The Merton - Block 03

8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 10.8MSA 447 SF | 2BD | 1BA
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Map
For Sale (HKD $)
10.8M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
615
$17,561/SF
Saleable Area (SF)
447
$24,161/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
-

Management / Government Fee

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

Description

Description
  • Fantastic views over Kennedy Town all the way to IFC.
  • Views of Mount Davis.
Internal Condition
  • Sliding glass doors lead to the balcony off the living room.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • All bedrooms have an efficient layout for bed and wardrobe.
  • Modern fitted open kitchen is equipped with essential appliances and built-in cabinets.
  • Bathroom is modern and well maintained.
  • Stylish and well appointed city living.
External Area
  • Enjoy breakfast, lunch, dinner and the most excellent view from the balcony.

Building

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

Mortgage Calculator

Monthly Repayment
$37,848
Minimum Household Income
$75,696
Mortgage Plan
Expenses
Stamp Duty [1]
405,000
Agent Commission [2]
108,000
Sub Total
513,000
Deposit
Initial Deposit (5%) [3]
540,000
S & P Agreement (5%) [3]
540,000
Further Down Payment
2,160,000
Sub Total
3,240,000
Total Cash Outlay
3,753,000

Financing
7,560,000
Total Interest Payable
3,794,400
Total Repayment
11,354,400
Monthly Repayment
37,848

[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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