Interpretation
The price index of Sea Crest Villa is shown in the graph below.
The price index is used to compare against the monthly price index of all residential properties provided by the Rating and Valuation Department.
As seen in the figure above, the trend of the price index of Sea Crest Villa is similar to that of the. RVD index for all residential properties in Hong Kong. An overall gradual increase in property price can be observed from both indices due to various reasons growing in Hong Kong, such as the lack of flat land and the hoarding of land by developers and the government for the long-term income.
Actual Index Data
| Month | Sea Crest Villa Index | RVD ALL |
|---|---|---|
| Jan-93 | 0.520291239 | 84.4 |
| Feb-93 | -2.955580385 | 85.2 |
| Mar-93 | 1.763451311 | 85.7 |
| Apr-93 | 3.071278761 | 87.5 |
| May-93 | 13.19945555 | 90.7 |
| Jun-93 | 19.37041049 | 94.9 |
| Jul-93 | 31.26021103 | 98.1 |
| Aug-93 | 31.27117637 | 98.3 |
| Sep-93 | 28.13115338 | 97.3 |
| Oct-93 | 28.37885755 | 95.5 |
| Nov-93 | 32.09287383 | 97.8 |
| Dec-93 | 43.11824022 | 100.8 |
| Jan-94 | 46.17039993 | 107.7 |
| Feb-94 | 48.198144 | 111.6 |
| Mar-94 | 61.69914635 | 119.4 |
| Apr-94 | 70.03181931 | 118.2 |
| May-94 | 76.04363626 | 116 |
| Jun-94 | 77.51917715 | 116.1 |
| Jul-94 | 78.25216784 | 113.8 |
| Aug-94 | 74.79344713 | 117.7 |
| Sep-94 | 80.16618167 | 116.3 |
| Oct-94 | 79.59106375 | 116.8 |
| Nov-94 | 76.9172082 | 115.2 |
| Dec-94 | 72.38753946 | 110.1 |
| Jan-95 | 63.0618005 | 110 |
| Feb-95 | 60.34099081 | 112.4 |
| Mar-95 | 68.08251957 | 113.3 |
| Apr-95 | 71.35314256 | 112.7 |
| May-95 | 65.40036974 | 110.1 |
| Jun-95 | 65.21128794 | 108.2 |
| Jul-95 | 57.45527931 | 106.4 |
| Aug-95 | 58.00242157 | 105 |
| Sep-95 | 58.87346305 | 101.6 |
| Oct-95 | 56.83123911 | 100.8 |
| Nov-95 | 62.53672949 | 103.2 |
| Dec-95 | 67.92647438 | 103.9 |
| Jan-96 | 69.79789209 | 105.2 |
| Feb-96 | 75.77976524 | 108.5 |
| Mar-96 | 79.14556174 | 112.8 |
| Apr-96 | 90.0105249 | 112.1 |
| May-96 | 91.7793183 | 113.5 |
| Jun-96 | 99.72890733 | 115 |
| Jul-96 | 97.70341255 | 114.6 |
| Aug-96 | 95.24085064 | 117.4 |
| Sep-96 | 103.0550599 | 118.2 |
| Oct-96 | 108.2316836 | 123.1 |
| Nov-96 | 117.4230269 | 128 |
| Dec-96 | 124.3959979 | 134.5 |
| Jan-97 | 137.0478895 | 142.7 |
| Feb-97 | 148.3326283 | 154.3 |
| Mar-97 | 166.217376 | 162.2 |
| Apr-97 | 173.9929254 | 157 |
| May-97 | 177.30263 | 172.3 |
| Jun-97 | 186.5227924 | 172 |
| Jul-97 | 190.2930412 | 167.2 |
| Aug-97 | 183.9124796 | 171.1 |
| Sep-97 | 184.5276632 | 170.3 |
| Oct-97 | 185.662154 | 172.9 |
| Nov-97 | 170.8233804 | 160.5 |
| Dec-97 | 165.7673754 | 155 |
| Jan-98 | 137.8231951 | 143.7 |
