Arts Mansion

43 Wong Nai Chung Road, Happy Valley, Hong Kong
HKD $ 23MSA 1,051 SF | 3BD | 2BA
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Map
For Sale (HKD $)
23M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
47
Gross Area (SF)
1,222
$18,822/SF
Saleable Area (SF)
1,051
$21,884/SF
Efficiency(%)
86%
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Layout / Parking Space

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

Management / Government Fee

Management Fee
$2242.00
Government Rate
$6591.00
Government Rent
To be confirmed

Description

Description
  • Full view of the green Race Course and Happy Valley districts to the city.
Internal Condition
  • Rectangular living and dining room extends to the open kitchen.
  • Built-in wardrobes are provided in the master and second bedrooms.
  • Third bedroom can fit a single-size bed and a wardrobe.
  • Open fitted kitchen comes with electric hob, exhaust hood, built-in oven, and fridge.
  • Both ensuite bathrooms are nicely renovated with new floor and wall finishes, fixtures and cabinets.
  • Washer & dryer is fitted in second ensuite bathroom.
External Area
  • Balcony off the living area commands a spectacular view of the Race Course.

Building

High-rise Apartment, Year built 1979 ( Building age 47 )

Transportation
  • Bus
  • Mini-bus
  • Tram
Shopping
  • Convenient Store

Mortgage Calculator

Monthly Repayment
$80,601
Minimum Household Income
$161,202
Mortgage Plan
Expenses
Stamp Duty [1]
977,501
Agent Commission [2]
230,000
Sub Total
1,207,501
Deposit
Initial Deposit (5%) [3]
1,150,000
S & P Agreement (5%) [3]
1,150,000
Further Down Payment
4,600,000
Sub Total
6,900,000
Total Cash Outlay
8,107,501

Financing
16,100,000
Total Interest Payable
8,080,300
Total Repayment
24,180,300
Monthly Repayment
80,601

[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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