Island Crest - Tower 1

8 First Street, Sai Ying Pun, Hong Kong
HKD $ 18.5MSA 554 SF | 2BD | 1BA
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For Sale (HKD $)
18.5M
Room
2
Bath.
1
Age (yrs)
17
Gross Area (SF)
752
$24,601/SF
Saleable Area (SF)
554
$33,394/SF
Efficiency(%)
74%
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Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined
Maid Room
1
Balcony
1

Management / Government Fee

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

Description

Description
  • Open city views with a vista of the Peak.
Internal Condition
  • Spacious living and dining room easy for furniture arrangement
  • Bedrooms are bright, and master bedroom is a good size.
  • Second bedroom can be used for guest or as a study.
  • Fully fitted kitchen is equipped with essential appliances and built-in cabinets.
  • Bathrooms are well maintained.
  • A room for storage or the helper.
External Area
  • The balcony off the living room would be a cozy and airy outdoor area for a tea break.

Building

High-rise Apartment, Year built 2009 ( Building age 17 )

Clubhouse Facilities
  • Aerobics Exercise Room
  • Barbeque Area
  • Changing Rooms
  • Dance Room
  • Gym
  • Mahjong rooms
  • Outdoor Swimming Pool
  • Sitting Area
Arts & Entertainment
  • Function Rooms
  • Music Room

Mortgage Calculator

Monthly Repayment
$64,831
Minimum Household Income
$129,662
Mortgage Plan
Expenses
Stamp Duty [1]
693,750
Agent Commission [2]
185,000
Sub Total
878,750
Deposit
Initial Deposit (5%) [3]
925,000
S & P Agreement (5%) [3]
925,000
Further Down Payment
3,700,000
Sub Total
5,550,000
Total Cash Outlay
6,428,750

Financing
12,950,000
Total Interest Payable
6,499,300
Total Repayment
19,449,300
Monthly Repayment
64,831

[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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