| Feb-98 | 139.1634968 | 136.6 |
| Mar-98 | 140.9554861 | 138.7 |
| Apr-98 | 134.913163 | 134.3 |
| May-98 | 131.5986787 | 127.6 |
| Jun-98 | 113.7123846 | 112.5 |
| Jul-98 | 103.4007492 | 108 |
| Aug-98 | 104.2058581 | 104.5 |
| Sep-98 | 96.07435692 | 98.5 |
| Oct-98 | 88.94730884 | 95.6 |
| Nov-98 | 98.9370131 | 100.3 |
| Dec-98 | 102.559511 | 104.6 |
| Jan-99 | 103.8 | 103.8 |
| Feb-99 | 104.3194478 | 102 |
| Mar-99 | 107.087071 | 101.7 |
| Apr-99 | 109.1096136 | 102 |
| May-99 | 113.7393762 | 102.9 |
| Jun-99 | 111.9906859 | 102.3 |
| Jul-99 | 110.7336083 | 101.6 |
| Aug-99 | 110.7553984 | 100.5 |
| Sep-99 | 113.1451392 | 97.1 |
| Oct-99 | 106.719451 | 95.8 |
| Nov-99 | 99.70486793 | 94.3 |
| Dec-99 | 103.9144331 | 95.7 |
| Jan-00 | 115.2094344 | 97.5 |
| Feb-00 | 107.5185149 | 97.5 |
| Mar-00 | 108.7189382 | 95.3 |
| Apr-00 | 105.9174349 | 93.9 |
| May-00 | 89.51947457 | 90.3 |
| Jun-00 | 85.76454914 | 86 |
| Jul-00 | 88.23048501 | 86.6 |
| Aug-00 | 93.7979246 | 87.2 |
| Sep-00 | 98.75299223 | 88.2 |
| Oct-00 | 103.4430642 | 87 |
| Nov-00 | 107.1776053 | 83.7 |
| Dec-00 | 91.08976723 | 81.8 |
| Jan-01 | 94.38934995 | 80.7 |
| Feb-01 | 95.42346569 | 80.2 |
| Mar-01 | 94.15415751 | 82.1 |
| Apr-01 | 95.41995116 | 82.2 |
| May-01 | 90.05902544 | 80.5 |
| Jun-01 | 94.1332109 | 80.9 |
| Jul-01 | 92.59272147 | 80.2 |
| Aug-01 | 94.05364191 | 78.5 |
| Sep-01 | 83.24252136 | 77.2 |
| Oct-01 | 77.25319741 | 74.1 |
| Nov-01 | 82.00779617 | 73.6 |
| Dec-01 | 88.70803954 | 73.8 |
| Jan-02 | 89.1749099 | 74.1 |
| Feb-02 | 83.91253164 | 73.9 |
| Mar-02 | 84.85105212 | 73.3 |
| Apr-02 | 88.5538219 | 72.3 |
| May-02 | 86.41951723 | 72.4 |
| Jun-02 | 81.74589328 | 71.9 |
| Jul-02 | 84.85920584 | 70.9 |
| Aug-02 | 77.50638426 | 68.3 |
| Sep-02 | 28.34708619 | 66.7 |
| Oct-02 | 64.50571061 | 65.4 |
| Nov-02 | 49.55250385 | 65.1 |
| Dec-02 | 60.66699875 | 64.8 |
| Jan-03 | 60.6186388 | 63.6 |
| Feb-03 | 62.01587593 | 63.4 |
| Mar-03 | 66.26747494 | 61.2 |
| Apr-03 | 49.29327201 | 60.5 |
| May-03 | 53.02261164 | 59.7 |
| Jun-03 | 57.60471719 | 59.3 |
| Jul-03 | 42.39818301 | 58.4 |
| Aug-03 | 50.92303054 | 58.6 |
| Sep-03 | 56.45138854 | 60.9 |
| Oct-03 | 63.6806392 | 63.4 |
| Nov-03 | 60.53232191 | 64.3 |
| Dec-03 | 68.89001832 | 65.4 |
| Jan-04 | 79.88431625 | 69.5 |
| Feb-04 | 88.47537756 | 73.2 |
| Mar-04 | 101.8744585 | 78.1 |
| Apr-04 | 108.4643456 | 79.4 |
| May-04 | 109.3157057 | 77.5 |
| Jun-04 | 117.6867573 | 74.7 |
| Jul-04 | 117.6236363 | 74.9 |
| Aug-04 | 111.8467307 | 77.6 |
| Sep-04 | 115.7569984 | 80.9 |
| Oct-04 | 125.1503569 | 84.1 |
| Nov-04 | 129.4708408 | 82.7 |
| Dec-04 | 127.04483 | 83.3 |
