Shan Kwong Tower - No. 24

24 Shan Kwong Road, Happy Valley, Hong Kong
HKD $ 10.2MSA 622 SF | 2BD | 1BA
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For Sale (HKD $)
10.2M
Room
2
Bath.
1
Age (yrs)
53
Gross Area (SF)
780
$13,077/SF
Saleable Area (SF)
622
$16,399/SF
Efficiency(%)
80%
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Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined
Carpark
1 covered

Management / Government Fee

Management Fee
To be confirmed
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Splendid views of the city skyline for your enjoyment from dusk 'til dawn.
  • It looks out to the other buildings at a comfortable distance.
Internal Condition
  • Bright and airy living and dining room with expansive windows and high ceiling.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Master bedroom comes with dual aspect views and can fit a queen-size bed with wardrobe,
  • Second bedroom is nice for guest or as a study.
  • The kitchen is equipped with double sink, gas cooker and built-in cabinets.
  • Bathroom has been well maintained.

Building

High-rise Apartment, Year built 1973 ( Building age 53 )

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

Mortgage Calculator

Monthly Repayment
$35,745
Minimum Household Income
$71,490
Mortgage Plan
Expenses
Stamp Duty [1]
382,500
Agent Commission [2]
102,000
Sub Total
484,500
Deposit
Initial Deposit (5%) [3]
510,000
S & P Agreement (5%) [3]
510,000
Further Down Payment
2,040,000
Sub Total
3,060,000
Total Cash Outlay
3,544,500

Financing
7,140,000
Total Interest Payable
3,583,500
Total Repayment
10,723,500
Monthly Repayment
35,745

[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.

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