Grand Promenade - Tower 02

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 11MSA 490 SF | 2BD | 1BA
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For Sale (HKD $)
11M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
687
$16,012/SF
Saleable Area (SF)
490
$22,449/SF
Efficiency(%)
71%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
23 s.f.
Request Information

Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined
Balcony
1
Kitchen
Open

Management / Government Fee

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

Description

Description
  • Open views of the city and part of the harbour.
Internal Condition
  • Fully furnished apartment in white tone. Landlord can remove the furniture upon the tenant's request.
  • Full height door opens up the living and dining room to the balcony. Built-in cabinets and wardrobes offers useful storage space.
  • Single beds, study desks and built-in wardrobes provided in the bedrooms.
  • Open kitchen equipped with two-ring gas stove, washer dryer, microwave oven and refrigerator.
  • Guest bathroom with separate bath and shower is kept in great condition.
External Area
  • Balcony offers space to enjoy the sea breeze and harbour view.

Building

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

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.

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