Grand Promenade - Tower 02

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 9.8MSA 490 SF | 2BD | 1BA
For Sale (HKD $)
9.8M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
687
$14,265/SF
Saleable Area (SF)
490
$20,000/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

Management / Government Fee

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

Description

Description
  • It looks out to the other buildings at a comfortable distance.
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.
  • The master bedroom comes with dual aspect views and can take large bed with other furniture.
  • Second bedroom can be used for guest or as a study.
  • The kitchen is equipped with all essential appliances and built-in cabinets.
  • Bathroom has been very well maintained.
External Area
  • The balcony off the living and dining room would be a cozy and airy outdoor area for a tea break.

Building

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

Mortgage Calculator

Monthly Repayment
$34,343
Minimum Household Income
$68,686
Mortgage Plan
Expenses
Stamp Duty [1]
350,000
Agent Commission [2]
98,000
Sub Total
448,000
Deposit
Initial Deposit (5%) [3]
490,000
S & P Agreement (5%) [3]
490,000
Further Down Payment
1,960,000
Sub Total
2,940,000
Total Cash Outlay
3,388,000

Financing
6,860,000
Total Interest Payable
3,442,900
Total Repayment
10,302,900
Monthly Repayment
34,343

[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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