Tung Yuen Building

7 Chancery Lane, Central, Hong Kong
HKD $ 8.5MHKD $ 22K Incl.SA 320 SF | Studio | 1BA
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For Sale (HKD $)
8.5M
For Rent (HKD $)
22K
Room
0
Bath.
1
Age (yrs)
50
Gross Area (SF)
500
$17,000/SF or $44/SF
Saleable Area (SF)
320
$26,563/SF or $69/SF
Efficiency(%)
64%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Top Roof
290 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
0
Bathroom
1
Living / Dining Room
Combined
Kitchen
Open

Management / Government Fee

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

Description

Description
  • It looks out to the surrounding buildings and streets.
  • It looks over Tai Kwun - Centre for Heritage and Arts.
Internal Condition
  • A charming traditional low-rise furnished studio apartment with roof terrace.
  • Big windows capture lots of natural light bringing into the apartment.
  • Good-size studio with living, dining, and sleeping areas perfectly appointed for a bachelor.
  • Fitted open kitchen with essential appliances and built-in cabinets.
  • Bathroom is modern and features a rain shower.
External Area
  • An outdoor living suite with dining set are already placed on the private roof terrace to serve an alfresco dinner anytime.

Building

Low-rise Apartment, Year built 1976 ( Building age 50 )

Mortgage Calculator

Monthly Repayment
$29,788
Minimum Household Income
$59,576
Mortgage Plan
Expenses
Stamp Duty [1]
255,000
Agent Commission [2]
85,000
Sub Total
340,000
Deposit
Initial Deposit (5%) [3]
425,000
S & P Agreement (5%) [3]
425,000
Further Down Payment
1,700,000
Sub Total
2,550,000
Total Cash Outlay
2,890,000

Financing
5,950,000
Total Interest Payable
2,986,400
Total Repayment
8,936,400
Monthly Repayment
29,788

[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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