May Tower 1

7 May Road, Mid-levels Central, Hong Kong
HKD $ 85M | SA 2,278 SF | GA 2,850 SF | 2BD | 2.5BA
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Property number: 37457 Updated : 2025/03/05
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Layout / Parking Space

Description

Description
  • Splendid views of the city skyline and a partial harbour view.
  • Enjoy some green from the dining room and master bedroom.
Internal Condition
  • This modern apartment has been renovated to a high standard.
  • Original three-bedroom has been converted into a two-bedroom.
  • Nice quality hardwood floorings and light coloured walls and ceilings throughout.
  • Hi-tech home appliances in the living room for an upbeat city living.
  • Dining room with a mountain view suits a large dining table.
  • Master bedroom suite has been enlarged and consists of ample built-in wardrobes and a luxurious ensuite bathroom.
  • Second bedroom also has built-in wardrobe and a spacious ensuite bathroom.
  • Semi-open kitchen can be separated by a sliding glass panel and is equipped with gas & electric hob, exhaust hood, microwave, oven, ,fridge, and washer & dryer.
  • A guest powder room consistant to the design of the two ensuite bathrooms.
  • Maid's room with its own washroom accommodates a bed cum storage.
  • Utility room off the kitchen can be used for storage.
External Area
  • Balcony doors bring sunlight into the living room.

Building

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

Clubhouse Facilities
  • Gym
  • Outdoor Swimming Pool

Mortgage Calculator

Monthly Repayment
$297,872
Minimum Household Income
$595,744
Mortgage Plan
Expenses
Stamp Duty [1]
3,612,501
Agent Commission [2]
850,000
Sub Total
4,462,501
Deposit
Initial Deposit (5%) [3]
4,250,000
S & P Agreement (5%) [3]
4,250,000
Further Down Payment
17,000,000
Sub Total
25,500,000
Total Cash Outlay
29,962,501

Financing
59,500,000
Total Interest Payable
29,861,600
Total Repayment
89,361,600
Monthly Repayment
297,872

[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.