Grand Promenade - Tower 05

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 17.8MSA 685 SF | 3BD | 2BA
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For Sale (HKD $)
17.8M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
21
Gross Area (SF)
933
$19,078/SF
Saleable Area (SF)
685
$25,985/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
26 s.f.
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Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Balcony
1
Utility Room
1

Management / Government Fee

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

Description

Description
  • Magnificent sea views bounded by a range of mountains at the horizon.
Internal Condition
  • Bright living and dining room has full height doors opening to the balcony.
  • Living and dining room comes with designer chandelier, recessed lighting and spotlighting and marble flooring with nice wooden wall finishing.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • All bedrooms come with large bay windows bringing in lots of natural light.
  • The master bedroom can take queen size bed with other furniture.
  • Second and third bedroom can be used as guest room or study.
  • Fully fitted kitchen is equipped with essential appliances.
  • Bathrooms have been very well maintained.
External Area
  • The balcony off the living and dining room is great for enjoying the stunning sea views.

Building

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

Communal Facilities
  • BBQ Area
  • Landscaped Garden
  • Outdoor Swimming Pool
  • Swimming Pool
Clubhouse Facilities
  • Aerobics Exercise Room
  • Barbeque Area
  • Basketball Court
  • Billiards
  • Changing Rooms
  • Gym
  • Outdoor Swimming Pool
  • Sauna
  • Sitting Area
  • Swimming Pool
  • Whirlpool
Children Facilities
  • Children Exercise Room
  • Children's Playground
  • Children's Pool
  • Game Room
  • Indoor Play Area
Arts & Entertainment
  • Function Rooms
  • Music Room
  • Reading Room

Mortgage Calculator

Monthly Repayment
$62,378
Minimum Household Income
$124,756
Mortgage Plan
Expenses
Stamp Duty [1]
667,500
Agent Commission [2]
178,000
Sub Total
845,500
Deposit
Initial Deposit (5%) [3]
890,000
S & P Agreement (5%) [3]
890,000
Further Down Payment
3,560,000
Sub Total
5,340,000
Total Cash Outlay
6,185,500

Financing
12,460,000
Total Interest Payable
6,253,400
Total Repayment
18,713,400
Monthly Repayment
62,378

[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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