Other Housing Statistics

- Average Rents and Rental Indices of Fresh and Renewal

  Lettings by Type of Private Non-domestic Premises


Average Rentals and Rental Indices of Fresh and Renewal Lettings by Type of Private Non-domestic Premises

Type 2000 2001 2002 2003 2004          
Average rentals ($/sq.m. per month)                    
   Private retail premises                    
      Hong Kong Island 798 858 791 750 844          
      Kowloon 969 932 865 826 898          
      New Territories 748 687 645 668 710          
   Private offices (1)                    
      Grade A                    
         Sheung Wan 324 331 252 233 222          
         Central 411 474 342 266 290          
         Wan Chai/Causeway Bay 301 329 239 192 194          
         North Point (2) 220 257 204 162 155          
         Tsim Sha Tsui 266 261 224 198 214          

         Yau Ma Tei/ Mong Kok

262 308 223 211 193+          
      Grade B                    
         Sheung Wan 180 177 149 131 135          
         Central 288 319 241 219 224          
         Wan Chai/Causeway Bay 212 218 185 163 172          
         North Point (2) 168 163 142 135 128          
         Tsim Sha Tsui 224 244 208 204 205          

         Yau Ma Tei/ Mong Kok

209 207 192 179 191          
      Grade C                    
         Sheung Wan 166 164 146 128 131          
         Central 235 248 212 188 197          
         Wan Chai/Causeway Bay 215 211 187 169 180          
         North Point (2) 205 201 179 161 167          
         Tsim Sha Tsui 226 235 206 182 196          

         Yau Ma Tei/ Mong Kok

207 202 184 169 168          

   Private flatted factories

   (upper floor units)

                   
         Hong Kong Island 96 88 81 72 72          
         Kowloon 98 91 87 79 82          
         New Territories 67 64 59 53 55          
Rental indices (1999=100)                    
   Private retail premises 101.3 99.4 92.9 86.4 92.8          
   Private offices (Grade A, B and C) 98.5 101.0 85.4 74.6 78.1          

   Private flatted factories

   (upper-floor units)

95.4 90.3 82.7 74.9 77.3          


Notes:
(1) Starting from 2000, average prices for private office have been compiled in respect of unites graded according to revised grading criteria.  hence, the average prices for 2000 onwards are not strictly comparable to earlier figures.

(2) Including Quarry Bay.

+ Figure derived from fewer than 5 transactions.

Source:
Hong Kong Government Census and Statistics Department (2003), Hong Kong Annual Digest of Statistics, 2003 Edition. Hong Kong: Hong Kong Government Printer, p.159.
Hong Kong Government Census and Statistics Department (2005), Hong Kong Annual Digest of Statistics, 2005 Edition. Hong Kong: Hong Kong Government Printer, p.186.