| Jan-05 | 139.6801329 | 85.7 |
| Feb-05 | 133.4180814 | 89.4 |
| Mar-05 | 139.8874903 | 94.6 |
| Apr-05 | 153.6339475 | 95.4 |
| May-05 | 154.2421021 | 95.3 |
| Jun-05 | 165.3071124 | 92.9 |
| Jul-05 | 160.915635 | 92.8 |
| Aug-05 | 154.0097212 | 93.9 |
| Sep-05 | 160.6243506 | 94 |
| Oct-05 | 163.1079997 | 91.8 |
| Nov-05 | 151.1650595 | 88.5 |
| Dec-05 | 153.1734033 | 90.1 |
| Jan-06 | 148.8637443 | 90.8 |
| Feb-06 | 144.0768118 | 91.1 |
| Mar-06 | 156.4319363 | 92.6 |
| Apr-06 | 145.7615376 | 93.4 |
| May-06 | 149.2159003 | 94 |
| Jun-06 | 153.1891484 | 92.3 |
| Jul-06 | 150.3595288 | 91.9 |
| Aug-06 | 134.2113814 | 93 |
| Sep-06 | 147.2805181 | 93.3 |
| Oct-06 | 145.1681441 | 93.1 |
| Nov-06 | 141.5781205 | 93 |
| Dec-06 | 140.1797587 | 93.8 |
| Jan-07 | 146.0912007 | 95.2 |
| Feb-07 | 142.0965842 | 96.6 |
| Mar-07 | 149.9843175 | 97.9 |
| Apr-07 | 149.1097615 | 98.7 |
| May-07 | 157.9793142 | 100.5 |
| Jun-07 | 154.5522243 | 101.6 |
| Jul-07 | 152.8212473 | 102.8 |
| Aug-07 | 156.1220952 | 104 |
| Sep-07 | 158.2878901 | 105.3 |
| Oct-07 | 165.5975532 | 108.5 |
| Nov-07 | 173.4744617 | 113.3 |
| Dec-07 | 177.3911962 | 117.9 |
| Jan-08 | 188.6236388 | 123.2 |
| Feb-08 | 196.3865359 | 125.5 |
| Mar-08 | 197.1961434 | 126.4 |
| Apr-08 | 195.638503 | 124.7 |
| May-08 | 203.0902938 | 126.4 |
| Jun-08 | 197.3094519 | 126.6 |
| Jul-08 | 199.6397268 | 124.9 |
| Aug-08 | 194.8570118 | 122.9 |
| Sep-08 | 201.6671897 | 121.9 |
| Oct-08 | 177.887448 | 114.3 |
| Nov-08 | 193.7552765 | 104.9 |
| Dec-08 | 169.1278298 | 104.8 |
| Jan-09 | 182.2980445 | 107.1 |
| Feb-09 | 182.9385327 | 107.8 |
| Mar-09 | 189.6566299 | 109.2 |
| Apr-09 | 189.9882611 | 113.4 |
| May-09 | 186.7496906 | 116.7 |
| Jun-09 | 198.8975983 | 121.1 |
| Jul-09 | 200.7543956 | 124.1 |
| Aug-09 | 207.1145729 | 127.4 |
| Sep-09 | 210.414718 | 129.9 |
| Oct-09 | 213.2422288 | 131.7 |
| Nov-09 | 214.9054457 | 132.3 |
| Dec-09 | 219.5834277 | 134.7 |
| Jan-10 | 223.2146416 | 138.3 |
| Feb-10 | 226.3916374 | 140.7 |
| Mar-10 | 227.8788466 | 143.4 |
| Apr-10 | 232.6469411 | 146.6 |
| May-10 | 236.0231407 | 145.8 |
| Jun-10 | 236.4810138 | 146.9 |
| Jul-10 | 243.4993926 | 151.3 |
| Aug-10 | 247.0352924 | 154.9 |
| Sep-10 | 250.9771909 | 156.1 |
| Oct-10 | 254.4239622 | 160.2 |
| Nov-10 | 258.1946327 | 163.7 |
| Dec-10 | 258.2673132 | 163 |
| Jan-11 | 264.3012014 | 169.5 |
| Feb-11 | 265.8626375 | 176.4 |
| Mar-11 | 273.2158808 | 179.5 |
| Apr-11 | 278.4754474 | 183.3 |
| May-11 | 278.9891314 | 185.9 |
| Jun-11 | 280.5561907 | 188.1 |
| Jul-11 | 275.6570744 | 185.5 |
| Aug-11 | 279.3947083 | 184.5 |
| Sep-11 | 276.6609651 | 185.6 |
| Oct-11 | 282.0464926 | 183.2 |
