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At today's rate and a 90% mortgage, the deposit on this unit is about HK$470K, with repayments around HK$20,522/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$470K · loan HK$4.23M · min. income ≈ HK$41,044/mo (50% DSR)
Upfront cash ≈ HK$558K (deposit + AVD stamp duty HK$87,988 · 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 3 min walk to Mei Foo Station.
Family-friendly — 43 schools within a 1 km walk.
Everyday convenience — 38 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
- 4/F
- Flat
- B NO. 7
- Saleable Area
- 460 Saleable ft²
- Gross Area
- 609 ft²
- Efficiency
- 76%
- District
- Sham Shui Po District · Kowloon
- School net (POA)
- 40
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2021-05-07 | HK$6.90M | +15.2% 3.2y · 5.0%/yr |
| 2018-02-26 | HK$5.99M | +40.6% 3.7y · 11.0%/yr |
| 2014-07-08 | HK$4.26M | +51.1% |
| 2010-12-16 | HK$2.82M | +38.9% |
| 2009-08-10 | HK$2.03M | −3.3% |
| 2008-09-09 | HK$2.10M | +11.7% |
| 2007-12-17 | HK$1.88M | +22.1% |
| 2007-06-12 | HK$1.54M | +22.2% |
| 2004-06-30 | HK$1.26M | — |