Shan Kwong Tower - No. 24

24 Shan Kwong Road, Happy Valley, Hong Kong
HKD $ 11.5M | SA 615 SF | GA 709 SF | 1BD | 1.5BA
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Property number: 203437 Updated : 2025/07/17
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Layout / Parking Space

Description

Description
  • Looks out onto the hillside of Happy Valley.
Internal Condition
  • Nicely renovated flat is very bright and airy with dark flooring.
  • Living and dining room with an open kitchen looks especially spacious and airy without partitioning.
  • Bedroom is a good size and can fit a queen-size bed with walk-in closet, built-in wardrobe and ensuite bathroom.
  • Fully fitted open kitchen comes with essential appliances and built-in cabinets.
  • Bathroom and powder room have been well maintained.

Building

High-rise Apartment, Year built 1973 ( Building age 52 )

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

Mortgage Calculator

Monthly Repayment
$40,301
Minimum Household Income
$80,602
Mortgage Plan
Expenses
Stamp Duty [1]
431,250
Agent Commission [2]
115,000
Sub Total
546,250
Deposit
Initial Deposit (5%) [3]
575,000
S & P Agreement (5%) [3]
575,000
Further Down Payment
2,300,000
Sub Total
3,450,000
Total Cash Outlay
3,996,250

Financing
8,050,000
Total Interest Payable
4,040,300
Total Repayment
12,090,300
Monthly Repayment
40,301

[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.