Grand Promenade - Tower 02

New
38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 11M | HKD $ 25K Incl. | SA 490 SF | GA 689 SF | 2BD | 1BA
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Property number: 112581 Updated : 2025/07/11
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Layout / Parking Space

Description

Description
  • You can enjoy some greenery views in addition to the city views.
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.
  • Well-positioned bedrooms receive good natural light.
  • Master bedroom is facilitated with a double bed and built-in storage.
  • Second bedroom can be used as a study or for guest.
  • The kitchen is equipped with essential appliances and built-in cabinets.
  • Bathroom has been very well maintained.
External Area
  • The balcony off the living room would be a cozy and airy outdoor area for a tea break.

Building

High-rise Apartment, Year built 2005 ( Building age 20 )

Mortgage Calculator

Monthly Repayment
$38,549
Minimum Household Income
$77,098
Mortgage Plan
Expenses
Stamp Duty [1]
412,500
Agent Commission [2]
110,000
Sub Total
522,500
Deposit
Initial Deposit (5%) [3]
550,000
S & P Agreement (5%) [3]
550,000
Further Down Payment
2,200,000
Sub Total
3,300,000
Total Cash Outlay
3,822,500

Financing
7,700,000
Total Interest Payable
3,864,700
Total Repayment
11,564,700
Monthly Repayment
38,549

[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.