Grand Promenade - Tower 02

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 17.5MSA 662 SF | 3BD | 2BA
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For Sale (HKD $)
17.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
21
Gross Area (SF)
911
$19,210/SF
Saleable Area (SF)
662
$26,435/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
22 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 and boundless sea views to be enjoyed all year round.
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.
  • Large bay windows in the master bedroom are excellent reading corners.
  • Well-positioned bedrooms receive good natural light.
  • Each bedroom has an efficient layout for bed and wardrobe.
  • The kitchen is equipped with essential appliances and built-in cabinets.
  • Bathrooms have been well maintained.
  • Maid's room with its own washroom can be used as storage option.
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 21 )

Mortgage Calculator

Monthly Repayment
$61,327
Minimum Household Income
$122,654
Mortgage Plan
Expenses
Stamp Duty [1]
656,250
Agent Commission [2]
175,000
Sub Total
831,250
Deposit
Initial Deposit (5%) [3]
875,000
S & P Agreement (5%) [3]
875,000
Further Down Payment
3,500,000
Sub Total
5,250,000
Total Cash Outlay
6,081,250

Financing
12,250,000
Total Interest Payable
6,148,100
Total Repayment
18,398,100
Monthly Repayment
61,327

[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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