12/F NO. 172
in May Wah Building(Mei Wah Building) MAY WAH BUILDING (MEI WAH BUILDING)
Wan Chai District · Hong Kong Island
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At today's rate and a 90% mortgage, the deposit on this unit is about HK$381K, with repayments around HK$16,618/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$381K · loan HK$3.43M · min. income ≈ HK$33,236/mo (50% DSR)
Upfront cash ≈ HK$381K (deposit + AVD stamp duty HK$100 · 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 Mass Transit Railway Wan Chai Station Station.
Family-friendly — 24 schools within a 1 km walk.
Everyday convenience — 56 shopping and daily-needs spots nearby.
Healthcare close by — 20 hospitals/clinics within 1 km.
Green space & leisure — 64 parks, libraries and sports venues nearby.
Location
Unit Information
- Floor
- 12/F
- Flat
- NO. 172
- Saleable Area
- 364 Saleable ft²
- Gross Area
- 483 ft²
- Efficiency
- 75%
- District
- Wan Chai District · Hong Kong Island
- School net (POA)
- 12
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2022-01-05 | HK$5.30M | +171.8% 12.9y · 13.0%/yr |
| 2009-03-10 | HK$1.95M | +23.4% |
| 2008-10-13 | HK$1.58M | — |