| Nov-11 | 273.3800797 | 182 |
| Dec-11 | 275.3955932 | 181.1 |
| Jan-12 | 275.9053409 | 179.8 |
| Feb-12 | 288.0368006 | 183.8 |
| Mar-12 | 289.6941131 | 192.2 |
| Apr-12 | 292.866048 | 198.5 |
| May-12 | 294.6999305 | 203.2 |
| Jun-12 | 295.0584127 | 205.1 |
| Jul-12 | 301.738553 | 206.1 |
| Aug-12 | 304.2407588 | 210.8 |
| Sep-12 | 310.7328013 | 217.8 |
| Oct-12 | 321.7479053 | 223.7 |
| Nov-12 | 320.1493558 | 225.9 |
| Dec-12 | 316.4408222 | 227.6 |
| Jan-13 | 328.757568 | 232.5 |
| Feb-13 | 335.9113265 | 240 |
| Mar-13 | 342.9991524 | 239.9 |
| Apr-13 | 345.7316304 | 239.4 |
| May-13 | 338.2175621 | 240.8 |
| Jun-13 | 339.2757172 | 243.3 |
| Jul-13 | 343.79428 | 245.1 |
| Aug-13 | 343.6597438 | 246.3 |
| Sep-13 | 344.3916098 | 245.5 |
| Oct-13 | 341.4094596 | 245.4 |
| Nov-13 | 343.5846734 | 245 |
| Dec-13 | 344.733644 | 245.1 |
| Jan-14 | 343.8804564 | 244.7 |
| Feb-14 | 342.5272212 | 244.3 |
| Mar-14 | 346.1106375 | 243.7 |
| Apr-14 | 347.4069372 | 245 |
| May-14 | 349.2285892 | 247.4 |
| Jun-14 | 355.9035279 | 250.3 |
| Jul-14 | 356.6158532 | 256.4 |
| Aug-14 | 360.8876959 | 261.2 |
| Sep-14 | 358.9331946 | 266.3 |
| Oct-14 | 368.9583254 | 270.5 |
| Nov-14 | 366.4323613 | 274.1 |
| Dec-14 | 376.493762 | 278.3 |
| Jan-15 | 381.8139192 | 284.6 |
| Feb-15 | 380.8607782 | 291.5 |
| Mar-15 | 381.6449405 | 291.5 |
| Apr-15 | 383.256564 | 297.4 |
| May-15 | 381.9670122 | 298.8 |
| Jun-15 | 394.1005806 | 301.3 |
| Jul-15 | 400.5276746 | 304.1 |
| Aug-15 | 394.7492225 | 305.3 |
| Sep-15 | 387.4842642 | 306.1 |
| Oct-15 | 381.9383336 | 302.3 |
| Nov-15 | 385.5275137 | 293.4 |
| Dec-15 | 387.8749396 | 285 |
| Jan-16 | 364.6542896 | 279 |
| Feb-16 | 374.8326539 | 273.7 |
| Mar-16 | 383.9535659 | 271.4 |
| Apr-16 | 382.4916614 | 273.3 |
| May-16 | 377.4952629 | 275.8 |
| Jun-16 | 366.2922018 | 276.4 |
| Jul-16 | 378.1394062 | 281.7 |
| Aug-16 | 381.0865517 | 287.4 |
| Sep-16 | 396.8005843 | 296.2 |
| Oct-16 | 395.9171716 | 304.3 |
| Nov-16 | 393.4177774 | 306.7 |
| Dec-16 | 397.9325446 | 307.4 |
| Jan-17 | 409.8877154 | 309.7 |
| Feb-17 | 414.9366913 | 314 |
| Mar-17 | 406.0543456 | 321.2 |
| Apr-17 | 409.4462902 | 330 |
| May-17 | 417.2815867 | 333.6 |
| Jun-17 | 422.5306097 | 336.1 |
| Jul-17 | 418.7754032 | 337.5 |
| Aug-17 | 409.7124106 | 339.7 |
| Sep-17 | 419.622827 | 340.8 |
| Oct-17 | 427.8437378 | 344.2 |
| Nov-17 | 421.0095205 | 347.2 |
| Dec-17 | 423.397012 | 352.7 |
| Jan-18 | 435.7566352 | 358.4 |
| Feb-18 | 428.5155757 | 364.5 |
| Mar-18 | 445.017285 | 370 |
| Apr-18 | 433.866239 | 377 |
| May-18 | 432.4595829 | 383.4 |
| Jun-18 | 440.4018617 | 391 |
| Jul-18 | 460.615338 | 394.2 |
| Aug-18 | 457.573019 | 393.9 |