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Property Info


Fung Yat Building

38-40 Third Street, Sai Ying Pun, Hong Kong

Price: HKD 6,580,000
(S) 254 (G) 421 sq.ft. 1-Bath.
Hong Kong Homes

View
View
Private Roof Terrace
Private Roof Terrace
Balcony off Studio
Balcony off Studio
Studio
Studio
Sleeping Area
Sleeping Area
Living Area
Living Area
Open Kitchen
Open Kitchen
Bathroom
Bathroom

General Information

Price : HKD 6,580,000
Saleable Area : 254 sq.ft.
Gross Area : 421 sq.ft.
Bedroom(s) : Studio
Bathroom(s) : 1
Management Fee : To be confirmed
Government Rate : To be confirmed
Government Rent : To be confirmed
Property# : 105844
Last Updated : 2019-09-25

Layout

Studio; 1 Bathroom(s); Combined Living and Dining Room; 1 Balcony


View

  • Neighbourhood view overlooking the treetops.

Internal Condition

  • Modern studio apartment with neutral style furniture and good usage of space.
  • Floor-to-ceiling sliding glass doors and large windows brighten the large studio.
  • A double bed is set next to the windows. A wooden wardrobes and sofa are located at the other corner.
  • Dark wooden entrance door leads into the open kitchen has cabinets and built-in appliances including magnetic cooking top, built-in oven and fridge.
  • Modern bathroom has a glass shower cubicle is clean and tidy.

Outdoor

  • Big roof terrace offers lots of outdoor space for activities.
  • Balcony off the studio could fit some plants or enjoy a nice coffee break.

Mortgage Calculator

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  • * 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 1988 (building age 31 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)

The above rental or sale information is provided by the hong kong property agency Landscope Real Estate Services Ltd or its sister companies, a premier real estate agent 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 2866 0130.


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Elaine Lam
Elaine Lam
Client Service Officer
Proway Relocation & Real Estate Services Ltd.
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