Grand Court

16 Shan Kwong Road, Happy Valley, Hong Kong
HKD $ 26MSA 799 SF | 3BD | 2BA
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Map
For Sale (HKD $)
26M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
45
Gross Area (SF)
970
$26,804/SF
Saleable Area (SF)
799
$32,541/SF
Efficiency(%)
82%
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Layout / Parking Space

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

Management / Government Fee

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

Description

Description
  • Enjoy the privacy of the nicely decorated terrace.
Internal Condition
  • Bright living and dining room has floor to ceiling glass doors opening on to a large private terrace.
  • Living and dining room with an open kitchen looks especially spacious and airy without partitioning.
  • Master bedroom has built-in wardrobe and can access to the large back terrace.
  • Second bedroom can fit a double bed and also has access to the back terrace.
  • Third bedroom can fit a double bed and has a built-in wardrobe and has access to the front terrace.
  • Fitted open kitchen and has lots of storage, electric hob, built-in microwave, western oven and fridge.
  • Bathrooms are nicely renovated and very well maintained.
  • Separate washer and dryer are located on the back terrace.
External Area
  • Huge private terrace from the living room and provides wonderful space for BBQ and dining.
  • Large terrace with awning off the master and second bedroom for a secret garden.

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
$91,114
Minimum Household Income
$182,228
Mortgage Plan
Expenses
Stamp Duty [1]
1,105,000
Agent Commission [2]
260,000
Sub Total
1,365,000
Deposit
Initial Deposit (5%) [3]
1,300,000
S & P Agreement (5%) [3]
1,300,000
Further Down Payment
5,200,000
Sub Total
7,800,000
Total Cash Outlay
9,165,000

Financing
18,200,000
Total Interest Payable
9,134,200
Total Repayment
27,334,200
Monthly Repayment
91,114

[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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