Gold King Mansion

7 Tai Hang Drive, Tai Hang, Hong Kong
HKD $ 10.5M | SA 567 SF | GA 700 SF | 2BD | 1BA
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Property number: 18449 Updated : 2024/12/31
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Layout / Parking Space

Description

Description
  • Green views looking out over the surrounding Tain Hang area.
Internal Condition
  • Nicely renovated two bedroom apartment.
  • L-shaped living and dining room allows for a separate dining and entertaining area.
  • Master bedroom is large enough to fit a queen-size bed and comes complete with large built-in wardrobes.
  • Second bedroom is used a walk-in closet or can bed used as a study.
  • Open kitchen comes complete with essential appliances and built-in cabinets.
  • Guest bathroom has been well maintained.

Building

High-rise Apartment, Year built 1967 ( Building age 58 )

Mortgage Calculator

Monthly Repayment
$36,796
Minimum Household Income
$73,592
Mortgage Plan
Expenses
Stamp Duty [1]
393,750
Agent Commission [2]
105,000
Sub Total
498,750
Deposit
Initial Deposit (5%) [3]
525,000
S & P Agreement (5%) [3]
525,000
Further Down Payment
2,100,000
Sub Total
3,150,000
Total Cash Outlay
3,648,750

Financing
7,350,000
Total Interest Payable
3,688,800
Total Repayment
11,038,800
Monthly Repayment
36,796

[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.