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Home Southern District REPULSE BAY GARDEN BLOCK 1-2

18/F BLOCK 1 (NO. 40)

in REPULSE BAY GARDEN BLOCK 1-2

Southern District · Hong Kong Island

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Floor
1/F BLOCK 1 (NO. 40) 2,049 ft² 1/F BLOCK 2 (NO. 38) 2,049 ft² 2/F BLOCK 1 (NO. 40) 2,049 ft² 2/F BLOCK 2 (NO. 38) 2,049 ft² 3/F BLOCK 1 (NO. 40) 2,049 ft² 3/F BLOCK 2 (NO. 38) 2,049 ft² 4/F BLOCK 1 (NO. 40) 2,049 ft² 4/F BLOCK 2 (NO. 38) 2,049 ft² 5/F BLOCK 2 (NO. 38) 2,049 ft² 6/F BLOCK 2 (NO. 38) 2,049 ft² 7/F BLOCK 2 (NO. 38) 2,049 ft² 8/F BLOCK 1 (NO. 40) 2,049 ft² 8/F BLOCK 2 (NO. 38) 2,049 ft² 9/F BLOCK 1 (NO. 40) 2,049 ft² 9/F BLOCK 2 (NO. 38) 2,049 ft² 10/F BLOCK 1 (NO. 40) 2,049 ft² 10/F BLOCK 2 (NO. 38) 2,049 ft² 11/F BLOCK 1 (NO. 40) 2,049 ft² 11/F BLOCK 2 (NO. 38) 2,049 ft² 12/F BLOCK 1 (NO. 40) 2,049 ft² 13/F BLOCK 1 (NO. 40) 2,049 ft² 14/F BLOCK 1 (NO. 40) 2,049 ft² 14/F BLOCK 2 (NO. 38) 2,049 ft² 15/F BLOCK 1 (NO. 40) 2,049 ft² 15/F BLOCK 2 (NO. 38) 2,049 ft² 16/F BLOCK 1 (NO. 40) 2,049 ft² 17/F BLOCK 1 (NO. 40) 2,049 ft² 17/F BLOCK 2 (NO. 38) 2,049 ft² 18/F BLOCK 1 (NO. 40) 2,049 ft² 18/F BLOCK 2 (NO. 38) 2,049 ft² 19/F BLOCK 1 (NO. 40) 2,049 ft² 19/F BLOCK 2 (NO. 38) 2,049 ft² 20/F BLOCK 1 (NO. 40) 2,049 ft²
Crescira AVM · estimated value ● Medium confidence
HK$61.46M
≈ HK$29,994 / ft² saleable · updated 2026-06-01
Not an offer or formal valuation
Fully appraised HIBOR 1M · 3.9% Prime · 6.125%

At today's rate and a 70% mortgage, the deposit on this unit is about HK$18.44M, with repayments around HK$208,500/mo for the first 5 years.

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Mortgage plan · rate basis
H-plan · HIBOR + 1.30%
5.2% → capped 4.125%
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
Term
▼ 0.50% · 3.625%
HK$196,197
−HK$12,303/mo
▼ 0.25% · 3.875%
HK$202,300
−HK$6,200/mo
Today · 4.125%
HK$208,500
baseline
▲ 0.50% · 4.625%
HK$221,187
+HK$12,687/mo

Deposit HK$18.44M · loan HK$43.02M · min. income ≈ HK$417,000/mo (50% DSR)

Upfront cash ≈ HK$21.05M (deposit + AVD stamp duty HK$2,611,979 · Scale 2, in force from 26 Feb 2026)

QoL Matrix

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Nearest MTR
Mass Transit Railway Ocean Park Station
≈ 28 min walk · 2,192 m
Education
2
schools within 1 km (2 within 500 m)
Daily convenience
4
within 1 km (2 within 500 m)
Health
0
hospitals/clinics within 1 km
Recreation
7
parks, libraries, sports within 1 km

Everyday convenience — 4 shopping and daily-needs spots nearby.

Green space & leisure — 7 parks, libraries and sports venues nearby.

Location

Unit Information

Floor
18/F
Flat
BLOCK 1 (NO. 40)
Saleable Area
2,049 Saleable ft²
Gross Area
2,288 ft²
Efficiency
90%
District
Southern District · Hong Kong Island
School net (POA)
18

Transaction History

Date Price Gain / loss
1996-01-09 HK$11.60M —

Other appraised units in this building

1/F BLOCK 1 (NO. 40)
2,049 ft²
HK$54.13M
1/F BLOCK 2 (NO. 38)
2,049 ft²
HK$54.01M
2/F BLOCK 1 (NO. 40)
2,049 ft²
HK$54.51M
2/F BLOCK 2 (NO. 38)
2,049 ft²
HK$54.39M
3/F BLOCK 1 (NO. 40)
2,049 ft²
HK$55.72M
3/F BLOCK 2 (NO. 38)
2,049 ft²
HK$55.79M
Data sourced from Renavon.com