Housing Index in Hong Kong decreased to 137.10 points in August 31 from 138.11 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Hong Kong SAR (QHKN628BIS) from Q4 1979 to Q1 2025 about Hong Kong, residential, HPI, housing, price index, indexes, and price.

Key information about House Prices Growth

• Hong Kong SAR (China) house prices dropped 6.4% YoY in Jan 2025, following a decrease of 7.2% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1994 to Jan 2025, with an average growth rate of 3.4%.
• House price data reached an all-time high of 51.8% in May 1997 and a record low of -44.7% in Oct 1998.

Key information about Hong Kong SAR (China) Gold Production

• Hong Kong SAR (China) Real Residential Property Price Index was reported at 132.982 2010=100 in Sep 2024.
• This records a decrease from the previous number of 140.888 2010=100 for Jun 2024.
• Hong Kong SAR (China) Real Residential Property Price Index data is updated quarterly, averaging 76.683 2010=100 from Dec 1979 to Sep 2024, with 180 observations.
• The data reached an all-time high of 198.526 2010=100 in Sep 2018 and a record low of 28.660 2010=100 in Sep 1984.
• Hong Kong SAR (China) Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

In 2020, Hong Kong had the most expensive residential property market worldwide, with an average property price of 1.25 million U.S. dollars. The government of Hong Kong provide public housing for lower-income residents and almost 45 percent of the Hong Kong population lived in public permanent housing in 2018.

Residential Property Prices in Hong Kong decreased 6.57 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Hong Kong Residential Property Prices.

House price index in Hong Kong, March, 2025 The most recent value is 189.52 index points as of Q1 2025, a decline compared to the previous value of 192.55 index points. Historically, the average for Hong Kong from Q1 1990 to Q1 2025 is 121.77 index points. The minimum of 28.36 index points was recorded in Q1 1990, while the maximum of 263.65 index points was reached in Q3 2021. | TheGlobalEconomy.com

In 2023, the average price of permanent housing in Hong Kong Island dropped to around ******* Hong Kong dollars per square meter on average. The city had the highest property prices in the region.

In 2023, around ** thousand men worked in Hong Kong's real estate industry and ** thousand women. The number has slightly decreased in recent years.

This statistic shows the price per square foot in selected prime residential markets worldwide in 2018. Hong Kong was the most expensive residential market globally with average prime residential values of ***** U.S. dollars per square foot.

Hong Kong GDP: SNA08: RP: Real Estate data was reported at 126,834.000 HKD mn in 2017. This records an increase from the previous number of 123,087.000 HKD mn for 2016. Hong Kong GDP: SNA08: RP: Real Estate data is updated yearly, averaging 85,882.500 HKD mn from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 126,834.000 HKD mn in 2017 and a record low of 48,926.000 HKD mn in 2003. Hong Kong GDP: SNA08: RP: Real Estate data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.A123: SNA 2008: GDP: by Industry: Current Price (Annual).

Feature Articles on Commerce and Industry - The Real Estate Sector in Hong Kong

Graph and download economic data for Nasdaq Hong Kong Real Estate Large Mid Cap NTR Index (NASDAQNQHK35LMN) from 2020-09-21 to 2025-08-04 about mid cap, NASDAQ, Hong Kong, market cap, large, real estate, indexes, and USA.

In 2021, the Link real estate investment trust had a market capitalization of *** billion Hong Kong dollars. It was the largest REIT traded at the Hong Kong Stock Exchange.

In 2019, Hong Kong had the most expensive residential property market worldwide, with an average price per square foot of 1,987 U.S. dollars.

Hong Kong

Hong Kong, an autonomous special administrative region of China, has one of the least affordable housing markets in the world. A region with an estimated 7.49 million people, it has become increasingly difficult to purchase a home in Hong Kong. The spoken languages in Hong Kong are Cantonese, Mandarin, and English.

Hong Kong housing market

The housing market in Hong Kong has seen an increase in prices in the past couple years. There are two types of housing unit offers in Hong Kong, private and public. The number of public rental housing units has been consistently rising since 2008. Nearly half of the public rental apartments in Hong Kong as of March 2018 were between 30 and 39.9 square meters. Not only has the number of public rental housing units increased since 2008, so have the private ones. However, there are more private housing units than public ones in Hong Kong. Additionally, the Home Ownership Scheme exists in Hong Kong. It is a government sponsored program that subsidizes public housing in Hong Kong. First created in the late 1970s, it was instituted with two targets in mind. The first was to persuade the richer tenants of these apartments to leave so families in greater need could live there. The second was to allow these families to become home owners, since they did not have enough money to buy in the private sector. Under this program, the government sells apartments to qualified low-income tenants at prices below the market value.

