Eight South Lane

8-12 South Lane, Western / Kennedy Town, Hong Kong
HKD $ 7.1MSA 306 SF | Studio | 1BA
For Sale (HKD $)
7.1M
Room
0
Bath.
1
Age (yrs)
11
Saleable Area (SF)
306
$23,203/SF
The External Area(s) of this property include the area(s) as stated below:
Balcony/Verandah
22 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
0
Bathroom
1
Living / Dining Room
Combined
Balcony
1
Kitchen
Open

Management / Government Fee

Management Fee
To be confirmed
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • There is a glimpse of the harbour in between the buildings.
Internal Condition
  • Studio apartment in a nice building.
  • Cozy open floor plan with full expansive windows.
  • The sleeping area fused comfortably with the living and dining area in this studio unit.
  • Kitchen is fitted with essential appliances and built-in cabinets.
  • A standing shower provided in the bathroom is well maintained.
External Area
  • Living area is extended with a balcony is great for relaxation.

Building

High-rise Apartment, Year built 2015 ( Building age 11 )

Mortgage Calculator

Monthly Repayment
$24,881
Minimum Household Income
$49,762
Mortgage Plan
Expenses
Stamp Duty [1]
213,000
Agent Commission [2]
71,000
Sub Total
284,000
Deposit
Initial Deposit (5%) [3]
355,000
S & P Agreement (5%) [3]
355,000
Further Down Payment
1,420,000
Sub Total
2,130,000
Total Cash Outlay
2,414,000

Financing
4,970,000
Total Interest Payable
2,494,300
Total Repayment
7,464,300
Monthly Repayment
24,881

[1] Exact Stamp Duty to be determined by Government
[2] Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
[3] Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)
The calculated values are based on assumptions and provide an approximate result for your reference only.

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