Name: Elgin Street, 36-38
Brand: HongKongHomes
SKU: 35302

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Elaine Lam

Client Service Officer

Proway Relocation & Real Estate Services Ltd.

General Information

Price

HKD $16,800,000 Sale with lease

Saleable Area

643 sq ft$26,128/sq ft

Gross Area

850 sq ft$19,765/sq ft

Bedroom

1-bedroom

Bathroom

Management Fee

To be confirmed

Government Rate

To be confirmed

Government Rent

To be confirmed

Property No.

35302

Last Updated

2023-09-08

Layout

1 Bedroom(s); 1 Bathroom(s); Combined Living and Dining Room

Description

View

Looks out to the surrounding buildings and streets.

Internal Condition

Charming colonial low-rise apartment in neutral tone and with simple modern style decoration and furniture.
Open plan living and dining room is bright and spacious featuring wall-to-wall windows.
Large master bedroom consists of a big built-in wardrobe and can fit a queen-size bed.
Modern open kitchen complete with built-in electric hob, exhaust hood, oven and fridge.
White-colour fittings in the master bathroom and guest powder room are of good quality.

External Area

Good-sized communal roof terrace is fitted with outdoor furniture. A washing machine is installed on the roof.

Mortgage Calculator

Monthly Repayment *

Minimum Household Income *

Property Price	Mortgage Amount(%)
Interest Rate	Mortgage Term
Mortgage Amount

Stamp Duty Eligibility Details

I currently own a property in Hong Kong.

I am an HK Resident and non-corporate buyer.

Mortgage Plan

Expenses

Stamp Duty *

Agency Commission ***

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Deposit

Initial Deposit(5%) *

S & P Agreement(5%) ***

Further Down Payment ***

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Total Cash Outlay

Financing

Total Interest Payable

Total Repayment

Monthly Instalment

* Exact Stamp Duty to be determined by Government

** Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)

*** Exact Real Estate Agent Commission to be confirmed by Real Estate Agent

DISCLAIMER: The calculated value is based on assumptions and provides an approximate result for your reference only.

90% Mortgage is for the first‑time home buyers, the cap on the value of a property eligible for a mortgage loan of a maximum cover of 90 per cent LTV ratio raised from the $8 million to $10 million.

Building Information

Basic Information	Low-rise Apartment
Year built	1959 (building age 64 years)

District Information

About Central

Central comprises of mainly office buildings providing accommodations to banks, financial firms, professional firms, and service providers. Prominent office buildings are mostly situated on waterfront and along the main roads on Connaught Road, Des Voeux Road Central, Queen's Road Central, and Chater Road. Secondary office buildings are located on the side streets and areas south of Stanley Street.Proximity to work, easy access to amenities and services, as well as desirable environment are among some of reasons why homes in Central are appealing to professionals. With the exception of a project such as Centrestage, there were virtually no new residential developments in Central during the last 30 years. Small pockets of residential buildings remain in the upper part of Central. Due to superior location and rarity, apartments in Central are highly sought after among professionals working in Central.

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Testimonials

Adrienne Leung's client say:

Adrienne has done a terrific job in helping us find a new apartment. I especially appreciate that she took the time to understand our detailed requirements and only showed us properties that met all of the criteria thereby saving us a lot of time in our search.

Rosemarie Kriesel

Lisa Neilson's client say:

Lisa has been absolutely fantastic throughout this whole process. We couldn't have wished for a more helpful person, and we really appreciated everything she did for us.

Charlie Clack