New Fortune House

4-8 North Street, Western / Kennedy Town, Hong Kong
HKD $ 8.9MSA 495 SF | 1BD | 1BA
For Sale (HKD $)
8.9M
Room
1 (1-Ensuite)
Bath.
1
Age (yrs)
53
Gross Area (SF)
601
$14,809/SF
Saleable Area (SF)
495
$17,980/SF
Efficiency(%)
82%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Terrace
584 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

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

Management / Government Fee

Management Fee
$1000.00
Government Rate
$3000.00
Government Rent
To be confirmed

Description

Description
  • Enjoy the outdoor space of your private terrace visually from inside of the home.
Internal Condition
  • Bright living room has full height bi-folding doors opening to the private terrace.
  • Spacious living and dining room connecting to the open kitchen has great potential for any imaginative decorations.
  • Bedroom is huge for any desired furniture arrangement.
  • The open kitchen is equipped with essential appliances.
  • Bathroom has been well maintained.
External Area
  • Planning and styling the private terrace so that it matches the character of the home and its surroundings.
  • The inside living space benefits from the view of the private terrace outside.

Building

Mid-rise Apartment, Year built 1973 ( Building age 53 )

Mortgage Calculator

Monthly Repayment
$31,189
Minimum Household Income
$62,378
Mortgage Plan
Expenses
Stamp Duty [1]
267,000
Agent Commission [2]
89,000
Sub Total
356,000
Deposit
Initial Deposit (5%) [3]
445,000
S & P Agreement (5%) [3]
445,000
Further Down Payment
1,780,000
Sub Total
2,670,000
Total Cash Outlay
3,026,000

Financing
6,230,000
Total Interest Payable
3,126,700
Total Repayment
9,356,700
Monthly Repayment
31,189

[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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