Race Tower

81 Wong Nai Chung Road, Happy Valley, Hong Kong
HKD $ 10.5M | SA 457 SF | GA 684 SF | 1BD | 1BA
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Property number: 92185 Updated : 2025/01/21
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Layout / Parking Space

Description

Description
  • Fantastic open view from Happy Valley to Causeway Bay, overlooking the race course.
Internal Condition
  • This furnished home has the luxury of being one unit per floor for extra privacy.
  • Bright and airy ambience with matt tiled flooring, white walls and split air-con throughout.
  • Combined living and dining room with sofa, TV unit, built-in wardrobes and under floor storage to rear also leads to a balcony.
  • Master bedroom with double bed and built-in study area.
  • Open kitchen equipped with two ring gas hob, built-in microwave, combined washer/dryer and freestanding fridge.
  • Guest bathroom with Japanese toilet and walk-in shower.
External Area
  • Access the balcony from the living dining room, also has manual awning for extra shade.

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
$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.