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Grand Promenade - Tower 01

New
38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 18.5MHKD $ 43K Incl.SA 663 SF | 3BD | 2BA
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Map
Balcony off Living and Dining Room
Living and Dining Room
Living and Dining Room
For Sale (HKD $)
18.5M
For Rent (HKD $)
43K
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
21
Gross Area (SF)
911
$20,307/SF or $47/SF
Saleable Area (SF)
663
$27,903/SF or $65/SF
Efficiency(%)
73%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
33 s.f.
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Layout / Parking Space

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

Management / Government Fee

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

Description

Description
  • Stunning views overlooking the waterfront area and the sea.
Internal Condition
  • Bright living room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Master bedroom can take a double or queen-size bed and a wardrobe.
  • Second bedroom can be used for guest or as a study.
  • Fully fitted kitchen comes with gas hob, exhaust hood, built-in microwave, fridge and washer dryer.
  • Both bathrooms are modern and well maintained.
External Area
  • Living and dining room has full height glass doors opening to the balcony for relaxation.

Building

High-rise Apartment, Year built 2005 ( Building age 21 )

Taxi Stand
Overview
Building Outlook
Taxi Stand
Overview
Clubhouse Facilities
  • Aerobics Exercise Room
  • Gym
  • Jacuzzi
  • Sauna
  • Sky Garden
  • Swimming Pool
  • Table Tennis
Children Facilities
  • Children's Playground

Mortgage Calculator

Monthly Repayment
$64,831
Minimum Household Income
$129,662
Mortgage Plan
Expenses
Stamp Duty [1]
693,750
Agent Commission [2]
185,000
Sub Total
878,750
Deposit
Initial Deposit (5%) [3]
925,000
S & P Agreement (5%) [3]
925,000
Further Down Payment
3,700,000
Sub Total
5,550,000
Total Cash Outlay
6,428,750
Financing
12,950,000
Total Interest Payable
6,499,300
Total Repayment
19,449,300
Monthly Repayment
64,831

[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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