Property Info
Universal Building
5-13 New Street, Sai Ying Pun, Hong Kong
View
Private Terrace
Private Terrace
Studio
Studio
Sleeping Area
Sleeping Area
Sleeping Area
Open Kitchen
Bathroom
General Information
| Rental | : HKD 18,000 Incl. |
|---|---|
| Price | : HKD 6,800,000 |
| Saleable Area | : 229 sq.ft. |
| Gross Area | : 375 sq.ft. |
| Bedroom(s) | : 1 |
| Property# | : 41098 |
| Last Updated | : 2024-10-07 |
| This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site. | |
| Bay Window | : 12 sq.ft. |
| Flat Roof | : 239 sq.ft. |
Layout
1 Bedroom(s); 1 Bathroom(s); Combined Living and Dining Room; 1 TerraceView
- It looks out to the surrounding buildings and streets.
Internal Condition
- Cozy studio with private terrace in Sai Ying Pun.
- The sleeping area fused comfortably with the living and dining area in this studio unit.
- A bed is placed at a cozy corner with glass wall separating the bed with living area.
- Fitted open kitchen is equipped with essential appliances and built-in cabinets.
- Bathroom has been well maintained.
Outdoor
- The private terrace off the studio would be a cozy and airy outdoor area for a tea break.
Mortgage Calculator
- * 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 | 1986 (building age 38 years) |
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)
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