Kam Kwong Mansion

36-44 King Kwong Street, Happy Valley, Hong Kong
HKD $ 11.5M | SA 456 SF | GA 556 SF | 1BD | 1BA
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Property number: 149078 Updated : 2025/05/22
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Layout / Parking Space

Description

Description
  • Open views of the surrounding area including the racecourse.
  • Located just minutes' walk to the shopping areas and the tram terminal.
  • Jacuzzi style roof terrace has space to set up a barbeque.
Internal Condition
  • Bright apartment with light tile flooring, painted walls and big windows.
  • Mounted TV and high-fi, darkwood furniture, cabinets and wardrobes are provided in the neutral designed living and dining room.
  • Master bedroom includes a king-size bed, cabinets, dressing table and wardrobes.
  • Open kitchen features all needed appliances of renowned branding, including gas stove, exhaust hood, built-in oven, built-in microwave, dish-washer, fridge and washer.
  • Guest bathroom is well maintained and clean.
External Area
  • Unwind on the unique private roof terrace overlooking the majestic scenery of the racecourse, the mountain and the city area.

Building

High-rise Apartment, Year built 1977 ( Building age 48 )

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.