2025: Regional home prices and rents
The Rating and Valuation Department's monthly regional home prices and rents for 2025, with charts, monthly records and year-end comparisons.
Reading this year
December 2025 hong kong island class a (under 40 m²) prices: HK$12,716 per sq ft, a +5.6% 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 2024 | December 2025 | December year-on-year change | Months available in year |
|---|---|---|---|---|
| Hong Kong Island Class A (under 40 m²) prices | HK$12,038 per sq ft | HK$12,716 per sq ft | +5.6% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) prices | HK$13,159 per sq ft | HK$12,953 per sq ft | -1.6% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) prices | HK$15,069 per sq ft | HK$15,209 per sq ft | +0.9% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) prices | HK$19,588 per sq ft | HK$18,421 per sq ft | -6% | 12/12 |
| Hong Kong Island Class E (160 m² or above) prices | HK$21,425 per sq ft few transactions | HK$24,123 per sq ft few transactions | +12.6% | 12/12 |
| Kowloon Class A (under 40 m²) prices | HK$10,321 per sq ft | HK$10,994 per sq ft | +6.5% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) prices | HK$11,369 per sq ft | HK$12,183 per sq ft | +7.2% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) prices | HK$15,209 per sq ft | HK$16,255 per sq ft | +6.9% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) prices | HK$14,130 per sq ft | HK$15,725 per sq ft | +11.3% | 12/12 |
| Kowloon Class E (160 m² or above) prices | HK$16,230 per sq ft few transactions | HK$15,135 per sq ft few transactions | -6.8% | 12/12 |
| New Territories Class A (under 40 m²) prices | HK$10,031 per sq ft | HK$10,699 per sq ft | +6.7% | 12/12 |
| New Territories Class B (40 to 69.9 m²) prices | HK$9,835 per sq ft | HK$9,972 per sq ft | +1.4% | 12/12 |
| New Territories Class C (70 to 99.9 m²) prices | HK$10,619 per sq ft | HK$11,071 per sq ft | +4.3% | 12/12 |
| New Territories Class D (100 to 159.9 m²) prices | HK$10,224 per sq ft | HK$10,009 per sq ft | -2.1% | 12/12 |
| New Territories Class E (160 m² or above) prices | HK$8,574 per sq ft | HK$9,308 per sq ft | +8.6% | 12/12 |
| Hong Kong Island Class A (under 40 m²) monthly rents | HK$44.1 per sq ft / month | HK$47.3 per sq ft / month | +7.2% | 12/12 |
| Hong Kong Island Class B (40 to 69.9 m²) monthly rents | HK$37.3 per sq ft / month | HK$38.4 per sq ft / month | +3% | 12/12 |
| Hong Kong Island Class C (70 to 99.9 m²) monthly rents | HK$38.9 per sq ft / month | HK$42.2 per sq ft / month | +8.4% | 12/12 |
| Hong Kong Island Class D (100 to 159.9 m²) monthly rents | HK$39.9 per sq ft / month | HK$41.6 per sq ft / month | +4.4% | 12/12 |
| Hong Kong Island Class E (160 m² or above) monthly rents | HK$41.1 per sq ft / month | HK$43.0 per sq ft / month | +4.8% | 12/12 |
| Kowloon Class A (under 40 m²) monthly rents | HK$39.4 per sq ft / month | HK$41.8 per sq ft / month | +6.1% | 12/12 |
| Kowloon Class B (40 to 69.9 m²) monthly rents | HK$34.2 per sq ft / month | HK$34.8 per sq ft / month | +1.9% | 12/12 |
| Kowloon Class C (70 to 99.9 m²) monthly rents | HK$35.2 per sq ft / month | HK$37.8 per sq ft / month | +7.4% | 12/12 |
| Kowloon Class D (100 to 159.9 m²) monthly rents | HK$34.3 per sq ft / month | HK$40.2 per sq ft / month | +17.3% | 12/12 |
| Kowloon Class E (160 m² or above) monthly rents | HK$32.5 per sq ft / month few transactions | — | — | 11/12 |
| New Territories Class A (under 40 m²) monthly rents | HK$30.8 per sq ft / month | HK$32.6 per sq ft / month | +6% | 12/12 |
| New Territories Class B (40 to 69.9 m²) monthly rents | HK$25.8 per sq ft / month | HK$26.6 per sq ft / month | +2.9% | 12/12 |
| New Territories Class C (70 to 99.9 m²) monthly rents | HK$26.0 per sq ft / month | HK$25.8 per sq ft / month | -0.7% | 12/12 |
| New Territories Class D (100 to 159.9 m²) monthly rents | HK$24.1 per sq ft / month | HK$21.8 per sq ft / month | -9.3% | 12/12 |
| New Territories Class E (160 m² or above) monthly rents | HK$18.8 per sq ft / month | HK$16.7 per sq ft / month | -10.9% | 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 2025 | HK$11,717 per sq ft | HK$12,554 per sq ft | HK$45.3 per sq ft / month | HK$36.9 per sq ft / month |
