Grand Promenade - Tower 05

38 Tai Hong Street, Quarry Bay, Hong Kong
HKD $ 16.5MSA 685 SF | 3BD | 2BA
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For Sale (HKD $)
16.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
21
Gross Area (SF)
933
$17,685/SF
Saleable Area (SF)
685
$24,088/SF
Efficiency(%)
73%
Request Information

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
  • Open sea views throughout.
Internal Condition
  • Long living and dining room has many options for furniture arrangement.
  • Master bedroom can accomodate a queen-size bed and wardrobe.
  • Other two bedrooms allow for single beds and wardrobes.
  • Both master and guest bathrooms include bathtubs.
  • Gas hob cooktop, washing machine, and fridge are provided in the kitchen.
External Area
  • Living area is extended with a balcony.
  • Building includes a gym and outdoor pool.

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
$57,823
Minimum Household Income
$115,646
Mortgage Plan
Expenses
Stamp Duty [1]
618,750
Agent Commission [2]
165,000
Sub Total
783,750
Deposit
Initial Deposit (5%) [3]
825,000
S & P Agreement (5%) [3]
825,000
Further Down Payment
3,300,000
Sub Total
4,950,000
Total Cash Outlay
5,733,750

Financing
11,550,000
Total Interest Payable
5,796,900
Total Repayment
17,346,900
Monthly Repayment
57,823

[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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