The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 12MSA 496 SF | 2BD | 1BA
For Sale (HKD $)
12M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
655
$18,321/SF
Saleable Area (SF)
496
$24,194/SF
Efficiency(%)
76%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
20 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
To be confirmed
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Picturesque views of the sea, the greenery and the city.
Internal Condition
  • Long rectangular living and dining room boasts full height sliding doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • The two bedrooms are of similar size and would fit beds and wardrobes.
  • Kitchen is fitted with sufficient cabinets and necessary appliances, including gas hob, washer/dryer and fridge.
  • Bathroom is well maintained.
External Area
  • Sea view balcony can accommodate a small table and chairs.

Building

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

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

Mortgage Calculator

Monthly Repayment
$42,053
Minimum Household Income
$84,106
Mortgage Plan
Expenses
Stamp Duty [1]
450,000
Agent Commission [2]
120,000
Sub Total
570,000
Deposit
Initial Deposit (5%) [3]
600,000
S & P Agreement (5%) [3]
600,000
Further Down Payment
2,400,000
Sub Total
3,600,000
Total Cash Outlay
4,170,000

Financing
8,400,000
Total Interest Payable
4,215,900
Total Repayment
12,615,900
Monthly Repayment
42,053

[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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