The Rednaxela

1 Rednaxela Terrace, Mid-levels West, Hong Kong
HKD $ 14.5MSA 691 SF | 3BD | 2BA
For Sale (HKD $)
14.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
28
Gross Area (SF)
934
$15,525/SF
Saleable Area (SF)
691
$20,984/SF
Efficiency(%)
74%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
46 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
Kitchen
Open

Management / Government Fee

Management Fee
$2590.00
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Views of the surrounding low rises in the quaint Prince's Terrace neighbourhood.
  • One block from the Mid-levels Escalator for easy access to Soho and grocery stores.
Internal Condition
  • Nicely renovated apartment with open kitchen expanding the living and dining room space.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • All bedrooms come with large bay windows is nice for display of personal items.
  • Master bedroom can accommodate a queen-size bed and wardrobe.
  • Second and third bedrooms can be used for guest or as a study.
  • Fully equipped open kitchen includes a western oven, dishwasher, washer, fridge, and gas hob.
  • Light marble fittings with bathtub in both the master and guest bathrooms.
External Area
  • Building includes an outdoor pool and squash court.

Building

High-rise Apartment, Year built 1998 ( Building age 28 )

TV & Air con
  • Cable TV
Clubhouse Facilities
  • Gym
  • Outdoor Swimming Pool
  • Sauna
  • Squash Court
  • Table Tennis
Transportation
  • Bus
  • Close to Escalator
  • Mini-bus
Shopping
  • Convenient Store
  • Grocery Store
  • Laundry

Mortgage Calculator

Monthly Repayment
$50,814
Minimum Household Income
$101,628
Mortgage Plan
Expenses
Stamp Duty [1]
543,750
Agent Commission [2]
145,000
Sub Total
688,750
Deposit
Initial Deposit (5%) [3]
725,000
S & P Agreement (5%) [3]
725,000
Further Down Payment
2,900,000
Sub Total
4,350,000
Total Cash Outlay
5,038,750

Financing
10,150,000
Total Interest Payable
5,094,200
Total Repayment
15,244,200
Monthly Repayment
50,814

[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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