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At today's rate and a 90% mortgage, the deposit on this unit is about HK$401K, with repayments around HK$17,500/mo for the first 5 years.
The H-plan's cap is the P-plan rate, so with HIBOR where it is both price at 4.125% today. The H-plan is only cheaper once 1M HIBOR falls below 2.825%.
Deposit HK$401K · loan HK$3.61M · min. income ≈ HK$35,000/mo (50% DSR)
Upfront cash ≈ HK$404K (deposit + AVD stamp duty HK$2,503 · Scale 2, in force from 26 Feb 2026)
Up to 90% LTV is available for self-use properties at HK$10M or below under the Mortgage Insurance Programme (first-time buyers).
of income on repayments ·
QoL Matrix
Excellent connectivity — about 4 min walk to Mass Transit Railway Fanling Station Station.
Family-friendly — 77 schools within a 1 km walk.
Everyday convenience — 50 shopping and daily-needs spots nearby.
Healthcare close by — 11 hospitals/clinics within 1 km.
Green space & leisure — 71 parks, libraries and sports venues nearby.
Location
Unit Information
- Floor
- 12/F
- Flat
- 4
- Saleable Area
- 365 Saleable ft²
- Gross Area
- 469 ft²
- Efficiency
- 78%
- District
- North District · New Territories East
- School net (POA)
- 81
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2024-03-06 | HK$3.50M | +7.7% 7.9y · 1.0%/yr |
| 2016-05-05 | HK$3.25M | +48.4% 4.7y · 10.0%/yr |
| 2011-08-19 | HK$2.19M | +12.3% |
| 2010-12-15 | HK$1.95M | +39.3% |
| 1999-02-26 | HK$1.40M | — |