Ming Wai Garden

45 Repulse Bay Road, Repulse Bay, Hong Kong
HKD $ 55M | SA 1,583 SF | GA 1,900 SF | 3BD | 2BA
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Property number: 96994 Updated : 2025/03/24
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Layout / Parking Space

Description

Description
  • Magnificent sea views bounded by a range of mountains at the horizon.
Internal Condition
  • The expansive rectangular design offers limitless possibilities for furniture arrangement, perfectly suited to your personal style.
  • Recently upgraded to the highest standards, featuring recessed lighting, concealed air-conditioning units, premium laminated wooden floors, and high-quality, energy-efficient windows.
  • Every bedroom is equipped with built-in, full-height wardrobes, ensuring plenty of storage space for your belongings.
  • The sleek, modern kitchen is outfitted with top-of-the-line appliances, including a gas hob, exhaust hood, built-in microwave and oven, refrigerator, and a washer-dryer combo.
  • Elegant and well-maintained, the bathrooms exude a sense of sophistication and comfort.
  • The maid’s room comfortably accommodates a single bed with extra room for movement or storage.
External Area
  • The private balcony, accessible from the living and dining area, is perfect for a cozy tea table for two—ideal for relaxing or enjoying a quiet moment outdoors.

Building

High-rise Apartment, Year built 1973 ( Building age 52 )

Transportation
  • Bus
  • Mini-bus

Mortgage Calculator

Monthly Repayment
$192,741
Minimum Household Income
$385,482
Mortgage Plan
Expenses
Stamp Duty [1]
2,337,500
Agent Commission [2]
550,000
Sub Total
2,887,500
Deposit
Initial Deposit (5%) [3]
2,750,000
S & P Agreement (5%) [3]
2,750,000
Further Down Payment
11,000,000
Sub Total
16,500,000
Total Cash Outlay
19,387,500

Financing
38,500,000
Total Interest Payable
19,322,300
Total Repayment
57,822,300
Monthly Repayment
192,741

[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.