Illumination Terrace I

5-7 Tai Hang Road, Tai Hang, Hong Kong
HKD $ 15.5MSA 800 SF | 3BD | 2BA
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For Sale (HKD $)
15.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
33
Gross Area (SF)
979
$15,832/SF
Saleable Area (SF)
800
$19,375/SF
Efficiency(%)
82%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
36 s.f.
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Layout / Parking Space

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

Management / Government Fee

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

Description

Description
  • It looks out to the surrounding buildings and trees.
Internal Condition
  • Bright living and dining room with wooden flooring gives a homely feel.
  • Master bedroom can take queen size bed with walk-in closet and ensuite bathroom.
  • Other two sizable bedrooms are capable of adopting any creative design and furnishing.
  • Basic kitchen comes with built-in cabinets and gas stove.
  • Guest bathroom is well maintained.
  • Maid's room is fitted with built-in bed and storage unit.

Building

High-rise Apartment, Year built 1993 ( Building age 33 )

TV & Air con
  • Cable TV
  • Satellite TV
Clubhouse Facilities
  • Billiards
  • Gym
  • Outdoor Swimming Pool
  • Squash Court
Children Facilities
  • Children's Playground
  • Children's Pool
Transportation
  • Bus
  • Mini-bus

Mortgage Calculator

Monthly Repayment
$54,318
Minimum Household Income
$108,636
Mortgage Plan
Expenses
Stamp Duty [1]
581,250
Agent Commission [2]
155,000
Sub Total
736,250
Deposit
Initial Deposit (5%) [3]
775,000
S & P Agreement (5%) [3]
775,000
Further Down Payment
3,100,000
Sub Total
4,650,000
Total Cash Outlay
5,386,250

Financing
10,850,000
Total Interest Payable
5,445,400
Total Repayment
16,295,400
Monthly Repayment
54,318

[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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