Million City

28 Elgin Street, Central, Hong Kong
HKD $ 15MSA 374 SF | Studio | 1BA
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For Sale (HKD $)
15M
Room
0
Bath.
1
Age (yrs)
29
Gross Area (SF)
572
$26,224/SF
Saleable Area (SF)
374
$40,107/SF
Efficiency(%)
65%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
25 s.f.
Terrace
989 s.f.
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Layout / Parking Space

Bedroom
0
Bathroom
1
Living / Dining Room
Combined
Terrace
1
Kitchen
Open

Management / Government Fee

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

Description

Description
  • It looks out to the other buildings at a comfortable distance.
Internal Condition
  • Bright studio has French doors opening to the private terrace.
  • Nice studio comes with high ceiling and sliding doors can divide up different areas for separate usage..
  • Efficient layout of the studio allows for an optimal arrangement of furniture.
  • Fully fitted open kitchen is equipped with essential appliances.
  • Bathroom ha been well maintained.
External Area
  • The huge private roof terrace gives your family and friends ample outdoor space for a barbecue party.
  • The private roof terrace offers you the most relaxing 360-degree views.
  • Create a private outdoor sanctuary for your family on the roof terrace with green house.
  • Set your table and chairs on the private roof terrace and enjoy an alfresco dining anytime.

Building

High-rise Apartment, Year built 1997 ( Building age 29 )

Mortgage Calculator

Monthly Repayment
$52,566
Minimum Household Income
$105,132
Mortgage Plan
Expenses
Stamp Duty [1]
562,500
Agent Commission [2]
150,000
Sub Total
712,500
Deposit
Initial Deposit (5%) [3]
750,000
S & P Agreement (5%) [3]
750,000
Further Down Payment
3,000,000
Sub Total
4,500,000
Total Cash Outlay
5,212,500

Financing
10,500,000
Total Interest Payable
5,269,800
Total Repayment
15,769,800
Monthly Repayment
52,566

[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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