Special Allowance Adjustment Mechanism - Annual Data
Class C accommodation (70m2 to 99.9m2) 2023
	Year				Month		Hong Kong			Kowloon			New Territories
	2023				1			432			332			242			SA Review to be Undertaken May 2024
					2			407			344			243			2023 Average Rental Price Across All Areas:	341.00
					3			401			343			253			Rental Price from 2015 Base Year:	340.00	TRUE
					4			416			354			250			% Difference:	0.29%	* Provisional
					5			412			349			255
					6			411			353			254			10% Threshold Not Met
					7			410			345			261			-- No Change in SA for 2024/2025
					8			409			347			260
					9			403			354			257
					10			424	*		363	*		269	*
					11			421	*		370	*		259	*	All
					12			433	*		367	*		267	*	Areas
Average Rental Price:							415			352			256			341.00
									* Provisional Figures
Class C accommodation (70m2 to 99.9m2) 2022
	Year				Month		Hong Kong			Kowloon			New Territories
	2022				1			396			348			273			SA Review Undertaken May 2023
					2			407			361			259			2022 Average Rental Price Across All Areas:	333.00
					3			398			349			260			Rental Price from 2015 Base Year:	340.00	FALSE
					4			391			335			254			% Difference:	-2.06%
					5			392			349			258
					6			387			329			260			10% Threshold Not Met
					7			407			340			255			-- No Change in SA for 2023/2024
					8			404			331			258
					9			403			337			261
					10			392			349			255
					11			415			326			251		All
					12			400			341			251		Areas
Average Rental Price:							399			341			258			333.00
Class C accommodation (70m2 to 99.9m2) 2021
	Year				Month		Hong Kong			Kowloon			New Territories
	2021				1			387			346			252			SA Review Undertaken May 2022
					2			402			350			258			2021 Average Rental Price Across All Areas:	340.00
					3			417			348			259			Rental Price from 2015 Base Year:	340.00	FALSE
					4			397			345			258			% Difference:	0.00%
					5			413			359			262
					6			415			350			264			10% Threshold Not Met
					7			412			337			262			-- No Change in SA for 2022/2023
					8			411			347			268
					9			417			357			272
					10			409			349			271
					11			399			347			260		All
					12			408			364			261		Areas
Average Rental Price:							407			350			262			340.00
Class C accommodation (70m2 to 99.9m2) 2020
	Year				Month		Hong Kong			Kowloon			New Territories
	2020				1			434			358			262			SA Review Undertaken May 2021
					2			437			367			262			2020 Average Rental Price Across All Areas:	338.00
					3			413			340			250			Rental Price from 2015 Base Year:	340.00	FALSE
					4			396			343			245			% Difference:	-0.59%
					5			416			355			254
					6			412			360			251			10% Threshold Not Met
					7			413			345			254			-- No Change in SA for 2021/2022
					8			397			339			258
					9			416			345			264
					10			400			345			259
					11			406			336			257		All
					12			383			342			261		Areas
Average Rental Price:							410			348			256			338.00
Class C accommodation (70m2 to 99.9m2) 2019
	Year				Month		Hong Kong			Kowloon			New Territories
	2019				1			467			378			272			SA Review Undertaken May 2020
					2			452			369			270			2019 Average Rental Price Across All Areas:	363.00
					3			458			368			265			Rental Price from 2015 Base Year:	340.00	FALSE
					4			441			372			267			% Difference:	6.76%
					5			452			378			270
					6			459			369			271			10% Threshold Not Met
					7			459			365			280			-- No Change in SA for 2020/2021
					8			454			382			279
					9			451			367			275
					10			426			360			262
					11			440			357			263		All
					12			436			385			264		Areas
Average Rental Price:							450			371			270			363.00
Class C accommodation (70m2 to 99.9m2) 2018
	Year				Month		Hong Kong			Kowloon			New Territories
	2018				1			476			365			264			SA Review Undertaken May 2019
					2			468			383			260			2018 Average Rental Price Across All Areas:	367.00
					3			448			364			260			Rental Price from 2015 Base Year:	340.00	FALSE
					4			460			365			266			% Difference:	7.94%
					5			469			372			263
					6			456			381			266			10% Threshold Not Met
					7			427			369			277			-- No Change in SA for 2019/2020
					8			443			374			285
					9			458			385			270
					10			468			392			275
					11			467			383			271		All
					12			436			381			260		Areas
Average Rental Price:							456			376			268			367.00
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
Class C accommodation (70m2 to 99.9m2) 2002
	Year				Month		Hong Kong	Hong Kong		Kowloon			New Territories
	2002				1			244			166			136
					2			236			193			139
					3			251			172			123
					4			242			162			119
					5			228			182			124
					6			230			171			116
					7			209			172			122
					8			220			162			123
					9			212			153			119
					10			213			139			119
					11			218			151			127
					12			194			147			110
Average Rental Price:							225			164			123			170.67
Class C accommodation (70m2 to 99.9m2) 2001
	Year				Month		Hong Kong	Hong Kong		Kowloon			New Territories
	2001				1			268			224			147
					2			259			209			162
					3			256			190			141
					4			253			172			136
					5			258			190			140
					6			254			176			140
					7			253			177			137
					8			256			183			140
					9			254			187			138
					10			249			176			147
					11			249			164			142
					12			238			177			135
Average Rental Price:							254			185			142			193.81
Class C accommodation (70m2 to 99.9m2) 2000
	Year				Month		Hong Kong	Hong Kong		Kowloon			New Territories
	2000				1			244			166			140
					2			242			161			137
					3			249			180			137
					4			258			159			147
					5			244			177			139
					6			248			168			143
					7			253			174			140
					8			248			155			142
					9			264			181			150
					10			250			183			150
					11			262			161			150
					12			266			205			145
Average Rental Price:							252			173			143			189.39
							港島			九龍			新界
	年	/	月				Hong						New
	Year	/	Month				Kong			Kowloon			Territories
	1999				1			249			187			150
					2			239			177			144
					3			247			177			142
					4			256			182			134
					5			233			175			133
					6			253			186			146
					7			255			181			133
					8			251			186			139
					9			253			177			136
					10			257			196			145
					11			236			196			136
					12			251			177			146
Average Rental Price:							248			183			140			190.58