Grand Court

16 Shan Kwong Road, Happy Valley, Hong Kong
HKD $ 15MSA 799 SF | 3BD | 2BA
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For Sale (HKD $)
15M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
45
Gross Area (SF)
970
$15,464/SF
Saleable Area (SF)
799
$18,773/SF
Efficiency(%)
82%
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Layout / Parking Space

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

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 other buildings at a comfortable distance.
Internal Condition
  • Three bedroom apartment with high efficiency close to public transportation in Happy Valley.
  • Excellent storage solution in the living and dining room, as well as smart TV fixture that will make your screen look even bigger.
  • Every bedroom is facilitated with built-in storage, and you can convert a bedroom into a walk-in closet for the third bedroom.
  • Fully equipped kitchen includes gas hob, built-in washer dryer and oven, water filter and waste disposal system.
  • Bathrooms are newly renovated and feature modern tiling, white sanitary fixtures, and cabinets.

Building

High-rise Apartment, Year built 1981 ( Building age 45 )

TV & Air con
  • Cable TV
Transportation
  • Bus
  • Mini-bus
  • Tram
Shopping
  • Convenient Store
  • Grocery Store
  • Laundry

Mortgage Calculator

Monthly Repayment
$52,566
Minimum Household Income
$105,132
Mortgage Plan
Expenses
Stamp Duty [1]
562,500
Agent Commission [2]
150,000
Sub Total
712,500
Deposit
Initial Deposit (5%) [3]
750,000
S & P Agreement (5%) [3]
750,000
Further Down Payment
3,000,000
Sub Total
4,500,000
Total Cash Outlay
5,212,500

Financing
10,500,000
Total Interest Payable
5,269,800
Total Repayment
15,769,800
Monthly Repayment
52,566

[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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