Island Crest - Tower 1

8 First Street, Sai Ying Pun, Hong Kong
HKD $ 18.5MSA 557 SF | 2BD | 1BA
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For Sale (HKD $)
18.5M
Room
2
Bath.
1
Age (yrs)
17
Gross Area (SF)
755
$24,503/SF
Saleable Area (SF)
557
$33,214/SF
Efficiency(%)
74%
The External Area(s) of this property include the area(s) as stated below:
Balcony/Verandah
22 s.f.
Utility Platform
16 s.f.
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
24 s.f.
Air-conditioning Platform
25 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
  • Open views over the city and a part of the Harbour.
Internal Condition
  • Rectangular living and dining room is a good size with sliding doors opening to the sea view balcony.
  • Warm wooden flooring and white painted walls are of good quality.
  • Large bay windows in the two similar-size bedrooms receive good natural light.
  • Both bedrooms come with good layout for any furniture arrangement.
  • Fully fitted kitchen is equipped with essential appliances and built-in cabinets.
  • Bathroom has modern tiling and fixtures.
  • Store room with full height window provides additional storage space.
  • Outdoor
  • The balcony off the living room would be a cozy and airy outdoor area for a tea break.

Building

High-rise Apartment, Year built 2009 ( Building age 17 )

Clubhouse Facilities
  • Aerobics Exercise Room
  • Barbeque Area
  • Changing Rooms
  • Dance Room
  • Gym
  • Mahjong rooms
  • Outdoor Swimming Pool
  • Sitting Area
Arts & Entertainment
  • Function Rooms
  • Music Room

Mortgage Calculator

Monthly Repayment
$64,831
Minimum Household Income
$129,662
Mortgage Plan
Expenses
Stamp Duty [1]
693,750
Agent Commission [2]
185,000
Sub Total
878,750
Deposit
Initial Deposit (5%) [3]
925,000
S & P Agreement (5%) [3]
925,000
Further Down Payment
3,700,000
Sub Total
5,550,000
Total Cash Outlay
6,428,750

Financing
12,950,000
Total Interest Payable
6,499,300
Total Repayment
19,449,300
Monthly Repayment
64,831

[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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