Grand Promenade - Tower 02

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 17.5MSA 662 SF | 3BD | 2BA
For Sale (HKD $)
17.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
21
Gross Area (SF)
911
$19,210/SF
Saleable Area (SF)
662
$26,435/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
22 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 and boundless sea views to be enjoyed all year round.
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.
  • Large bay windows in the master bedroom are excellent reading corners.
  • Well-positioned bedrooms receive good natural light.
  • Each bedroom has an efficient layout for bed and wardrobe.
  • The kitchen is equipped with essential appliances and built-in cabinets.
  • Bathrooms have been well maintained.
  • Maid's room with its own washroom can be used as storage option.
External Area
  • The balcony off the living 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
$61,327
Minimum Household Income
$122,654
Mortgage Plan
Expenses
Stamp Duty [1]
656,250
Agent Commission [2]
175,000
Sub Total
831,250
Deposit
Initial Deposit (5%) [3]
875,000
S & P Agreement (5%) [3]
875,000
Further Down Payment
3,500,000
Sub Total
5,250,000
Total Cash Outlay
6,081,250

Financing
12,250,000
Total Interest Payable
6,148,100
Total Repayment
18,398,100
Monthly Repayment
61,327

[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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