May Mansion

4 Shan Kwong Road, Happy Valley, Hong Kong
HKD $ 8MSA 479 SF | 2BD | 1BA
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For Sale (HKD $)
8M
Room
2
Bath.
1
Age (yrs)
44
Gross Area (SF)
719
$11,127/SF
Saleable Area (SF)
479
$16,701/SF
Efficiency(%)
67%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
266 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined

Management / Government Fee

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

Description

Description
  • Open views of the Race Course and the residents in the Happy Valley precinct.
  • Quick access to public transportation with bus station just round the corner.
Internal Condition
  • Spacious apartment with wooden flooring coupled with off-white painted walls and ceilings.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Master bedroom comes with dual aspect views and built-in wardrobe, can take a queen size bed.
  • Second bedroom can be used for guest or as a study.
  • Appliances are installed in the kitchen, including gas hob, rangehood and refrigerator.
  • Bathroom is well maintained with a bathtub.

Building

High-rise Apartment, Year built 1982 ( Building age 44 )

TV & Air con
  • Cable TV
Arts & Entertainment
  • Bar / Lounge
  • Cafe / Coffee Bar
Transportation
  • Bus
  • Mini-bus
  • Tram
Shopping
  • Grocery Store
  • Laundry

Mortgage Calculator

Monthly Repayment
$28,035
Minimum Household Income
$56,070
Mortgage Plan
Expenses
Stamp Duty [1]
240,000
Agent Commission [2]
80,000
Sub Total
320,000
Deposit
Initial Deposit (5%) [3]
400,000
S & P Agreement (5%) [3]
400,000
Further Down Payment
1,600,000
Sub Total
2,400,000
Total Cash Outlay
2,720,000

Financing
5,600,000
Total Interest Payable
2,810,500
Total Repayment
8,410,500
Monthly Repayment
28,035

[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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