Igloo Residence

1A Shan Kwong Road, Happy Valley, Hong Kong
HKD $ 10.5MSA 795 SF | 2BD | 1.5BA
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For Sale (HKD $)
10.5M
Room
2
Bath.
1.5
Age (yrs)
59
Gross Area (SF)
1,000
$10,500/SF
Saleable Area (SF)
795
$13,208/SF
Efficiency(%)
80%
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Layout / Parking Space

Bedroom
2
Bathroom
1.5
Living / Dining Room
L-Shaped
Balcony
1

Management / Government Fee

Management Fee
$4300.00
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Look out to close by buildings at comfortable distance.
Internal Condition
  • Spacious L-shaped living and dining room with light from many windows.
  • Master bedroom is large enough to fit a queen-size bed and faciliated with built-in wardrobe.
  • Second bedroom allows for a double bed and a wardrobe
  • The kitchen is equipped with all essential appliances. Very good size with plenty of workbench and cupboard spaces.
  • Both bathrooms are in a clean and good condition.
External Area
  • Balcony off the living and dining room is fitted with wooden deck and can accommodate a small table and chairs.

Building

Mid-rise Apartment, Year built 1967 ( Building age 59 )

TV & Air con
  • Cable TV
Arts & Entertainment
  • Bar / Lounge
  • Cafe / Coffee Bar
Transportation
  • Bus
  • Mini-bus
  • Tram
Shopping
  • Convenient Store
  • Grocery Store
  • Laundry

Mortgage Calculator

Monthly Repayment
$36,796
Minimum Household Income
$73,592
Mortgage Plan
Expenses
Stamp Duty [1]
393,750
Agent Commission [2]
105,000
Sub Total
498,750
Deposit
Initial Deposit (5%) [3]
525,000
S & P Agreement (5%) [3]
525,000
Further Down Payment
2,100,000
Sub Total
3,150,000
Total Cash Outlay
3,648,750

Financing
7,350,000
Total Interest Payable
3,688,800
Total Repayment
11,038,800
Monthly Repayment
36,796

[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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