The Palazzo - Tower 02

28 Lok King Street, Shatin / Fo Tan, New Territories
HKD $ 58MHKD $ 90K Incl.SA 1,535 SF | 4BD | 3BA
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For Sale (HKD $)
58M
For Rent (HKD $)
90K
Room
4 (2-Ensuite)
Bath.
3
Age (yrs)
17
Gross Area (SF)
2,178
$26,630/SF or $41/SF
Saleable Area (SF)
1,535
$37,785/SF or $59/SF
Efficiency(%)
70%
The External Area(s) of this property include the area(s) as stated below:
Balcony/Verandah
46 s.f.
Utility Platform
16 s.f.
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
64 s.f.
Air-conditioning Platform
32 s.f.
Agent Information
Connie Yuen
Licence No.: E-483289
Senior Director
Christie's International Real Estate Hong Kong (C-102075-A000)
Connie Yuen
Request Information

Layout / Parking Space

Bedroom
4 (2-Ensuite)
Bathroom
3
Living / Dining Room
Combined
Maid Room
1
Balcony
1

Management / Government Fee

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

Description

Description
  • Enjoy bird's eye views of the racecourse and the city.
  • Catch the horse-racing games at home through the windows.
  • This flat gives you open views of the greenery in the Mid-levels area.
Internal Condition
  • 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.
  • Airy living and dining room with windows on both sides.
  • Large bay windows in the master bedroom are excellent reading corners.
  • The layout of the master bedroom is very efficient for furniture configuration.
  • Each bedroom has an efficient layout for bed and wardrobe.
  • Sizeable bedrooms are capable of adopting any creative design and furnishing.
  • The fully fitted kitchen comes with gas & electric hob, exhaust hood, built-in microwave & oven, built-in fridge, and washer & dryer.
  • Bathrooms have been tastefully designed with marble finishes and tiling.
  • The maid's room is a good size and can fit a single bed with extra space to move around.
  • ** All furniture and soft furnishings are staged for reference only by AI, with the landlord's consent**
External Area
  • The private roof terrace is an extension of the internal space through an internal staircase.
  • Set your table and chairs on the private roof terrace and enjoy an alfresco dining anytime.
  • The huge private roof terrace gives your family and friends ample outdoor space for a barbeque party.
  • Planning and styling the private terrace so that it matches the character of the home and its surroundings.
  • French doors allow a smooth flow of sunlight between the living & dining and the terrace with private pool.
  • The patio with table and chairs outside the living and dining room is nice for a tea break.

Building

High-rise Apartment, Year built 2009 ( Building age 17 )

TV & Air con
  • Cable TV
  • Satellite TV
Communal Facilities
  • Children's Pool
  • Garden
  • Indoor Swimming Pool
  • Landscaped Garden
  • Outdoor Swimming Pool
  • Podium Garden
  • Rooftop Deck
  • Swimming Pool
  • Terrace
Clubhouse Facilities
  • Aerobics Exercise Room
  • Bowling Court
  • Dance Room
  • Golf Simulator
  • Gym
  • Indoor Swimming Pool
  • Jacuzzi
  • Multi-Purpose Sports Hall
  • Outdoor Swimming Pool
  • Private Mini-racecar Track
  • Sauna
  • Sitting Area
  • Spa Gallery
  • Swimming Pool
  • Table Tennis
  • Tennis Court
Children Facilities
  • Children Exercise Room
  • Children's Playground
  • Children's Pool
  • Game Room
  • Indoor Play Area
Arts & Entertainment
  • Florist
  • Function Rooms
  • Library
  • Music Room
  • Reading Room
Transportation
  • Train
Shopping
  • Convenient Store

Mortgage Calculator

Monthly Repayment
$203,254
Minimum Household Income
$406,508
Mortgage Plan
Expenses
Stamp Duty [1]
2,465,000
Agent Commission [2]
580,000
Sub Total
3,045,000
Deposit
Initial Deposit (5%) [3]
2,900,000
S & P Agreement (5%) [3]
2,900,000
Further Down Payment
11,600,000
Sub Total
17,400,000
Total Cash Outlay
20,445,000

Financing
40,600,000
Total Interest Payable
20,376,200
Total Repayment
60,976,200
Monthly Repayment
203,254

[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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