Million City

28 Elgin Street, Central, Hong Kong
HKD $ 8M | SA 374 SF | GA 598 SF | 1BD | 1BA
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Property number: 48211 Updated : 2025/10/03
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Layout / Parking Space

Management / Government Fee

Description

Description
  • Enjoy the metropolitan view of Central Business District.
Internal Condition
  • Bright one bedroom apartment and suits perfectly for a bachelor.
  • Living and dining room is great for furniture layout.
  • Bedroom can fit a double bed with wardrobe.
  • A large L-shaped desk with overhead bookcase and cabinet for storage.
  • Kitchen is equipped with all essential appliances.
  • Bathroom is very well maintained.
  • Nice utility area for additional storage.

Building

High-rise Apartment, Year built 1997 ( Building age 29 )

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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