The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 12MSA 470 SF | 2BD | 1BA
For Sale (HKD $)
12M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
659
$18,179/SF
Saleable Area (SF)
470
$25,489/SF
Efficiency(%)
71%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
22 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined
Balcony
1
Utility Room
1

Management / Government Fee

Management Fee
$2000.00
Government Rate
$3300.00
Government Rent
$2000.00

Description

Description
  • The views extend from the nearby greenery and buildings towards the sea.
Internal Condition
  • Long living and dining room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room comes with living and dining suites.
  • Two good-size bedrooms can fit large bed and a wardrobe.
  • Fitted kitchen is equipped with essential appliances and built-in cabinets.
  • Guest bathroom features bathtub.
External Area
  • Balcony off the living and dining room offers a green view to relax.

Building

High-rise Apartment, Year built 2005 ( Building age 21 )

Communal Facilities
  • Swimming Pool
Clubhouse Facilities
  • Gym
  • Swimming Pool

Mortgage Calculator

Monthly Repayment
$41,983
Minimum Household Income
$83,966
Mortgage Plan
Expenses
Stamp Duty [1]
449,250
Agent Commission [2]
119,800
Sub Total
569,050
Deposit
Initial Deposit (5%) [3]
599,000
S & P Agreement (5%) [3]
599,000
Further Down Payment
2,396,000
Sub Total
3,594,000
Total Cash Outlay
4,163,050

Financing
8,386,000
Total Interest Payable
4,208,900
Total Repayment
12,594,900
Monthly Repayment
41,983

[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.

More