Grand Promenade - Tower 01

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 18.5MHKD $ 43K Incl.SA 663 SF | 3BD | 2BA
For Sale (HKD $)
18.5M
For Rent (HKD $)
43K
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
21
Gross Area (SF)
911
$20,307/SF or $47/SF
Saleable Area (SF)
663
$27,903/SF or $65/SF
Efficiency(%)
73%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
33 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Balcony
1

Management / Government Fee

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

Description

Description
  • Stunning views overlooking the waterfront area and the sea.
Internal Condition
  • Bright living room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Master bedroom can take a double or queen-size bed and a wardrobe.
  • Second bedroom can be used for guest or as a study.
  • Fully fitted kitchen comes with gas hob, exhaust hood, built-in microwave, fridge and washer dryer.
  • Both bathrooms are modern and well maintained.
External Area
  • Living and dining room has full height glass doors opening to the balcony for relaxation.

Building

High-rise Apartment, Year built 2005 ( Building age 21 )

Clubhouse Facilities
  • Aerobics Exercise Room
  • Gym
  • Jacuzzi
  • Sauna
  • Sky Garden
  • Swimming Pool
  • Table Tennis
Children Facilities
  • Children's Playground

Mortgage Calculator

Monthly Repayment
$64,831
Minimum Household Income
$129,662
Mortgage Plan
Expenses
Stamp Duty [1]
693,750
Agent Commission [2]
185,000
Sub Total
878,750
Deposit
Initial Deposit (5%) [3]
925,000
S & P Agreement (5%) [3]
925,000
Further Down Payment
3,700,000
Sub Total
5,550,000
Total Cash Outlay
6,428,750

Financing
12,950,000
Total Interest Payable
6,499,300
Total Repayment
19,449,300
Monthly Repayment
64,831

[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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