Park Island - Phase 05B, Block 31

8 Pak Lai Road, Ma Wan, Outlying Islands
HKD $ 25MSA 1,421 SF | 4BD | 3.5BA
For Sale (HKD $)
25M
Room
4 (2-Ensuite)
Bath.
3.5
Age (yrs)
-
Gross Area (SF)
1,766
$14,156/SF
Saleable Area (SF)
1,421
$17,593/SF
Efficiency(%)
80%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Flat Roof
790 s.f.
Top Roof
147 s.f.
Air-conditioning Plant Room
23 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
4 (2-Ensuite)
Bathroom
3.5
Living / Dining Room
Combined
Terrace
1
Maid Room
1
Balcony
1
Utility Room
1

Management / Government Fee

Management Fee
$4771.00
Government Rate
$9300.00
Government Rent
To be confirmed

Description

Description
  • Sea views from floor-to-ceiling windows sweep across the living and dining room.
Internal Condition
  • Floor-to-ceiling doors opening to a good-sized balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Sizable bedrooms are capable of adopting any creative design and furnishing.
  • Fitted kitchen with adjoining utility room gives the family additional storage space.
  • Bathrooms have been very well maintained.
External Area
  • The huge private roof terrace gives your family and friends ample outdoor space for a barbeque party.
  • The inside living space benefits from the view of the private terrace outside.

Building

Mortgage Calculator

Monthly Repayment
$87,610
Minimum Household Income
$175,220
Mortgage Plan
Expenses
Stamp Duty [1]
1,062,500
Agent Commission [2]
250,000
Sub Total
1,312,500
Deposit
Initial Deposit (5%) [3]
1,250,000
S & P Agreement (5%) [3]
1,250,000
Further Down Payment
5,000,000
Sub Total
7,500,000
Total Cash Outlay
8,812,500

Financing
17,500,000
Total Interest Payable
8,783,000
Total Repayment
26,283,000
Monthly Repayment
87,610

[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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