per sq ft | HK$30.0 per sq ft / month | HK$25.1 per sq ft / month |
| November 2024 | HK$10,287 per sq ft | HK$9,951 per sq ft | HK$30.6 per sq ft / month | HK$25.5 per sq ft / month |
| December 2024 | HK$10,031 per sq ft | HK$9,835 per sq ft | HK$30.8 per sq ft / month | HK$25.8 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.