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 : 2025/06/25
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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.
  • 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.
Internal Condition
  • Partially furnished apartment that benefits from one unit per floor for maximum privacy.
  • Open plan style living and dining room with large windows to capture plenty of natural daylight. Sofa bed, rug, coffee table, high dining table and bar stools are provided in the living and dining room.
  • Master bedroom can accommodate a double bed and wardrobe or chest of drawers.
  • Open plan kitchen with two-ring gas hob, range hood, freestanding fridge freezer and washing machine.
  • Guest bathroom with freestanding shower extends to a store room with wall mounted racks, ideal for creating a walk-in closet/dressing room.

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.