The Merton - Block 03

8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 8.8MSA 447 SF | 2BD | 1BA
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Map
For Sale (HKD $)
8.8M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
615
$14,309/SF
Saleable Area (SF)
447
$19,687/SF
Efficiency(%)
73%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
8 s.f.
Agent Information
William Tsang
Licence No.: S-599397
Assistant Manager
Proway Relocation & Real Estate Services Ltd. (C-033118)
William Tsang
Request Information

Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined

Management / Government Fee

Management Fee
$1800.00
Government Rate
$3750.00
Government Rent
$2250.00

Description

Description
  • It looks out to the surrounding buildings and streets.
  • There are views of the facilities of the development.
Internal Condition
  • Nicely decorated living and dining room with quality finishes.
  • All fittings and furnishing in the bedrooms match in a harmonious tone.
  • The kitchen is equipped with essential appliances and built-in cabinets.
  • Bathroom is well maintained.

Building

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

Mortgage Calculator

Monthly Repayment
$30,839
Minimum Household Income
$61,678
Mortgage Plan
Expenses
Stamp Duty [1]
264,000
Agent Commission [2]
88,000
Sub Total
352,000
Deposit
Initial Deposit (5%) [3]
440,000
S & P Agreement (5%) [3]
440,000
Further Down Payment
1,760,000
Sub Total
2,640,000
Total Cash Outlay
2,992,000

Financing
6,160,000
Total Interest Payable
3,091,700
Total Repayment
9,251,700
Monthly Repayment
30,839

[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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