The Merton - Block 03

8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 10.6MSA 447 SF | 2BD | 1BA
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For Sale (HKD $)
10.6M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
615
$17,154/SF
Saleable Area (SF)
447
$23,602/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
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined
Balcony
1

Management / Government Fee

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

Description

Description
  • Stunning views from a high floor.
  • Overlooking the green hill and the residential buildings.
Internal Condition
  • Cream floor tiling for easy up-keeping.
  • Bright living room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Each bedroom has an efficient layout for bed and wardrobe.
  • Master bedroom comes with a bed.
  • Fitted kitchen is equipped with essential appliances and built-in cabinets..
  • Bathroom has been well maintained.
External Area
  • The balcony off the living and dining 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
$36,972
Minimum Household Income
$73,944
Mortgage Plan
Expenses
Stamp Duty [1]
395,625
Agent Commission [2]
105,500
Sub Total
501,125
Deposit
Initial Deposit (5%) [3]
527,500
S & P Agreement (5%) [3]
527,500
Further Down Payment
2,110,000
Sub Total
3,165,000
Total Cash Outlay
3,666,125

Financing
7,385,000
Total Interest Payable
3,706,600
Total Repayment
11,091,600
Monthly Repayment
36,972

[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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