Special Allowance Adjustment Mechanism - Annual Data
Class C accommodation (70m2 to 99.9m2) 2018
  Year       Month   Hong
Kong
Kowloon New
Territories
  2018 1     476     365     264     SA Review to be Undertaken May 2019    
  2     468     383     260     2018 Average Rental Price Across All Areas: 368.00  
  3     448     364     260   Rental Price from 2015 Base Year: 340.00 TRUE
  4     460     365     266   % Difference: 8.24% * Provisional
  5     469     372     263        
  6     456     381     266   10% Threshold Not Met
  7     427     369     277   -- No Change in SA for 2019/2020
  8     444 *   376 *   286 *        
  9     455 *   394 *   272 *        
  10     452 *   411 *   281 *        
  11     *   *   * All      
  12     *   *   * Areas      
Average Rental Price: 456 378 270 368.00
* Provisional Figures
Class C accommodation (70m2 to 99.9m2) 2017
  Year       Month   Hong
Kong
Kowloon New
Territories
  2017 1     422     346     248   SA Review Undertaken May 2018    
  2     427     334     248   2017 Average Rental Price Across All Areas: 349.00  
  3     432     343     254   Rental Price from 2015 Base Year: 340.00 FALSE
  4     422     356     251   % Difference: 2.65%  
  5     427     358     260        
  6     426     359     260   10% Threshold Not Met
  7     435   365   260   -- No Change in SA for 2018/2019
  8     427     352     265        
  9     436     361     261        
  10     423     361     260        
  11     467   357   269 All      
  12     458     364     263 Areas      
Average Rental Price: 434 355 258 349.00
Class C accommodation (70m2 to 99.9m2) 2016
  Year       Month   Hong
Kong
Kowloon New
Territories
  2016 1     398     339     247   SA Review Undertaken May 2017    
  2     412     318     230   2016 Average Rental Price Across All Areas: 319.00  
  3     385     327     230   Rental Price from 2015 Base Year: 340.00 FALSE
  4     390     300     231   % Difference: -6.18%  
  5     408     313     225        
  6     385     332     223   10% Threshold Not Met
  7     387     336     225   -- No Change in SA for 2017/2018
  8     402     333     232        
  9     397     333     233        
  10     396     324     244        
  11     399     344     246 All      
  12     383     348     245 Areas      
Average Rental Price: 395 329 234 319.00
Class C accommodation (70m2 to 99.9m2) 2015
  Year       Month   Hong
Kong
Kowloon New
Territories
  2015 1     397     349     251     SA Review Undertaken May-Aug 2016    
  2     407     350     244   2015 Average Rental Price Across All Areas: 340.00  
  3     411     351     245   Rental Price from 2013 Base Year: 292.00 FALSE
  4     415     347   236   % Difference: 16.44%  
  5     421     372   253        
  6     419     384   249   10% Threshold Met
  7     433     373   249    
  8     437     369     261       New SA
  9     428     355     253   Change in SA For 2016/2017: +10.00% $20,989
  10     428     336     246        
  11     418     329     244 All Base Year Changed to 2015 Av Rent: 340.00  
  12     412     321     247 Areas      
Average Rental Price: 419 353 248 340.00
Class C accommodation (70m2 to 99.9m2) 2014
  Year       Month   Hong
Kong
Kowloon New
Territories
  2014 1     378     310     223   SA Review Undertaken May 2015    
  2     384     333     217   2014 Average Rental Price Across All Areas: 312.00  
  3     366     284     227   Rental Price from 2013 Base Year: 292.00 FALSE
  4     402     322     213   % Difference: 6.85%  
  5     377     321     220        
  6     368     308     226   10% Threshold Not Met
  7     387     327     230   -- No Change in SA for 2015/2016
  8     412     327     227        
  9     398     329     225        
  10     395     325     236        
  11     402     326     233   All      
  12     402     333     238   Areas      
Average Rental Price: 389 320 226 312.00
 
Class C accommodation (70m2 to 99.9m2) 2013
  Year       Month   Hong
Kong
Kowloon New
Territories
  2013 1     367   216   199   SA Review Undertaken May-Aug 2014    
  2   334   263   233   2013 Average Rental Price Across All Areas: 292.00  
  3   359   295   232   Rental Price from 2010 Base Year: 258.00 FALSE
