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Written by: Wang Jieen
2019-12-02 18:21
Last updated: 2019-12-02 18:21Six HOS estates including Ho Man Tin Kwon Tak Court, Cheung Sha Wan Kai Tak Court, Tsuen Wan Shang Man Court, Tseung Kwan O Yong Ming Court, Ma On Shan Kam Fai Court, and Sha Tin Xu Wo Court. The price list of each estate was officially released on Monday (2nd).
Although this issue of HOS flats is being sold at a 59% discount on market price, the price of the “House King” in Guandeyuan is still 5.29 million yuan, and the price per square foot is as high as 9,396 yuan. Or 90% of the mortgages, the monthly payment is still more than 20,000 yuan, because the white form buyer can take on a lower mortgage, so the first period needs nearly 530,000 yuan.
Guan Tak Court is located on Mid-Levels of Ho Man Tin. The high-rise units on the other side can overlook the sea in the direction of Kai Tak. (Profile picture / Photo by Wang Jieen)
Green watch buyers need nearly 270,000 first installment if buying property king
The new batch of HOS flats is on sale at a discount of 59%. The Housing Authority officially announced the price list on Monday (2nd). Lou Wang is a three-bedroom, two-bathroom unit located on the 26th floor and a 6-bedroom apartment in Guande Court, Ho Man Tin. The price is about 5.29 million yuan and the high price is 9,396 yuan. According to the sales brochure, the unit can be divided into three-bedroom units, and the master room has a "suite", which can overlook the Victoria Harbour.
With the guarantee provided by the Housing Authority, the maximum mortgage yield that a Green Form buyer can undertake is 95%. If the payment term is 25 years, calculated at 2.375%, the first period must be 264,400 yuan. The monthly payment is about 22,200 yuan. As for white form buyers, the highest mortgage percentage is 90%. If the payment period is 25 years, calculated at 2.375%, the first installment will be 529,900 yuan and the monthly payment will be 21,000 yuan.
"The King of Lou" is located in Guande Court, Hewentian. The price is about 5.29 million yuan, and the monthly supply exceeds 20,000 yuan. (Photo by Yu Junliang)
Jinhui Court does not need 7000 yuan for monthly offering
The flattest flats in this phase of HOS are the 1st floor, 4 bedroom open-plan units in Kam Fai Court, Ma On Shan. The unit is facing schools, including Ma On Shan Methodist Primary School, Qixin College, etc. It is also located near MTR Hengan Station.
If the Green Form buyer borrows 90% of the mortgage from the property price, the payment period is 25 years, calculated at 2.375%. The first installment is only 77,700 yuan, and the monthly payment is 6,535 yuan. If a white-form buyer borrows 90% of the property price, in accordance with the above conditions, he must pay a first installment of 155,500 yuan and a monthly payment of 6,191 yuan.
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Most expensive unit | Flattest unit | Highest foot price | Lowest price | |
Guan Tak Court | 5.29 million | 3.25 million | 9,396 | 7,221 |
Xuhe Court | 3.66 million | 1.73 million | 7,460 | 5,517 |
Kaide Court | 4.352 million | 1.94 million | 8,337 | 6,588 |
Shang Wen Yuan | 3.54 million | 1.77 million | 7,698 | 5,985 |
Yongming Court | 4.55 million | 1.83 million | 8,249 | 6,369 |
Kam Fai Court | 3.48 million | 1.56 million | 7,891 | 5,634 |
HOS 2019 HOS Housing Authority