In "Hong Kong Property," the Centaline Property February rental index CRI rose by 0.12% month-on-month, reaching a new high for the fourth time in eight months

Yang Mingyi, Senior Associate Director of the Research Department at Centaline Property, pointed out that in February 2026, the Centaline City Rental Index (CRI) reported a latest figure of 130.22 points, rising 0.12% month-on-month, marking a total increase of 0.84% over three consecutive months. The index has surpassed the previous high of 130.09 points in October 2025, setting a new historical high, and has reached new highs four times in the past eight months. This reflects that rents have not decreased due to the leasing off-season; on the contrary, supported by a favorable property and stock market, as well as talent programs and international students, rents have received actual rigid demand support. Coupled with insufficient supply, this is conducive to a steady rise in local private housing rents. It is believed that the CRI will continue to rise strongly, awaiting the arrival of the summer peak season, with expectations of reaching new peaks in the second or third quarter.

The Centaline City Large Estate Rental Index (CRI_Mass) reported 136.48 points, rising 0.29% month-on-month. The CRI (small and medium-sized units) reported 132.74 points, rising 0.23% month-on-month. Both CRI_Mass and CRI (small and medium-sized units) have risen for three consecutive months, with cumulative increases of 0.99% and 0.89%, respectively, both surpassing the October 2025 high and setting new historical highs. The CRI (large units) reported 113.37 points, falling 0.71% month-on-month, marking a total decline of 1.40% over two consecutive months, but the index remains the fifth highest in history.

In the four districts, the Hong Kong Island CRI_Mass reported 126.45 points, rising 1.10% month-on-month, with a total increase of 1.63% over two consecutive months, setting the sixth highest in history. The New Territories West CRI_Mass reported 159.16 points, rising 0.07% month-on-month, with a total increase of 0.61% over three consecutive months, setting the third highest in history. The New Territories East CRI_Mass reported 158.35 points, rising 0.02% month-on-month, with a total increase of 1.73% over two consecutive months, continuously setting new historical highs for two months, surpassing the previous high of 158.32 points in January 2026, with rents in the New Territories East reaching new highs five times in the past eight months. The Kowloon CRI_Mass reported 121.56 points, remaining flat month-on-month, stabilizing after rising for two consecutive months, and the index continues to be the fifth highest in history.

Among the 121 large component estates in the CRI, in February 2026, 68 estates (or 56.2%) recorded a month-on-month increase in the three-month moving average adjusted rent, with 22 in Kowloon, 18 in New Territories East, 15 in New Territories West, and 13 on Hong Kong Island. The estates with rent increases exceeding 3% are all second-tier estates, including Lung Mun with a rise of 4.39%, Tai Po Centre with a rise of 3.33%, Victoria Harbour Bay with a rise of 3.29%, Jin Cheng Feng with a rise of 3.05%, Hong Kong View Peak with a rise of 3.05%, and Guangming Terrace with a rise of 3.04%. In contrast, the rent increases for traditional major large first-tier estates are relatively small or have softened, with Mei Foo Sun Chuen rising 1.33%, Taikoo Shing rising 0.83%, and both Jiahu Mountain Villa and Shatin First City falling by 0.12% and 0.34%, respectively As for the 22 luxury residential estates, in February, 12 estates (or 54.5%) recorded a month-on-month increase in rental prices. The most significant increases were seen in Imperial Garden with a rise of 5.55%, Peak Residence with an increase of 3.59%, Ocean View Residence with a rise of 1.97%, and Yongjing Terrace with an increase of 1.75%