  4   358   262   232   % Difference: 13.18%  
  5   361   228   212        
  6   352   256   227   10% Threshold Met
  7   384     329   219    
  8   397     317   230       New SA
  9   379     299   231   Change in SA For 2014/2015: +13.18% $19,081
  10   391     307   231        
  11     376     310   224   All Base Year Changed to 2013 Av Rent: 292.00  
  12     386     304   215   Areas      
Average Rental Price: 370 282 224 292.00
 
 
Class C accommodation (70m2 to 99.9m2) 2012
  Year       Month   Hong
Kong
Kowloon New
Territories
  2012 1     338     257     187   SA Review Undertaken May 2013    
  2     346     294     193   2012 Average Rental Price Across All Areas: 278.00  
  3     327     275     188   Rental Price from 2010 Base Year: 258.00 FALSE
  4     350     291     185   % Difference: 7.75%  
  5     354     287     182        
  6     367     285     185   10% Threshold Not Met
  7     350     245     193   -- No Change in SA for 2013/2014
  8     372     275     202        
  9   353   280     208        
  10   342   273     212        
  11   310   315   202   All      
  12   363   400   223   Areas      
Average Rental Price: 348 290 197 278.00
 
Class C accommodation (70m2 to 99.9m2) 2011
  Year       Month   Hong
Kong
Kowloon New
Territories
  2011 1     334     280     177   SA Review Undertaken May 2012    
  2     345     297     176   2011 Average Rental Price Across All Areas: 277.00  
  3     347     286     183   Rental Price from 2010 Base Year: 258.00 FALSE
  4     348     303     177   % Difference: 7.36%  
  5     353     287     191        
  6     353     293     201   10% Threshold Not Met
  7     383     308     198   -- No Change in SA for 2012/2013
  8     384     285     198        
  9     358     285     192        
  10     356     274     193        
  11     363     273     196   All      
  12     349     262     195   Areas      
Average Rental Price: 356 286 190 277.00
Class C accommodation (70m2 to 99.9m2) 2010
  Year       Month   Hong
Kong
Kowloon New
Territories
  2010 1     309     221     150   SA Review Undertaken May-Aug 2011    
  2     310     254     169   2010 Average Rental Price Across All Areas: 258.00  
  3     296     262     163   Rental Price from 2007 Base Year: 218.00 FALSE
  4     322     288     169   % Difference: 18.35%  
  5     312     298     171        
  6     317     280     178   10% Threshold Met
  7     332     293     174    
  8     341     287     187       New SA
  9     329     291     179   Change in SA For 2011/2012: +18.35% $16,859
  10     341     264     181        
  11     350     292     184   All Base Year Changed to 2010 Av Rent: 258.00  
  12     347     277     178   Areas      
Average Rental Price: 326 276 174 258.00
Class C accommodation (70m2 to 99.9m2) 2009
  Year       Month   Hong
Kong
Kowloon New
Territories
  2009 1     256     217     141   SA Review Undertaken May 2010    
  2     261     224     136   2009 Average Rental Price Across All Areas: 215.00  
  3     246     217     131   Rental Price from 2007 Base Year: 218.00 FALSE
  4     243     214     129   % Difference: -1.38%  
  5     258     214     133        
  6     257     233     133   10% Threshold Not Met
  7     269     214     137   -- No Change in SA for 2010/2011
  8     291     239     148        
  9     300     258     146        
  10     292     240     162        
  11     296     257     161   All      
  12     299     248     153   Areas      
Average Rental Price: 272 231 143 215.00
Class C accommodation (70m2 to 99.9m2) 2008
  Year       Month   Hong
Kong
Kowloon New
Territories
  2008 1     326     243     155   SA Review Undertaken May-Aug 2009    
  2     332     241     177   2008 Average Rental Price Across All Areas: 255.00  
  3     350     277     167   Rental Price from 2007 Base Year: 218.00 FALSE
  4     341     266     182   % Difference: 16.97%  
  5     345     292     176        
  6     353     238     176   10% Threshold Met
  7     346     291     181    
  8     361     304     193       New SA
  9     358     295     163   Change in SA For 2009/2010: 0.00% $14,245
  10     324     263     175        
