2003: Residential price and rental indices

The Rating and Valuation Department's monthly residential price and rental indices for 2003, with charts, monthly records and year-end comparisons.

Reading this year

December 2003 all-class prices: 65.4, a +0.9% change from the previous December.

This report shows indices, not property prices or monthly rent amounts. Relative movements can be compared between categories; an index is not a flat's sale price.

Price index trend

58.060.062.064.066.020022003
Dec 2003All-class prices65.4

Where available, the previous December is shown as a starting reference. Missing values are not treated as zero or estimated.

Rental index trend

70.072.074.076.078.020022003
Dec 2003All-class rents72.6

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 2002December 2003December year-on-year changeMonths available in year
All-class prices64.865.4+0.9%12/12
Class A (under 40 m²) prices62.763.2+0.8%12/12
Class B (40 to 69.9 m²) prices64.964.4-0.8%12/12
Class C (70 to 99.9 m²) prices67.070.0+4.5%12/12
Class D (100 to 159.9 m²) prices73.179.1+8.2%12/12
Class E (160 m² or above) prices80.585.6+6.3%12/12
All-class rents77.872.6-6.7%12/12
Class A (under 40 m²) rents76.672.0-6%12/12
Class B (40 to 69.9 m²) rents76.771.8-6.4%12/12
Class C (70 to 99.9 m²) rents76.372.4-5.1%12/12
Class D (100 to 159.9 m²) rents83.175.4-9.3%12/12
Class E (160 m² or above) rents87.178.6-9.8%12/12

Changes appear only when both December values exist. Provisional or low-transaction markers are retained with the values.

Monthly published records

MonthAll-class pricesClass A (under 40 m²) pricesClass B (40 to 69.9 m²) pricesClass C (70 to 99.9 m²) pricesClass D (100 to 159.9 m²) pricesClass E (160 m² or above) pricesAll-class rentsClass A (under 40 m²) rentsClass B (40 to 69.9 m²) rentsClass C (70 to 99.9 m²) rentsClass D (100 to 159.9 m²) rentsClass E (160 m² or above) rents
January 200363.661.563.467.272.679.977.376.875.875.582.386.1
February 200363.461.063.866.570.775.776.475.075.575.081.185.7
March 200361.260.060.664.368.873.976.074.374.876.481.184.8
April 200360.559.459.864.167.772.675.373.574.176.181.283.6
May 200359.758.259.363.367.671.273.572.972.372.577.481.4
June 200359.357.359.262.666.671.772.372.171.270.875.180.3
July 200358.456.658.361.164.973.472.271.871.570.675.179.3
August 200358.656.858.560.866.273.772.171.771.670.474.978.1
September 200360.959.160.265.570.575.171.370.570.869.973.778.6
October 200363.461.362.568.673.880.471.771.171.469.674.378.2
November 200364.362.163.669.574.381.772.371.571.970.775.078.7
December 200365.463.264.470.079.185.672.672.071.872.475.478.6

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.