Novum East

New
856 King's Road, Quarry Bay, Hong Kong
HKD $ 11.5M | HKD $ 28K Incl. | SA 451 SF | 2BD | 1BA
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Property number: 171260 Updated : 2025/12/19
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Layout / Parking Space

Management / Government Fee

Description

Description
  • It offers open views of the green hill and the residential buildings from the living room and all the bedrooms.
Internal Condition
  • Bright living and dining room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • The bedrooms are flooded with sunlight with floor-to-ceiling windows.
  • Master bedroom can take double bed with a balcony.
  • Second bedroom can be used as a guest room or study.
  • Fully fitted open kitchen is equipped with essential appliances.
  • Bathroom has been very well maintained.
  • Maid's room can be used as a store room.
External Area
  • The balcony off the living and dining room is great for fresh air.
  • The balcony off the master bedroom is great for airing of laundry or keeping some plants.

Building

High-rise Apartment, Year built 2019 ( Building age 6 )

Mortgage Calculator

Monthly Repayment
$40,301
Minimum Household Income
$80,602
Mortgage Plan
Expenses
Stamp Duty [1]
431,250
Agent Commission [2]
115,000
Sub Total
546,250
Deposit
Initial Deposit (5%) [3]
575,000
S & P Agreement (5%) [3]
575,000
Further Down Payment
2,300,000
Sub Total
3,450,000
Total Cash Outlay
3,996,250

Financing
8,050,000
Total Interest Payable
4,040,300
Total Repayment
12,090,300
Monthly Repayment
40,301

[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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