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116-118 Second Street, Sai Ying Pun, Hong Kong

Price: HKD 10,500,000
(S) 450 (G) 673 sq.ft. 2-Bed., 1-Bath.
Proway Relocation & Real Estate Services Ltd.

View
View
Balcony off Living and Dining Room Balcony off Living and Dining Room
Living and Dining Room Living and Dining Room
Living and Dining Room Living and Dining Room
Balcony off Master Bedroom
Balcony off Master Bedroom
Master Bedroom
Master Bedroom
Master Bedroom
Master Bedroom
Second Bedroom
Second Bedroom
Kitchen
Kitchen
Guest Bathroom
Guest Bathroom

General Information

Price : HKD 10,500,000
Saleable Area : 450 sq.ft.
Gross Area : 673 sq.ft.
Bedroom(s) : 2
Management Fee : HK$ 2,494 per month
Government Rate : HK$ 1,700 per quarter
Government Rent : To be confirmed
Property# : 128238
Last Updated : 2025-02-17
The External Area(s) of this property include the area(s) as stated below:
Balcony/Verandah : 22 sq.ft.
Utility Platform : 16 sq.ft.
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window : 13 sq.ft.
Air-conditioning Platform : 5 sq.ft.

Layout

2 Bedroom(s); 1 Bathroom(s); Combined Living and Dining Room; 2 Balconies

View

  • Open views over the city and a part of the Harbour.
  • Internal Condition

Internal Condition

  • Living and dining room features full height door opening to the balcony and high ceiling.
  • Master bedroom with sliding glass doors to the balcony can fit a queen-size bed and wardrobe includes blinds.
  • Relatively small second bedroom would suit for study, storage or your helper.
  • Fully fitted kitchen comes with built-in gas hob, exhaust hood, microwave, fridge and hidden washer dryer.
  • Neutral toned tiles and a bathtub in the guest bathroom.

Outdoor

  • Open the balconies doors for fresh air.

Mortgage Calculator

Monthly Repayment *
47,691
Minimum Household Income *
95,382
Mortgage Plan
Expenses
Stamp Duty *
393,750
Agency Commission ***
105,000
Sub Total
498,750
Deposit
Initial Deposit(5%) *
525,000
S & P Agreement(5%) ***
525,000
Further Down Payment ***
450,000
Sub Total
1,500,000
Total Cash Outlay
1,998,750
Mortgage Summary
Monthly Instalment
47,691

Financing
9,000,000
Total Interest Payable
2,445,902
Total Repayment
11,445,902
  • * Exact Stamp Duty to be determined by Government
  • ** Normally 5% of purchase price (Exact % to be negotiated between buyer and seller)
  • *** Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
  • DISCLAIMER: The calculated value is based on assumptions and provides an approximate result for your reference only.

Building Information

Basic Info High-rise Apartment
Year built 2014 (building age 11 years)
Communal Facilities Outdoor Swimming Pool, Swimming Pool
Clubhouse Facilities Gym, Outdoor Swimming Pool, Sitting Area, Swimming Pool
Transportation Bus, Mini-bus
Shopping Laundry

Location Map


About Sai Ying Pun

After British army arrival at Possession Point (now Hollywood Park next to Possession Street) in 1841, the 800 or so volunteer soldiers from India and Bangladesh stationed in West Point (hillside of Water Street). Thereafter, the area west of Hollywood Park was called Sai Ying Pun 西營盤, meaning 'Western Garrison'. Flourishing trades required construction of piers, docks, warehouses, and properties to accommodate merchants for rice, dry seafoods, and herbal medicines, and the workers who supported these activities. Even today, one can still find remnants of the early colonial past in the district. World War II brought mass destruction, giving rise to reconstruction of many buildings to four to six storey tenement buildings with shops on ground floor. Rapid population growth and technological advancement necessitate these post war buildings to be redeveloped into highrises.

There are many prestigious colleges and schools can be found in this district, namely King's College, St. Clare Primary, St. Stephen Girls College, St. Paul College, etc.

Property values were suppressed as MTR somehow missed Sai Wan when the railway opened in 1979. Thanks to recent MTR access, the long forgotten sleepy Sai Wan is coming back in a vengeance. As old buildings are redeveloped, new home buyers and tenants are moving in, which attract new and upscale businesses to serve this new and more affluent customer base. The district is now flourishing as many new businesses are setting up, including chain stores, specialty stores, and trendy restaurants and pubs.


King's College


St. Paul’s College


The University of Hong Kong


High Street

Sai Ying Pun MTR


Sai Ying Pun Market


Centre Street


PMQ


Tai Kwun


Lan Kwai Fong


* Rental Incl.: Rental Inclusive (including management fee and government rate)

The above rental or sale information is provided by the hong kong property agency Proway Relocation & Real Estate Services Ltd or its sister companies, a premier real estate agency specializing in realty, residential property for rent and sale in Hong Kong. Looking to rent a flat, buy a flat or list property? Please call us at +852 28660130.

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Elaine Lam
Elaine Lam
Client Service Officer
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