Hongway Garden - Tower B

8 New Market Street, Sheung Wan, Hong Kong
HKD $ 7.1MSA 425 SF | GA 574 SF | 2BD | 1BA
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Property number: 104717 Updated : 2026/07/06
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
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Layout / Parking Space

Management / Government Fee

Description

Description
  • It looks out to the other buildings at a comfortable distance.
Internal Condition
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • The reflections from strategically placed mirrors make the dining area with dining suites appear larger and lighter.
  • Master bedroom comes with double bed and built-in desk on the bay windows.
  • Second bedroom with bunk bed and wall units.
  • The kitchen is equipped with essential appliances and built-in cabinets.
  • Bathroom has been very well maintained.

Building

High-rise Apartment, Year built 1987 ( Building age 39 )

Mortgage Calculator

Monthly Repayment
$24,811
Minimum Household Income
$49,622
Mortgage Plan
Expenses
Stamp Duty [1]
212,400
Agent Commission [2]
70,800
Sub Total
283,200
Deposit
Initial Deposit (5%) [3]
354,000
S & P Agreement (5%) [3]
354,000
Further Down Payment
1,416,000
Sub Total
2,124,000
Total Cash Outlay
2,407,200

Financing
4,956,000
Total Interest Payable
2,487,300
Total Repayment
7,443,300
Monthly Repayment
24,811

[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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