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At today's rate and a 90% mortgage, the deposit on this unit is about HK$627K, with repayments around HK$27,337/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$627K · loan HK$5.64M · min. income ≈ HK$54,674/mo (50% DSR)
Upfront cash ≈ HK$788K (deposit + AVD stamp duty HK$161,730 · 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 — 46 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
- 20/F
- Flat
- A NO. 53
- Saleable Area
- 670 Saleable ft²
- Gross Area
- 877 ft²
- Efficiency
- 76%
- District
- Sham Shui Po District · Kowloon
- School net (POA)
- 40
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2020-05-29 | HK$8.59M | +32.2% 3.6y · 9.0%/yr |
| 2016-11-08 | HK$6.50M | +124.1% 9.0y · 14.0%/yr |
| 2007-11-15 | HK$2.90M | +30.6% |
| 2007-03-06 | HK$2.22M | +9.9% |
| 2000-02-15 | HK$2.02M | +3.6% |
| 2000-01-25 | HK$1.95M | −33.2% |
| 1997-01-18 | HK$2.92M | — |