Illumination Terrace II

5-7 Tai Hang Road, Tai Hang, Hong Kong
HKD $ 11.5MSA 731 SF | 3BD | 2BA
For Sale (HKD $)
11.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
33
Gross Area (SF)
910
$12,637/SF
Saleable Area (SF)
731
$15,732/SF
Efficiency(%)
80%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
39 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

Management / Government Fee

Management Fee
$2660.00
Government Rate
$5000.00
Government Rent
To be confirmed

Description

Description
  • Looks out to the surrounding buildings and streets.
Internal Condition
  • Nice three bedroom apartment with neutral toned furniture.
  • Pleasant and well defined living and dining areas on a good-size floor plan.
  • Living and dining room comes with low wall units around the wall together with display cabinets.
  • Master bedroom can fit a queen-size bed with built-in wardrobe and includes an ensuite bathroom.
  • Second bedroom can take a double bed with other furniture
  • Third bedroom comes with built in cabinet and is great as a store room.
  • Fully fitted kitchen is equipped with essential appliances and built-in cabinets.
  • Bathrooms are well maintained.

Building

High-rise Apartment, Year built 1993 ( Building age 33 )

TV & Air con
  • Cable TV
  • Satellite TV
Clubhouse Facilities
  • Billiards
  • Gym
  • Outdoor Swimming Pool
Children Facilities
  • Children's Playground
  • Children's Pool
Transportation
  • Bus
  • Mini-bus

Mortgage Calculator

Monthly Repayment
$40,301
Minimum Household Income
$80,602
Mortgage Plan
Expenses
Stamp Duty [1]
431,250
Agent Commission [2]
115,000
Sub Total
546,250
Deposit
Initial Deposit (5%) [3]
575,000
S & P Agreement (5%) [3]
575,000
Further Down Payment
2,300,000
Sub Total
3,450,000
Total Cash Outlay
3,996,250

Financing
8,050,000
Total Interest Payable
4,040,300
Total Repayment
12,090,300
Monthly Repayment
40,301

[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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