Sai Wan Ho (Chinese: 西灣河; Cantonese Yale: Sāiwāanhó) is a station on the Hong Kong MTR Island line. It was opened on 31 May 1985. It is located under Shau Kei Wan Road in Sai Wan Ho in the Eastern District.

The site of the present-day station concourse was home to the old Sai Wan Ho Market, operated by the Urban Council, which was demolished to make way for the MTR station. Construction commenced in May 1982. The station was built under two interfacing construction contracts. The 7.6-metre-diameter station tunnels (which contain the platforms) were built by Nishimatsu Construction, a Japanese contractor, under particularly difficult geological conditions. The off-street station concourse was constructed by a joint venture formed by Gammon Construction, Kier, and a now-defunct Scottish contractor called Lilley. The concourse was constructed within diaphragm walls from the top down, and was designed to support a new Urban Council complex and residential estate (called Felicity Garden) above it.

Sai Wan Ho station opened on 31 May 1985 as part of the first phase of the Island line.

The platforms of Sai Wan Ho station are constructed in a stacked arrangement, with platform 2 above platform 1.

G	Ground level	Exits
L2	Concourse	Customer Service, MTRShops
		Vending machines, ATM
L4 Platform	Platform 2	Side platform, doors will open on the right
	Track 2	←      Island line towards Kennedy Town (Tai Koo)
L5 Platform	Platform 1	Side platform, doors will open on the left
	Track 1	→      Island line towards Chai Wan (Shau Kei Wan) →

• A: Tai On Street
• B: Shau Kei Wan Road