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Home Sha Tin District THE PALAZZO BLOCK 8

16/F B

in THE PALAZZO BLOCK 8

Sha Tin District · New Territories East

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Floor
5/F A 1,409 ft² 5/F B 1,426 ft² 5/F C 940 ft² 6/F A 1,409 ft² 6/F B 1,426 ft² 6/F C 940 ft² 8/F A 1,409 ft² 8/F B 1,426 ft² 8/F C 940 ft² 9/F A 1,409 ft² 9/F B 1,426 ft² 9/F C 943 ft² 10/F A 1,409 ft² 10/F B 1,426 ft² 10/F C 940 ft² 11/F A 1,409 ft² 11/F B 1,418 ft² 11/F C 925 ft² 12/F A 1,409 ft² 12/F B 1,426 ft² 12/F C 940 ft² 15/F A 1,409 ft² 15/F B 1,426 ft² 15/F C 940 ft² 16/F B 1,443 ft² 18/F B 1,443 ft² 19/F A 1,409 ft² 19/F B 1,431 ft² 19/F C 940 ft² 20/F A 1,409 ft² 20/F B 1,431 ft² 20/F C 943 ft² 21/F A 1,409 ft² 21/F B 1,426 ft² 21/F C 940 ft² 22/F A 1,409 ft² 22/F B 1,426 ft² 22/F C 940 ft² 23/F A 1,409 ft² 23/F B 1,426 ft² 23/F C 940 ft² 25/F A 1,409 ft² 25/F B 1,426 ft² 25/F C 940 ft² 26/F A 1,409 ft² 26/F B 1,426 ft² 26/F C 943 ft² 28/F A 1,409 ft² 28/F B 1,426 ft² 28/F C 940 ft² 30/F A 1,409 ft² 30/F B 1,426 ft² 30/F C 943 ft² 31/F A 1,409 ft² 31/F B 1,426 ft² 31/F C 940 ft² 32/F A 1,409 ft² 32/F B 1,426 ft² 32/F C 943 ft² 33/F A 1,409 ft² 33/F B 1,426 ft² 33/F C 940 ft² 35/F A 1,409 ft² 35/F B 1,426 ft² 35/F C 925 ft² 36/F A 1,409 ft² 36/F B 1,426 ft² 36/F C 940 ft² 38/F A 1,409 ft² 38/F B 1,426 ft² 38/F C 943 ft² 39/F A 1,409 ft² 39/F B 1,426 ft² 39/F C 940 ft² 50/F A 1,403 ft² 50/F B 1,427 ft² 50/F C 940 ft² 51/F A 1,409 ft² 51/F B 1,427 ft² 51/F C 942 ft² 52/F A 1,409 ft² 52/F B 1,427 ft² 52/F C 940 ft² 55/F A 1,409 ft² 55/F B 1,427 ft² 55/F C 940 ft² 56/F A 1,409 ft² 56/F B 1,427 ft² 56/F C 940 ft² 60/F A 1,409 ft² 60/F B 1,427 ft² 60/F C 940 ft² 61/F A 1,409 ft² 61/F B 1,427 ft² 61/F C 940 ft² 62/F A 1,409 ft² 62/F B 1,427 ft² 62/F C 940 ft² 63/F A 2,485 ft² 63/F B 2,519 ft² 63/F C 1,681 ft²
Crescira AVM · estimated value ● Medium confidence
HK$23.78M
≈ HK$16,481 / ft² saleable · updated 2026-06-01
Not an offer or formal valuation
Fully appraised HIBOR 1M · 3.9% Prime · 6.125%

At today's rate and a 70% mortgage, the deposit on this unit is about HK$7.13M, with repayments around HK$80,684/mo for the first 5 years.

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Mortgage plan · rate basis
H-plan · HIBOR + 1.30%
5.2% → capped 4.125%
P-plan · P − 2.00%
4.125%

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%.

If rates change · monthly repayment
LTV
Term
▼ 0.50% · 3.625%
HK$75,923
−HK$4,761/mo
▼ 0.25% · 3.875%
HK$78,284
−HK$2,400/mo
Today · 4.125%
HK$80,684
baseline
▲ 0.50% · 4.625%
HK$85,593
+HK$4,909/mo

Deposit HK$7.13M · loan HK$16.65M · min. income ≈ HK$161,368/mo (50% DSR)

Upfront cash ≈ HK$8.15M (deposit + AVD stamp duty HK$1,010,760 · Scale 2, in force from 26 Feb 2026)

QoL Matrix

View full Quality-of-Life page → Government open data
Nearest MTR
Mass Transit Railway Fo Tan Station
≈ 2 min walk · 109 m
Education
24
schools within 1 km (4 within 500 m)
Daily convenience
22
within 1 km (8 within 500 m)
Health
0
hospitals/clinics within 1 km
Recreation
24
parks, libraries, sports within 1 km

Excellent connectivity — about 2 min walk to Mass Transit Railway Fo Tan Station Station.

Family-friendly — 24 schools within a 1 km walk.

Everyday convenience — 22 shopping and daily-needs spots nearby.

Green space & leisure — 24 parks, libraries and sports venues nearby.

Location

Unit Information

Floor
16/F
Flat
B
Saleable Area
1,443 Saleable ft²
Gross Area
1,835 ft²
Efficiency
79%
District
Sha Tin District · New Territories East
School net (POA)
91

Transaction History

Date Price Gain / loss
2015-05-26 HK$20.00M −8.0%
2008-06-03 HK$21.75M —

Other appraised units in this building

5/F A
1,409 ft²
HK$22.61M
5/F B
1,426 ft²
HK$23.09M
5/F C
940 ft²
HK$14.99M
6/F A
1,409 ft²
HK$21.97M
6/F B
1,426 ft²
HK$22.45M
6/F C
940 ft²
HK$14.61M
Data sourced from Renavon.com