Prince's Terrace, 5-7

5-7 Prince's Terrace, Mid-levels West, Hong Kong
HKD $ 10.5M | SA 531 SF | GA 700 SF | 1BD | 1BA
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Property number: 97450 Updated : 2025/04/25
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Description

Description
  • Open views of the neighbourhood, located on the quiet Prince's Terrace next to the Escalator.
  • Steps away from a variety of restaurants, bars and shops. Ideally located in the heart of Soho.
Internal Condition
  • Beautifully renovated flat with tasteful furniture, modern appliances, large double glazed windows and good storage capacity.
  • White-painted walls and ceilings coupled with light wooden flooring.
  • Spacious living and dining room leading to the bedroom through bi-folding metal and glass doors, which can be folded back to open up the space.
  • Bedroom accommodates a queen-size bed, built-in wardrobe and long fitted study desk.
  • Open kitchen features stainless built-in cabinets and appliances such as wide fridge freezer, four-ring induction hob, built-in oven and microwave.
  • Good-size bathroom finished with black toned tiling includes a bathtub and a washing machine.
  • Wide store room is conveniently located near the flat entrance.

Building

Low-rise Apartment, Year built 1965 ( Building age 60 )

Mortgage Calculator

Monthly Repayment
$36,796
Minimum Household Income
$73,592
Mortgage Plan
Expenses
Stamp Duty [1]
393,750
Agent Commission [2]
105,000
Sub Total
498,750
Deposit
Initial Deposit (5%) [3]
525,000
S & P Agreement (5%) [3]
525,000
Further Down Payment
2,100,000
Sub Total
3,150,000
Total Cash Outlay
3,648,750

Financing
7,350,000
Total Interest Payable
3,688,800
Total Repayment
11,038,800
Monthly Repayment
36,796

[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.