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At today's rate and a 90% mortgage, the deposit on this unit is about HK$553K, with repayments around HK$24,108/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$553K · loan HK$4.97M · min. income ≈ HK$48,216/mo (50% DSR)
Upfront cash ≈ HK$677K (deposit + AVD stamp duty HK$124,358 · 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 5 min walk to Mass Transit Railway Fanling Station Station.
Family-friendly — 75 schools within a 1 km walk.
Everyday convenience — 46 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
- 23/F
- Flat
- 6
- Saleable Area
- 513 Saleable ft²
- Gross Area
- 652 ft²
- Efficiency
- 79%
- District
- North District · New Territories East
- School net (POA)
- 81
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2021-09-01 | HK$6.88M | +15.5% 3.4y · 5.0%/yr |
| 2018-05-09 | HK$5.96M | +254.8% 9.0y · 28.0%/yr |
| 2009-05-15 | HK$1.68M | +10.5% |
| 2009-01-09 | HK$1.52M | +16.9% |
| 2007-01-05 | HK$1.30M | +14.0% |
| 2003-01-22 | HK$1.14M | −64.2% |
| 1997-11-06 | HK$3.18M | +67.4% |
| 1995-12-30 | HK$1.90M | — |