| February 2025 | HK$11,997 per sq ft | HK$12,450 per sq ft | HK$44.3 per sq ft / month | HK$37.7 per sq ft / month |
| March 2025 | HK$11,445 per sq ft | HK$12,212 per sq ft | HK$44.2 per sq ft / month | HK$36.9 per sq ft / month |
| April 2025 | HK$11,482 per sq ft | HK$12,447 per sq ft | HK$43.6 per sq ft / month | HK$37.7 per sq ft / month |
| May 2025 | HK$11,861 per sq ft | HK$12,429 per sq ft | HK$45.9 per sq ft / month | HK$37.4 per sq ft / month |
| June 2025 | HK$11,830 per sq ft | HK$12,183 per sq ft | HK$46.4 per sq ft / month | HK$38.7 per sq ft / month |
| July 2025 | HK$11,849 per sq ft | HK$12,373 per sq ft | HK$46.7 per sq ft / month | HK$37.9 per sq ft / month |
| August 2025 | HK$12,566 per sq ft | HK$12,310 per sq ft | HK$47.9 per sq ft / month | HK$38.2 per sq ft / month |
| September 2025 | HK$12,652 per sq ft | HK$12,562 per sq ft | HK$46.6 per sq ft / month | HK$38.6 per sq ft / month |
| October 2025 | HK$12,243 per sq ft | HK$12,332 per sq ft | HK$45.5 per sq ft / month | HK$40.1 per sq ft / month |
| November 2025 | HK$12,619 per sq ft | HK$13,133 per sq ft | HK$46.5 per sq ft / month | HK$40.8 per sq ft / month |
| December 2025 | HK$12,716 per sq ft | HK$12,953 per sq ft | HK$47.3 per sq ft / month | HK$38.4 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 2025 | HK$10,769 per sq ft | HK$11,051 per sq ft | HK$38.9 per sq ft / month | HK$33.4 per sq ft / month |
| February 2025 | HK$10,310 per sq ft | HK$11,220 per sq ft | HK$40.2 per sq ft / month | HK$33.4 per sq ft / month |
| March 2025 | HK$10,682 per sq ft | HK$10,844 per sq ft | HK$39.7 per sq ft / month | HK$33.9 per sq ft / month |
| April 2025 | HK$10,540 per sq ft | HK$10,930 per sq ft | HK$38.6 per sq ft / month | HK$33.7 per sq ft / month |
| May 2025 | HK$10,643 per sq ft | HK$11,023 per sq ft | HK$40.2 per sq ft / month | HK$34.6 per sq ft / month |
| June 2025 | HK$10,581 per sq ft | HK$11,567 per sq ft | HK$39.9 per sq ft / month | HK$34.0 per sq ft / month |
| July 2025 | HK$10,559 per sq ft | HK$11,569 per sq ft | HK$40.1 per sq ft / month | HK$34.0 per sq ft / month |
| August 2025 | HK$10,624 per sq ft | HK$11,753 per sq ft | HK$43.4 per sq ft / month | HK$35.7 per sq ft / month |
| September 2025 | HK$11,057 per sq ft | HK$11,546 per sq ft | HK$43.4 per sq ft / month | HK$35.3 per sq ft / month |
| October 2025 | HK$11,018 per sq ft | HK$11,595 per sq ft | HK$41.7 per sq ft / month | HK$35.0 per sq ft / month |
| November 2025 | HK$10,784 per sq ft | HK$12,164 per sq ft | HK$41.6 per sq ft / month | HK$36.2 per sq ft / month |
| December 2025 | HK$10,994 per sq ft | HK$12,183 per sq ft | HK$41.8 per sq ft / month | HK$34.8 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 2025 | HK$10,021 per sq ft | HK$9,642 per sq ft | HK$31.5 per sq ft / month | HK$25.8 per sq ft / month |
| February 2025 | HK$9,962 per sq ft | HK$9,690 per sq ft | HK$31.2 per sq ft / month | HK$25.7 per sq ft / month |
| March 2025 | HK$10,131 per sq ft | HK$9,427 per sq ft | HK$31.7 per sq ft / month | HK$25.6 per sq ft / month |
| April 2025 | HK$9,923 per sq ft | HK$9,489 per sq ft | HK$31.3 per sq ft / month | HK$25.8 per sq ft / month |
| May 2025 | HK$10,020 per sq ft | HK$9,639 per sq ft | HK$31.7 per sq ft / month | HK$25.6 per sq ft / month |
| June 2025 | HK$10,271 per sq ft | HK$9,713 per sq ft | HK$31.3 per sq ft / month | HK$25.8 per sq ft / month |
| July 2025 | HK$10,335 per sq ft | HK$9,795 per sq ft | HK$32.1 per sq ft / month | HK$26.2 per sq ft / month |
| August 2025 | HK$10,088 per sq ft | HK$9,538 per sq ft | HK$34.2 per sq ft / month | HK$26.9 per sq ft / month |
| September 2025 | HK$10,567 per sq ft | HK$9,912 per sq ft | HK$31.4 per sq ft / month | HK$26.2 per sq ft / month |
| October 2025 | HK$10,167 per sq ft | HK$9,815 per sq ft | HK$31.3 per sq ft / month | HK$26.1 per sq ft / month |
| November 2025 | HK$10,416 per sq ft | HK$10,152 per sq ft | HK$30.9 per sq ft / month | HK$26.0 per sq ft / month |
| December 2025 | HK$10,699 per sq ft | HK$9,972 per sq ft | HK$32.6 per sq ft / month | HK$26.6 per sq ft / month |
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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.