Illumination Terrace II

5-7 Tai Hang Road, Tai Hang, Hong Kong
HKD $ 11.5MSA 731 SF | 3BD | 2BA
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For Sale (HKD $)
11.5M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
33
Gross Area (SF)
910
$12,637/SF
Saleable Area (SF)
731
$15,732/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
39 s.f.
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Layout / Parking Space

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

Management / Government Fee

Management Fee
$2660.00
Government Rate
$5000.00
Government Rent
To be confirmed

Description

Description
  • Looks out to the surrounding buildings and streets.
Internal Condition
  • Nice three bedroom apartment with neutral toned furniture.
  • Pleasant and well defined living and dining areas on a good-size floor plan.
  • Living and dining room comes with low wall units around the wall together with display cabinets.
  • Master bedroom can fit a queen-size bed with built-in wardrobe and includes an ensuite bathroom.
  • Second bedroom can take a double bed with other furniture
  • Third bedroom comes with built in cabinet and is great as a store room.
  • Fully fitted kitchen is equipped with essential appliances and built-in cabinets.
  • Bathrooms are 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
$40,301
Minimum Household Income
$80,602
Mortgage Plan
Expenses
Stamp Duty [1]
431,250
Agent Commission [2]
115,000
Sub Total
546,250
Deposit
Initial Deposit (5%) [3]
575,000
S & P Agreement (5%) [3]
575,000
Further Down Payment
2,300,000
Sub Total
3,450,000
Total Cash Outlay
3,996,250

Financing
8,050,000
Total Interest Payable
4,040,300
Total Repayment
12,090,300
Monthly Repayment
40,301

[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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