Igloo Residence

1A Shan Kwong Road, Happy Valley, Hong Kong
HKD $ 17.8M | SA 798 SF | GA 1,000 SF | 2BD | 2BA
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Property number: 88141 Updated : 2025/01/15
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Layout / Parking Space

Description

Description
  • It looks out to the other buildings at a comfortable distance.
Internal Condition
  • 2-bedroom apartment with an outdoor terrace situated in the heart of Happy Valley.
  • Big open plan living and dining room and kitchen features big windows and glass door opening onto the terrace.
  • Spacious living and dining room with high ceiling and minimalist aesthetic.
  • Master bedroom includes a walk-in wardrobe and ensuite bathroom.
  • Second bedroom comes with plenty of built-in wardrobe and can fit a single bed.
  • Necessary appliances including induction hobs, built-in oven, dishwasher and plenty of cabinets and countertop space.
  • Both ensuite and guest bathrooms are of good size and features a bath tub and a modern toilet vanity wares.
External Area
  • The terrace is another alluring characteristic of this unusual home.

Building

Mid-rise Apartment, Year built 1967 ( Building age 58 )

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
$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.