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At today's rate and a 90% mortgage, the deposit on this unit is about HK$678K, with repayments around HK$29,589/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$678K · loan HK$6.11M · min. income ≈ HK$59,178/mo (50% DSR)
Upfront cash ≈ HK$882K (deposit + AVD stamp duty HK$203,511 · 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 Mei Foo Station.
Family-friendly — 42 schools within a 1 km walk.
Everyday convenience — 47 shopping and daily-needs spots nearby.
Healthcare close by — 2 hospitals/clinics within 1 km.
Green space & leisure — 40 parks, libraries and sports venues nearby.
Location
Unit Information
- Floor
- 6/F
- Flat
- NO. 59 (FLAT A)
- Saleable Area
- 657 Saleable ft²
- Gross Area
- 877 ft²
- Efficiency
- 75%
- District
- Sham Shui Po District · Kowloon
- School net (POA)
- 40
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2020-04-01 | HK$8.78M | +21.9% 3.0y · 7.0%/yr |
| 2017-03-14 | HK$7.20M | +92.0% 7.5y · 12.0%/yr |
| 2009-09-25 | HK$3.75M | +10.9% |
| 2009-08-14 | HK$3.38M | +15.0% |
| 2007-12-10 | HK$2.94M | +10.1% |
| 2007-08-15 | HK$2.67M | +59.9% |
| 2001-08-30 | HK$1.67M | −4.6% |
| 1998-02-07 | HK$1.75M | −30.0% |
| 1996-03-06 | HK$2.50M | — |