Grand Fortune Mansion

1-1A Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 8.8M | SA 396 SF | GA 509 SF | 1BD | 1BA
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Property number: 136249 Updated : 2025/10/27
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Management / Government Fee

Description

Description
  • Special unit with both private terrace and balcony for relaxation in Kennedy Town.
  • Neighbourhood building view from the spacious living room terrace.
  • Master bedroom balcony boasts panoramic seaview looking onto a bridge.
Internal Condition
  • Nicely decorated bachelor's apartment in excellent condition with light wooden flooring, spot lights and recessed lights.
  • Combined living and dining room features a brick wall on one side and wooden panels on the other side. Plenty of storage space in the built-in cabinets.
  • Bright master bedroom comes with a double bedstead and is decorated in a forest theme with wall-paper and bird's nest ceiling light. There is a window looking into the living and dining room, and a pair of glass doors pushing open onto the cozy balcony.
  • Open kitchen is well equipped with fridge, gas hob, range hood, and a washer dryer hidden in the cabinets.
  • The bathtub and standing shower area in the bathroom are divided from the wash basin and toilet.
External Area
  • Large private terrace with wooden decking, outdoor furniture, and a barbeque grill is perfect for weekend gatherings.
  • Enjoy the obstructed seaview standing on the balcony.
  • Easy walk to Kennedy Town MTR station, shops and restaurants.

Building

High-rise Apartment, Year built 1991 ( Building age 35 )

Mortgage Calculator

Monthly Repayment
$30,839
Minimum Household Income
$61,678
Mortgage Plan
Expenses
Stamp Duty [1]
264,000
Agent Commission [2]
88,000
Sub Total
352,000
Deposit
Initial Deposit (5%) [3]
440,000
S & P Agreement (5%) [3]
440,000
Further Down Payment
1,760,000
Sub Total
2,640,000
Total Cash Outlay
2,992,000

Financing
6,160,000
Total Interest Payable
3,091,700
Total Repayment
9,251,700
Monthly Repayment
30,839

[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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