King Cheung Mansions

5 King Kwong Street, Happy Valley, Hong Kong
HKD $ 7MSA 532 SF | 1BD | 1.5BA
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Map
For Sale (HKD $)
7M
Room
1 (1-Ensuite)
Bath.
1.5
Age (yrs)
60
Gross Area (SF)
750
$9,333/SF
Saleable Area (SF)
532
$13,158/SF
Efficiency(%)
71%
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
1 (1-Ensuite)
Bathroom
1.5
Living / Dining Room
Combined
Kitchen
Open

Management / Government Fee

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

Description

Description
  • Looks out to the other buildings at a comfortable distance.
Internal Condition
  • Large living and dining room with expansive windows offers many options for furniture arrangement.
  • One wall of the bedroom includes built-in wardrobes.
  • A sliding sheer glass door opens into the ensuite bathroom.
  • An electric hob, microwave, and fridge provided in the open kitchen.
  • Guest washroom is next to the utility area which is fit with a washing machine.
  • Curtains and blind provided throughout.

Building

Mid-rise Apartment, Year built 1966 ( Building age 60 )

Mortgage Calculator

Monthly Repayment
$24,531
Minimum Household Income
$49,062
Mortgage Plan
Expenses
Stamp Duty [1]
210,000
Agent Commission [2]
70,000
Sub Total
280,000
Deposit
Initial Deposit (5%) [3]
350,000
S & P Agreement (5%) [3]
350,000
Further Down Payment
1,400,000
Sub Total
2,100,000
Total Cash Outlay
2,380,000

Financing
4,900,000
Total Interest Payable
2,459,300
Total Repayment
7,359,300
Monthly Repayment
24,531

[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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