The Orchards - Tower 02

3 Greig Road, Quarry Bay, Hong Kong
HKD $ 17.2MSA 752 SF | 3BD | 2BA
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For Sale (HKD $)
17.2M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
23
Gross Area (SF)
967
$17,735/SF
Saleable Area (SF)
752
$22,806/SF
Efficiency(%)
78%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
19 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Balcony
1

Management / Government Fee

Management Fee
$3190.00
Government Rate
$4263.00
Government Rent
To be confirmed

Description

Description
  • Open views of the residential buildings.
  • Location is quite close to Tai Koo MTR Station.
Internal Condition
  • Nicely finished wooden flooring and white painted walls and ceilings throughout.
  • Spacious living and dining room is sun flooded with glass doors to the glass balcony.
  • Master bedroom is situated at end of the hallway and can accommodate a queen-size bed and other furniture.
  • Master bathroom with bathtub is well maintained.
  • Second and third bedrooms are of similar size and can fit single beds and other furniture.
  • Kitchen comes all essential appliances including a washer.
  • Well maintained guest bathroom provides a shower cubicle.
External Area
  • Balcony is a cozy spot to relax and have a drink.

Building

High-rise Apartment, Year built 2003 ( Building age 23 )

Mortgage Calculator

Monthly Repayment
$60,100
Minimum Household Income
$120,200
Mortgage Plan
Expenses
Stamp Duty [1]
643,125
Agent Commission [2]
171,500
Sub Total
814,625
Deposit
Initial Deposit (5%) [3]
857,500
S & P Agreement (5%) [3]
857,500
Further Down Payment
3,430,000
Sub Total
5,145,000
Total Cash Outlay
5,959,625

Financing
12,005,000
Total Interest Payable
6,025,000
Total Repayment
18,030,000
Monthly Repayment
60,100

[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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