-+ 0.00%
-+ 0.00%
-+ 0.00%
Hong Kong Differential Assessment Service: The property price index rose 0.19% month-on-month in September for two consecutive months
Share
Listen to the news

The Zhitong Finance App learned that the Hong Kong Property Price Index rose for two months, and the rent index rose for 11 months before breaking the peak. According to data from the Hong Kong Rating and Property Valuation Department, the Hong Kong Private Residential Property Price Index rose to 320.8 in September, rising 0.19% month-on-month, rising for two consecutive months and 9.34% year-on-year.

The price index for small and medium-sized units (100 square meters or less) increased 0.16% month-on-month; the price index for larger units (100 square meters or more) increased 0.8% month-on-month.

Among them, the price index for Class A properties (under 40 square meters) remained flat; Class B properties (40 to 69.9 square meters) rose 0.19% month on month; Class C properties (70 to 99.9 square meters) rose 0.46% month on month; Class D properties (100 to 159.9 square meters) increased 0.9% month on month; and Class E properties (160 square meters or more) increased 0.49% month on month.

In terms of the rent index, the private residential rent index rose to 212.2 in September, reaching a new high, rising 0.47% month-on-month and 6.15% year-on-year.

In the first nine months of this year, the private residential property price index increased by 7.08%; the rent index increased by 5.84%.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending