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At today's rate and a 90% mortgage, the deposit on this unit is about HK$587K, with repayments around HK$25,616/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$587K · loan HK$5.29M · min. income ≈ HK$51,232/mo (50% DSR)
Upfront cash ≈ HK$719K (deposit + AVD stamp duty HK$132,138 · 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 Mei Foo Station.
Family-friendly — 39 schools within a 1 km walk.
Everyday convenience — 36 shopping and daily-needs spots nearby.
Healthcare close by — 3 hospitals/clinics within 1 km.
Green space & leisure — 40 parks, libraries and sports venues nearby.
Location
Unit Information
- Floor
- 11/F
- Flat
- NO. 40 (FLAT C)
- Saleable Area
- 532 Saleable ft²
- Gross Area
- 715 ft²
- Efficiency
- 74%
- District
- Sham Shui Po District · Kowloon
- School net (POA)
- 40
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2019-03-28 | HK$7.50M | +48.5% 5.1y · 10.0%/yr |
| 2014-02-21 | HK$5.05M | +23.2% |
| 2011-12-22 | HK$4.10M | +53.0% |
| 2009-05-21 | HK$2.68M | +16.5% |
| 2007-08-16 | HK$2.30M | +8.0% |
| 2005-04-08 | HK$2.13M | +36.5% |
| 2004-10-12 | HK$1.56M | +13.0% |
| 2004-03-05 | HK$1.38M | +35.3% |
| 2003-06-28 | HK$1.02M | −72.3% |
| 1997-10-14 | HK$3.68M | +26.9% |
| 1997-03-15 | HK$2.90M | +14.2% |
| 1997-02-28 | HK$2.54M | — |