Race Tower

81 Wong Nai Chung Road, Happy Valley, Hong Kong
HKD $ 10M | SA 589 SF | GA 811 SF | 1BD | 1BA
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Property number: 72287 Updated : 2025/08/04
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Layout / Parking Space

Description

Description
  • Lovely open view over Happy Valley Race Course and over to the greenery behind Mid Levels East.
Internal Condition
  • Partially furnished apartment that benefits from one unit per floor for maximum privacy.
  • Living and dining room with large windows to capture plenty of natural daylight.
  • Built-in low wall units along the bay windows in the living area provides lots of storage. the dining table is provided in the living and dining room.
  • Bedroom is fitted with a double bed and dressing table with open shelving.
  • Open kitchen comes with essential appliances and built-in cabinets.
  • Guest bathroom with freestanding shower unit.
  • Utility room provides additional storage option.
External Area
  • Approximately 7-10 minute walking distance to Causeway Bay MTR, Times Square, Lee Gardens and Hysan Place and equally close to a great selection of bars, restaurants and other local shops in Happy Valley.

Building

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

TV & Air con
  • Cable TV
Arts & Entertainment
  • Bar / Lounge
  • Cafe / Coffee Bar
Transportation
  • Bus
  • Mini-bus
  • Tram
Shopping
  • Convenient Store
  • Grocery Store
  • Laundry

Mortgage Calculator

Monthly Repayment
$35,044
Minimum Household Income
$70,088
Mortgage Plan
Expenses
Stamp Duty [1]
370,000
Agent Commission [2]
100,000
Sub Total
470,000
Deposit
Initial Deposit (5%) [3]
500,000
S & P Agreement (5%) [3]
500,000
Further Down Payment
2,000,000
Sub Total
3,000,000
Total Cash Outlay
3,470,000

Financing
7,000,000
Total Interest Payable
3,513,200
Total Repayment
10,513,200
Monthly Repayment
35,044

[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.