Grand Promenade - Tower 02

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 11MSA 490 SF | 2BD | 1BA
For Sale (HKD $)
11M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
687
$16,012/SF
Saleable Area (SF)
490
$22,449/SF
Efficiency(%)
71%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
23 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
2
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
  • Open views of the city and part of the harbour.
Internal Condition
  • Fully furnished apartment in white tone. Landlord can remove the furniture upon the tenant's request.
  • Full height door opens up the living and dining room to the balcony. Built-in cabinets and wardrobes offers useful storage space.
  • Single beds, study desks and built-in wardrobes provided in the bedrooms.
  • Open kitchen equipped with two-ring gas stove, washer dryer, microwave oven and refrigerator.
  • Guest bathroom with separate bath and shower is kept in great condition.
External Area
  • Balcony offers space to enjoy the sea breeze and harbour view.

Building

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

Mortgage Calculator

Monthly Repayment
$38,549
Minimum Household Income
$77,098
Mortgage Plan
Expenses
Stamp Duty [1]
412,500
Agent Commission [2]
110,000
Sub Total
522,500
Deposit
Initial Deposit (5%) [3]
550,000
S & P Agreement (5%) [3]
550,000
Further Down Payment
2,200,000
Sub Total
3,300,000
Total Cash Outlay
3,822,500

Financing
7,700,000
Total Interest Payable
3,864,700
Total Repayment
11,564,700
Monthly Repayment
38,549

[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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