12/F NO. 403/405
in WEST GRAND COURT (WANG LAP COURT)
Central and Western District · Hong Kong Island
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At today's rate and a 90% mortgage, the deposit on this unit is about HK$850K, with repayments around HK$37,058/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$850K · loan HK$7.65M · min. income ≈ HK$74,116/mo (50% DSR)
Upfront cash ≈ HK$1.10M (deposit + AVD stamp duty HK$254,879 · 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 6 min walk to Mass Transit Railway HKU Station Station.
Family-friendly — 43 schools within a 1 km walk.
Everyday convenience — 35 shopping and daily-needs spots nearby.
Healthcare close by — 13 hospitals/clinics within 1 km.
Green space & leisure — 52 parks, libraries and sports venues nearby.
Location
Unit Information
- Floor
- 12/F
- Flat
- NO. 403/405
- Saleable Area
- 543 Saleable ft²
- Gross Area
- 883 ft²
- Efficiency
- 61%
- District
- Central and Western District · Hong Kong Island
- School net (POA)
- 11
Transaction History
| Date | Price | Gain / loss |
|---|---|---|
| 2021-09-13 | HK$10.00M | +52.7% 5.0y · 11.0%/yr |
| 2016-08-25 | HK$6.55M | +164.1% 11.4y · 14.0%/yr |
| 2005-03-23 | HK$2.48M | −17.6% |
| 1996-05-25 | HK$3.01M | — |