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At today's rate and a 90% mortgage, the deposit on this unit is about HK$480K, with repayments around HK$20,933/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$480K · loan HK$4.32M · min. income ≈ HK$41,866/mo (50% DSR)
Upfront cash ≈ HK$577K (deposit + AVD stamp duty HK$97,417 · 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 2 min walk to Mei Foo Station.
Family-friendly — 38 schools within a 1 km walk.
Everyday convenience — 27 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
- 20/F
- Flat
- NO. 17 (FLAT A)
- Saleable Area
- 454 Saleable ft²
- Gross Area
- 620 ft²
- Efficiency
- 73%
- District
- Sham Shui Po District · Kowloon
- School net (POA)
- 40
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2018-02-26 | HK$6.20M | +33.3% 3.0y · 11.0%/yr |
| 2015-03-02 | HK$4.65M | +33.6% |
| 2012-09-21 | HK$3.48M | +97.7% |
| 2006-08-07 | HK$1.76M | +10.7% |
| 2006-04-04 | HK$1.59M | +15.2% |
| 2005-02-17 | HK$1.38M | +16.0% |
| 2004-10-23 | HK$1.19M | +9.2% |
| 2004-03-30 | HK$1.09M | −15.5% |
| 1998-12-04 | HK$1.29M | −29.5% |
| 1996-07-10 | HK$1.83M | — |