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16/F B

in Peace Tower

Kowloon City District · Kowloon

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Crescira AVM · estimated value Medium confidence
HK$5.08M
≈ HK$16,325 / ft² saleable · updated 2026-08-01
Not an offer or formal valuation

Mortgage Intelligence

Fully appraised HIBOR 1M · 3.9% Prime · 6.125%

Typical HK bank rates as of July 2026 — this site has no live rate feed; check current HIBOR and Prime with your bank.

At today's rate and a 90% mortgage, the deposit on this unit is about HK$508K, with repayments around HK$22,145/mo for the first 5 years.

Mortgage plan · rate basis
H-plan · HIBOR + 1.30%
5.2% → capped 4.125%
Prime Rate (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 90%
Term
▼ 0.50% · 3.625%
HK$20,839
−HK$1,306/mo
▼ 0.25% · 3.875%
HK$21,487
−HK$658/mo
Today · 4.125%
HK$22,145
baseline
▲ 0.50% · 4.625%
HK$23,493
+HK$1,348/mo

Deposit HK$508K · loan HK$4.57M · min. income ≈ HK$44,290/mo (50% DSR)

Upfront cash ≈ HK$622K (deposit + AVD stamp duty HK$114,235 · 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).

Unit Information

Floor
16/F
Flat
B
Saleable Area
311 ft²
Gross Area
453 ft²
Efficiency
69%
District
Kowloon City District · Kowloon
School net (POA)
34

Transaction History

Date Price Gain / loss
2014-11-26 HK$4.62M +33.5%
1997-01-22 HK$3.46M

QoL Matrix

View full Quality-of-Life page → Government open data
Nearest MTR
Mong Kok East
≈ 5 min walk · 371 m
Education
75
schools within 1 km (13 within 500 m)
Daily convenience
93
within 1 km (40 within 500 m)
Health
10
hospitals/clinics within 1 km
Recreation
80
parks, libraries, sports within 1 km

Excellent connectivity — about 5 min walk to Mong Kok East Station (a rail station within an 8-min walk earns this label).

Family-friendly — 75 schools within a 1 km walk.

Everyday convenience — 93 shopping and daily-needs spots nearby.

Healthcare close by — 10 hospitals/clinics within 1 km.

Green space & leisure — 80 parks, libraries and sports venues nearby.

Location

Other appraised units in this building

Data sourced from Renavon.com