  11     300     217     153   All      
  12     266     223     137   Areas      
Average Rental Price: 334 263 170 255.00
   
Class C accommodation (70m2 to 99.9m2) 2007
  Year       Month   Hong
Kong
Kowloon New
Territories
  2007 1     257     208     133   SA Review Undertaken May-Aug 2008    
  2     282     226     130   2007 Average Rental Price Across All Areas: 218.00  
  3     269     211     137   Rental Price from ?? Base Year: 185.00 FALSE
  4     270     210     132   % Difference: 17.84%  
  5     302     192     144        
  6     277     209     141   10% Threshold Met
  7     290     209     146    
  8     299     219     152       New SA
  9     295     220     146   Change in SA For 2008/2009: +10.00% $14,245
  10     300     256     158        
  11     316     246     144   All Base Year Changed to 2007 Av Rent: 218.00  
  12     304     227     151   Areas      
Average Rental Price: 288 219 143 218.00
Class C accommodation (70m2 to 99.9m2) 2006
  Year       Month   Hong
Kong
Kowloon New
Territories
  2006 1     259     184     125   SA Review Undertaken May 2007    
  2     245     172     112   2006 Average Rental Price Across All Areas: 192.00  
  3     237     204     137   Rental Price from 2007 Base Year: 185.00 FALSE
  4     248     186     131   % Difference: 3.78%  
  5     255     194     113        
  6     243     195     111   10% Threshold Not Met
  7     263     203     130   -- No Change in SA for 2007/2008
  8     274     209     132        
  9     280     202     124        
  10     243     197     126        
  11     261     194     122   All      
  12     260     216     120   Areas      
Average Rental Price: 256 196 124 192.00
Class C accommodation (70m2 to 99.9m2) 2005
  Year       Month   Hong
Kong
Kowloon New
Territories
  2005 1     231     186     124   SA Review Undertaken Nov 2005 Using Partial Class C 2015 Data  
  2     230     189     136   Jan-Jul 2005 Average Rental Price Across All Areas: 185.00  
  3     246     183     109   The EDB changed the adustment mechanism to use Class C rental data. As a starting point it "made reference to the relevant rental prices from January to July 2005 … which is about $185/m. The resulting figure is about $12,950 (= $185/m2  x 70m2)"
    4     233     205     131  
    5     240     177     114  
    6     239     181     117  
  7     244     185     120  
    8     242     205     116       New SA
    9     250     195     127   Change in SA For 2005/2006 (Backdated): +23.33% $12,950
    10     267     188     120        
    11     245     221     126   All Base Year Changed to 2005 Av Rent: 185.00  
    12     236     199     130   Areas      
Average Rental Price: 242 193 123 185.75
Class C accommodation (70m2 to 99.9m2) 2004
  Year       Month   Hong
Kong
Kowloon New
Territories
  2004 1     203     151     114  
  2     200     155     117  
  3     211     147     114  
    4     225     173     113  
    5     204     155     124  
    6     207     171     107  
  7     215     165     114  
    8     216     181     113  
    9     209     188     115  
    10     218     185     118  
    11     228     180     114   All
    12     226     183     105   Areas
Average Rental Price: 214 170 114 165.67
Class C accommodation (70m2 to 99.9m2) 2003
  Year       Month   Hong
Kong
Kowloon New
Territories
  2003 1     197     165     111   SA Review Undertaken Nov 2003 Using CCPI    
  2     194     146     115   The EDB said to LegCo, "The private housing rent component of the Composite Consumer Price Index (CCPI) in end 2002 is 81.24% to that in 1997 when the Special Allowance rate was set. The exact new Special Allowance rate will be set by taking into account the 2003 annual private housing rental index."
  3     199     170     108  
  4     185     157     110  
  5     181     167     98  
  6     189     159     97  
  7     186     159     91  
  8     199     154     103       New SA
  9     189     149     104   Change in SA For 2004/2005: -19.23% $10,500
  10     192     152     95        
  11     185     153     102   All Starting SA From 1997:  $13,000
  12     197     147     107   Areas      
Average Rental Price: 191 157 103 150.33