Eastern · Estate Brief
Heng Fa Chuen · 杏花邨
Independent buyer-side intelligence: indicative pricing, HKMA mortgage snapshot, and AVD stamp-duty exposure for Heng Fa Chuen.
Last updated · 2026-07-11
600 sqft scenario — HKMA mortgage brief
- Indicative price
- HK$10.86M
- AVD stamp duty
- HK$407.3K
- LTV cap (HKMA)
- 70%
- Benchmark rate p.a.
- 4.125%
- Base monthly
- HK$36.8K
- Stress monthly (+2%)
- HK$46.2K
Heuristic only. Confirm with a licensed lender and solicitor. Sources: HKMA SPM MA-2, IRD AVD Scale 2.
Blocks · floor & stigma metrics
1 block loggedFrequently asked
- Is Heng Fa Chuen still a good value in Eastern?
- As of the latest RVD print, Heng Fa Chuen's benchmark of HK$18,100/sqft sits within the Eastern average band. Always compare against the most recent Land Registry transactions for the specific block, floor and orientation.
- How much stamp duty would I pay on a typical Heng Fa Chuen unit?
- A 600 sqft unit at the indicative price (HK$10.86M) attracts HK$407.3K in AVD Scale 2 stamp duty. BSD and SSD were abolished on 28 Feb 2024 — no extra duty applies to non-PR or company buyers for residential.
- What mortgage payment should I expect at the 70% HKMA cap?
- At the current benchmark rate of 4.125% over 30 years, a 70% LTV loan on a HK$10.86M unit gives a base monthly payment of about HK$36.8K (HKMA stress test +2% raises this to HK$46.2K).
- What is the typical building age at Heng Fa Chuen?
- Around 36 years. Older stock can affect bank valuation, mortgage tenor (HKMA generally caps at 75 minus building age, max 30 years) and renovation budget — confirm with your lender before bidding.