Grand Promenade - Tower 03

New
38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 29M | SA 1,129 SF | GA 1,532 SF | 4BD | 2BA
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Property number: 19419 Updated : 2025/10/08
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Description

Description
  • Stunning, boundless sea views to be enjoyed all year round.
  • Popular family development at convenient location.
Internal Condition
  • Classic designed, two-bedroom, apartment.
  • Spacious living and dining room comes with a large sofa, coffee table, TV, dining table and built-in cabinets and cupboards.
  • The original layout has been modified to enlarge the master bedroom which accommodates big built-in wardrobes, a king-size bed, a baby bed and a TV. Access the study or makeup nook via the master bathroom.
  • Second bedroom also comes with a TV and a wardrobe and is large enough for a queen-size bed.
  • Kitchen is equipped with essential appliances.
  • Both master and guest bathrooms are well kept.
  • Generous maids room next to the kitchen is fitted with a bunkbed and chest of drawers.
External Area
  • Balcony leads off the living and dining room overlooking the sea.

Building

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

Mortgage Calculator

Monthly Repayment
$101,627
Minimum Household Income
$203,254
Mortgage Plan
Expenses
Stamp Duty [1]
1,232,500
Agent Commission [2]
290,000
Sub Total
1,522,500
Deposit
Initial Deposit (5%) [3]
1,450,000
S & P Agreement (5%) [3]
1,450,000
Further Down Payment
5,800,000
Sub Total
8,700,000
Total Cash Outlay
10,222,500

Financing
20,300,000
Total Interest Payable
10,188,100
Total Repayment
30,488,100
Monthly Repayment
101,627

[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.