|Hong Kong||$ 28,570|
Asia: Square metre prices, premier city centre, US$.
Average per square metre (sq. m.) prices in US$/€ of 120-sq. m. apartments located in the centre of the most important city of each country, either the:
- Administrative capital; and/or
- Financial capital; and/or
- The centre of the rental market
Residential square metre prices published by the Global Property Guide are based on in-house research, using a simple method we systematically scan web advertisements, looking at offers for sale, and offers for rent, of resale apartments and houses.
Properties are in excellent condition, with good facilities, and have been refurbished or redecorated within the last five years.
Newly-built and pre-sale property prices are not included. Buyers should expect the prices of new properties to be higher than house prices published by the Global Property Guide.
When was this data collected? Click on individual countries to see the data collection date.
Many countries produce residential house price time-series.
Source: Global Property Guide Research
Statistics in Asia. Asia has surprisingly good house price statistics, though the quality varies greatly. The ex-British colonies tend to have good house price statistics Hong Kong, Singapore and Malaysia all have excellent houses price time series, the best being Hong Kong, where the data is arguably richer than in the UK, since there are official rents statistics. However in the Indian sub-continent, only India has house price statistics, and this only in a new series, not yet available on the web.
Japan publishes no house price statistics. Its ex-colonies do better: Korea has a good house price time-series, and Taiwan also has one.
Indonesia has house price statistics, and so does China (both of questionable quality). In Thailand, the Bank of Thailand publishes a time-series. In the Philippines, Colliers produces residential property data.
No house-price time-series are produced in Vietnam, Cambodia, or Laos.