Paterson Building - Block B

7 Great George Street, Causeway Bay, Hong Kong
HKD $ 9.2MSA 688 SF | 3BD | 1BA
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Map
For Sale (HKD $)
9.2M
Room
3
Bath.
1
Age (yrs)
66
Gross Area (SF)
800
$11,500/SF
Saleable Area (SF)
688
$13,372/SF
Efficiency(%)
86%
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
3
Bathroom
1
Living / Dining Room
Combined
Balcony
1

Management / Government Fee

Management Fee
$900.00
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Looks out to neighbouring buildings in the heart of Causeway Bay shopping district
Internal Condition
  • Three bedroom apartment with practical layouts
  • Kitchen and bathroom are of decent size.
  • Potential for upgrade for self use or as investment
External Area
  • A balcony is accessed from the living area

Building

High-rise Apartment, Year built 1960 ( Building age 66 )

Mortgage Calculator

Monthly Repayment
$32,241
Minimum Household Income
$64,482
Mortgage Plan
Expenses
Stamp Duty [1]
290,000
Agent Commission [2]
92,000
Sub Total
382,000
Deposit
Initial Deposit (5%) [3]
460,000
S & P Agreement (5%) [3]
460,000
Further Down Payment
1,840,000
Sub Total
2,760,000
Total Cash Outlay
3,142,000

Financing
6,440,000
Total Interest Payable
3,232,300
Total Repayment
9,672,300
Monthly Repayment
32,241

[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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