Illumination Terrace II

New
5-7 Tai Hang Road, Tai Hang, Hong Kong
HKD $ 12MSA 616 SF | 2BD | 1BA
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For Sale (HKD $)
12M
Room
2
Bath.
1
Age (yrs)
33
Gross Area (SF)
769
$15,605/SF
Saleable Area (SF)
616
$19,481/SF
Efficiency(%)
80%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
32 s.f.
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Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined
Kitchen
Open

Management / Government Fee

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

Description

Description
  • There are bird's eye views of the city dotted with greenery.
Internal Condition
  • Bright and airy living and dining room with expansive windows and high ceiling.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Living and dining room with an open kitchen looks especially spacious and airy without partitioning.
  • Two sizable bedrooms are capable of adopting any creative design and furnishing.
  • Fully fitted open kitchen is equipped with essential appliances and built-in cabinets.
  • Bathroom has been well maintained.

Building

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

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

Mortgage Calculator

Monthly Repayment
$42,053
Minimum Household Income
$84,106
Mortgage Plan
Expenses
Stamp Duty [1]
450,000
Agent Commission [2]
120,000
Sub Total
570,000
Deposit
Initial Deposit (5%) [3]
600,000
S & P Agreement (5%) [3]
600,000
Further Down Payment
2,400,000
Sub Total
3,600,000
Total Cash Outlay
4,170,000

Financing
8,400,000
Total Interest Payable
4,215,900
Total Repayment
12,615,900
Monthly Repayment
42,053

[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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