Hong Kong Inward DI: Inflow: MV: Inv & Hldg, Real Estate, Prof & BS data was reported at 537,900.000 HKD mn in 2017. This records an increase from the previous number of 509,200.000 HKD mn for 2016. Hong Kong Inward DI: Inflow: MV: Inv & Hldg, Real Estate, Prof & BS data is updated yearly, averaging 385,100.000 HKD mn from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 1,144,400.000 HKD mn in 2015 and a record low of 104,300.000 HKD mn in 2004. Hong Kong Inward DI: Inflow: MV: Inv & Hldg, Real Estate, Prof & BS data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.O005: Inward Direct Investment: BPM6: At Market Value: By Economic Activities.

Hong Kong HK: Private Property Market Yield: Retail data was reported at 2.500 % pa in Oct 2018. This records an increase from the previous number of 2.400 % pa for Sep 2018. Hong Kong HK: Private Property Market Yield: Retail data is updated monthly, averaging 4.450 % pa from Jan 1998 (Median) to Oct 2018, with 250 observations. The data reached an all-time high of 8.400 % pa in Oct 2001 and a record low of 2.300 % pa in Nov 2014. Hong Kong HK: Private Property Market Yield: Retail data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB088: Retail: Private: Property Yields.

Hong Kong HK: Private Property Market Yield: Annual: Offices: Grade B data was reported at 2.800 % pa in 2017. This records a decrease from the previous number of 3.200 % pa for 2016. Hong Kong HK: Private Property Market Yield: Annual: Offices: Grade B data is updated yearly, averaging 5.400 % pa from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 9.500 % pa in 1987 and a record low of 2.800 % pa in 2017. Hong Kong HK: Private Property Market Yield: Annual: Offices: Grade B data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB057: Office: Property Yields.

The market cap of real estate investment trusts (REITs) in Hong Kong declined in the fourth quarter of 2024. As of December 2024, the aggregate market capitalization, or the market value of the outstanding shares of stocks of all REITs, amounted to ***** billion U.S. dollars, down from **** billion U.S. dollars in June 2019. REITs are companies that own or finance rental real estate. One of their major benefits is liquidity: Though not all REITs are publicly traded, many of the major ones are, which allows investors to easily buy and sell shares. Because REITs pay out most of their taxable income to shareholders as dividends, they typically do not pay any corporate income tax.

The Hong Kong self-storage market, while lacking precise figures in the provided data, exhibits robust growth potential mirroring global trends. Considering a global CAGR of 8% and the high population density, limited living space, and thriving e-commerce sector in Hong Kong, we can infer significant market expansion. The industry is driven by increasing urbanization, a growing number of small businesses needing storage solutions, and the popularity of online retail, leading to a surge in demand for personal and business storage. Key players like Storefriendly Self Storage Group, SC Storage, and Apple Storage (Tai Yau Storage Group Limited) are likely vying for market share, offering various storage unit sizes and services to cater to diverse needs. However, land scarcity and high real estate costs in Hong Kong represent significant restraints, limiting the expansion of storage facilities and potentially driving up prices. Market segmentation reveals a likely split between personal and business users, with the latter segment potentially experiencing faster growth due to the increasing number of startups and SMEs in the region. Future growth will hinge on innovative solutions to optimize space utilization, technological advancements in facility management (e.g., smart access systems), and the ability to navigate the challenges posed by Hong Kong's unique real estate landscape. The Hong Kong self-storage market is poised for continued growth, fueled by factors such as population density, increasing urbanization, and the flourishing e-commerce sector. While precise market sizing data for Hong Kong is unavailable, a reasonable estimation can be made based on comparable markets and regional growth trends. Competitive pressures among existing players will likely lead to further innovation in storage solutions and service offerings. The industry's success will depend on effectively managing challenges associated with limited land availability and high real estate costs. Future analysis should focus on obtaining precise market size data for Hong Kong to create a more precise growth projection, alongside a detailed competitive analysis of the major players and their market strategies. Recent developments include: April 2023 - Storefriendly, the Asia self-storage operator backed by investment giant Blackstone, recently introduced its two latest locations at redeveloped properties on Hong Kong Island and in the New Territories., December 2023 - A joint venture between US private equity giant Blackstone and Hong Kong-based self-storage operator StoreFriendly has acquired an industrial building in Hong Kong’s New Territories for HKD560 million (USD 72 million), with plans to convert the Tsuen Wan property into a self-storage facility.. Key drivers for this market are: Growing Population Density is the Key Driver of the Market. Potential restraints include: Growing Population Density is the Key Driver of the Market. Notable trends are: Personal Segment is Expected to Drive the Market.