hk-property-analysis

Data Analysis of Lease Price in Hong Kong

Summary of the data

Number of records: 1485

Number of district areas: 83

Data is obtained from https://www.28hse.com/en/rent/residential

Source code can be found at https://github.com/kuanjiahong/hk-property-analysis

Lease Price

Highest lease price: HKD$400,000

Most expensive lease price is located at Southern District with lease price of HKD$400,000

Cheapest lease price: HKD$2,600

Cheapest lease price is located at Yuen Long with lease price of HKD$2,600

Average lease price: HKD$20,618.55

Median lease price: HKD$16500.0

Standard deviation of lease price: HKD$20266.2066

Gross Area

Largest gross area in sqft: 5,500.0

Largest gross area is located at Southern District with gross area of 5,500.0

Smallest gross area in sqft: 70.0

Smallest gross area is located at Mong Kok with gross area of 70.0

Average gross area in sqft: 730.58

Median gross area in sqft: 672.0

Standard deviation of gross area in sqft: 509.3732

Saleable Area

Largest saleable area in sqft: 5,283.0

Largest saleable area is located at Southern District with saleable area of 5,283.0

Smallest saleable area in sqft: 24.0

Smallest saleable area is located at Causeway Bay with saleable area of 24.0

Average saleable area in sqft: 547.52

Median saleable area in sqft: 481.0

Standard deviation of saleable area in sqft: 389.5065

Top 10 most expensive district areas ranked according to the district area’s average price

  1. Southern District : 400,000.0
  2. Mid-levels Central : 100,133.33
  3. Yau Yat Tsuen : 56,666.67
  4. North Point Mid : 50,000.0
  5. Kowloon Station : 49,942.31
  6. Kowloon Tong : 48,500.0
  7. Kowloon City : 46,871.43
  8. Western Mid-levels : 46,400.0
  9. Ho Man Tin : 43,706.67
  10. Wong Chuk Hang : 42,500.0

Top 10 cheapest district areas ranked according to district area’s average price

  1. San Po Kong : 3,900.0
  2. Lok Fu : 9,500.0
  3. Fanling : 9,734.29
  4. Chai Wan : 9,800.0
  5. Diamond Hill : 9,800.0
  6. Jordan : 9,837.5
  7. Sham Shui Po : 10,210.0
  8. Shek Kip Mei : 10,500.0
  9. Hung Shui Kiu : 10,716.67
  10. Aberdeen : 10,950.0

District Areas and their number of listings

  1. Yuen Long : 101
  2. Tsing Yi : 86
  3. Ma Wan : 84
  4. Tsuen Wan : 77
  5. Tung Chung : 66
  6. Wan Chai : 57
  7. Causeway Bay : 44
  8. Tsim Sha Tsui : 41
  9. North Point : 40
  10. Mong Kok : 39
  11. Hung Hom : 37
  12. To Kwa Wan : 37
  13. Quarry Bay : 37
  14. Cheung Sha Wan : 33
  15. Kennedy Town : 32
  16. Yau Tong : 31
  17. Sham Shui Po : 30
  18. Ho Man Tin : 30
  19. Tai Po : 29
  20. Tuen Mun : 28
  21. Shatin : 28
  22. Kowloon Station : 26
  23. Tai Wai : 23
  24. Tin Shui Wai : 23
  25. Kai Tak : 20
  26. Kwun Tong : 20
  27. Lohas Park District : 18
  28. Prince Edward : 18
  29. Tai Kok Tsui : 18
  30. Olympic : 17
  31. Sai Ying Pun : 17
  32. Jordan : 16
  33. Tseung Kwan O : 15
  34. Tuen Mun Castle Peak Road : 15
  35. Sai Wan Ho : 15
  36. Yau Ma Tei : 15
  37. Fanling : 14
  38. Kowloon Bay : 12
  39. Fotan : 12
  40. Nam Cheong : 11
  41. Whampoa : 11
  42. Mei Foo : 11
  43. Shaukeiwan : 11
  44. Sheung Wan : 10
  45. Sai Kung : 10
  46. Ma On Shan : 7
  47. Kwai Chung : 7
  48. Lam Tin : 7
  49. Sheung Shui : 7
  50. Fortress Hill : 7
  51. Kowloon Tong : 7
  52. Kowloon City : 7
  53. Hung Shui Kiu : 6
  54. Happy Valley : 6
  55. Taikoo Shing : 6
  56. Mid-levels Central : 6
  57. Western Mid-levels : 5
  58. Tai Hang : 5
  59. Yau Yat Tsuen : 3
  60. Kwai Fong : 3
  61. North Point Mid : 3
  62. Aberdeen : 2
  63. Shek Tong Tsui : 2
  64. Wong Chuk Hang : 2
  65. Clear Water Bay : 2
  66. Ngau Tau Kok : 2
  67. Tai Wo : 2
  68. Discovery Bay : 1
  69. San Po Kong : 1
  70. Ap Lei Chau : 1
  71. Tin Hau : 1
  72. Shek Kip Mei : 1
  73. Diamond Hill : 1
  74. Lok Fu : 1
  75. Lai Chi Kok : 1
  76. Wong Tai Sin : 1
  77. South Lantau Island : 1
  78. Baguio Villa : 1
  79. Chai Wan : 1
  80. Ngau Chi Wan : 1
  81. Southern District : 1
  82. Central : 1
  83. Siu Sai Wan : 1