Race Course Mansion

93-95 Wong Nai Chung Road, Happy Valley, Hong Kong
HKD $ 21M | HKD $ 45K Incl. | SA 1,052 SF | GA 1,310 SF | 1BD | 2BA
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Property number: 12467 Updated : 2025/04/14
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Layout / Parking Space

Description

Description
  • Facing the racecourse, this home captures a green view of the Happy Valley area.
Internal Condition
  • Colonial mid-rise apartment overlooking the racecourse with matt wooden flooring, white painted walls and ceilings, split-type air-con and huge windows with roll-down blinds.
  • Big living and dining room features a fireplace and has lots of furnishing possibilities.
  • Spacous master bedroom includes a walk-in closet, and an ensuite bathroom with an open view from the Jacuzzi tub.
  • Kitchen is fully fitted with essential appliances, including freestanding stove and oven, rangehood, and large double-doored fridge with ice-maker.
  • Neat and clean guest bathroom matches the design of the master bathroom and provides a shower cubicle.
External Area
  • Balcony leads off the living and dining room.

Building

Mid-rise Apartment, Year built 1959 ( Building age 66 )

Transportation
  • Bus
  • Mini-bus
  • Tram

Mortgage Calculator

Monthly Repayment
$73,592
Minimum Household Income
$147,184
Mortgage Plan
Expenses
Stamp Duty [1]
235,000
Agent Commission [2]
210,000
Sub Total
445,000
Deposit
Initial Deposit (5%) [3]
1,050,000
S & P Agreement (5%) [3]
1,050,000
Further Down Payment
4,200,000
Sub Total
6,300,000
Total Cash Outlay
6,745,000

Financing
14,700,000
Total Interest Payable
7,377,600
Total Repayment
22,077,600
Monthly Repayment
73,592

[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.