May Tower 1

7 May Road, Mid-levels Central, Hong Kong
HKD $ 68M | SA 2,278 SF | GA 2,850 SF | 3BD | 2.5BA
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Property number: 131711 Updated : 2025/03/26
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Layout / Parking Space

Description

Description
  • Open views of the city skyline.
Internal Condition
  • Furniture in this apartment is optional.
  • Efficient layout providing separate living and dining rooms.
  • Big master bedroom contains a built-in desk and wardrobe.
  • Other bedrooms also include built-in wardrobes.
  • Cabinets and all essential appliances including fridge, oven and stove in the kitchen.
  • Both bathrooms and the powder room are well maintained.
  • Maids quarter at the back of the kitchen is nicely fitted with a bed.
  • Utility room is fitted with washer and dryer.
External Area
  • Living room has access to the balcony.

Building

High-rise Apartment, Year built 1974 ( Building age 51 )

Clubhouse Facilities
  • Gym
  • Outdoor Swimming Pool

Mortgage Calculator

Monthly Repayment
$238,297
Minimum Household Income
$476,594
Mortgage Plan
Expenses
Stamp Duty [1]
2,890,000
Agent Commission [2]
680,000
Sub Total
3,570,000
Deposit
Initial Deposit (5%) [3]
3,400,000
S & P Agreement (5%) [3]
3,400,000
Further Down Payment
13,600,000
Sub Total
20,400,000
Total Cash Outlay
23,970,000

Financing
47,600,000
Total Interest Payable
23,889,100
Total Repayment
71,489,100
Monthly Repayment
238,297

[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.