Grand Promenade - Tower 01

New
38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 17.2MHKD $ 42K Incl.SA 663 SF | 3BD | 2BA
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For Sale (HKD $)
17.2M
For Rent (HKD $)
42K
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
21
Gross Area (SF)
911
$18,880/SF or $46/SF
Saleable Area (SF)
663
$25,943/SF or $63/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, boundless sea views to be enjoyed all year round.
Internal Condition
  • Bright living room has full height doors opening to the balcony.
  • Master bedroom is a good size to fit double or queen size bed.
  • Other two bedrooms have good layout for guest or as a study.
  • Fully fitted kitchen is equipped with essential appliances and built-in cabinets.
  • Bathrooms have been well maintained.
External Area
  • The balcony is a comfortable outdoor space to enjoy the Harbour and city view.

Building

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

Clubhouse Facilities
  • Aerobics Exercise Room
  • Gym
  • Jacuzzi
  • Sauna
  • Sky Garden
  • Swimming Pool
  • Table Tennis
Children Facilities
  • Children's Playground

Mortgage Calculator

Monthly Repayment
$60,276
Minimum Household Income
$120,552
Mortgage Plan
Expenses
Stamp Duty [1]
645,000
Agent Commission [2]
172,000
Sub Total
817,000
Deposit
Initial Deposit (5%) [3]
860,000
S & P Agreement (5%) [3]
860,000
Further Down Payment
3,440,000
Sub Total
5,160,000
Total Cash Outlay
5,977,000

Financing
12,040,000
Total Interest Payable
6,042,800
Total Repayment
18,082,800
Monthly Repayment
60,276

[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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