The Merton - Block 03

8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 16.8MSA 619 SF | 3BD | 1BA
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For Sale (HKD $)
16.8M
Room
3
Bath.
1
Age (yrs)
21
Gross Area (SF)
802
$20,948/SF
Saleable Area (SF)
619
$27,141/SF
Efficiency(%)
77%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
9 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
3
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
  • Open views mainly onto the surrounding buildings with a partial harbour view.
  • Internal Condition
Internal Condition
  • Bright living room has full height doors opening to the balcony.
  • Rectangular living and dining room with efficient layout for any furniture arrangement.
  • All bedrooms come with good layout for bed with other furniture.
  • Fully fitted kitchen includes built-in cabinets and essential appliances.
  • Modern and clean bathroom in good condition.
  • Utility room provides additional storage option.
External Area
  • The balcony off the living room would be a cozy and airy outdoor area for a tea break.

Building

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

Mortgage Calculator

Monthly Repayment
$58,874
Minimum Household Income
$117,748
Mortgage Plan
Expenses
Stamp Duty [1]
630,000
Agent Commission [2]
168,000
Sub Total
798,000
Deposit
Initial Deposit (5%) [3]
840,000
S & P Agreement (5%) [3]
840,000
Further Down Payment
3,360,000
Sub Total
5,040,000
Total Cash Outlay
5,838,000

Financing
11,760,000
Total Interest Payable
5,902,200
Total Repayment
17,662,200
Monthly Repayment
58,874

[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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