Nicholson Tower - Block B

New
8 Wong Nai Chung Gap Road, Mid-levels East, Hong Kong
HKD $ 55M | HKD $ 85K Incl. | SA 1,638 SF | GA 1,993 SF | 4BD | 2BA
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Property number: 3429 Updated : 2025/04/02
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Layout / Parking Space

Description

Description
  • The windows capture open views of the racecourse, the buildings and the greenery in Happy Valley.
Internal Condition
  • Spacious living and dining room has great potential for any imaginative decorations.
  • All four bedrooms are large enough to accommodate queen-size beds and wardrobes.
  • Second and third bedrooms also come with built-in floor-to-ceiling wardrobes.
  • Built-in oven, microwave and fridge are installed in the kitchen. A new stove will be installed soon.
  • Both bathrooms have been very well maintained.
  • Washer dryer are in the utility room.
  • Maid's room with bed and bathroom is at the back of the kitchen.
  • Also includes a storeroom.
External Area
  • Bay-shaped balcony off the living and dining room offers a wonderful green open view.

Building

High-rise Apartment, Year built 1990 ( Building age 35 )

TV & Air con
  • Cable TV
  • Satellite TV
Clubhouse Facilities
  • Outdoor Swimming Pool
Children Facilities
  • Children's Playground
Transportation
  • 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.