Shiu Fai Terrace, 8

8 Shiu Fai Terrace, Mid-levels East, Hong Kong
HKD $ 73MSA 2,373 SF | 4BD | 4.5BA
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For Sale (HKD $)
73M
Room
4 (4-Ensuite)
Bath.
4.5
Age (yrs)
22
Gross Area (SF)
3,074
$23,748/SF
Saleable Area (SF)
2,373
$30,763/SF
Efficiency(%)
77%
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Layout / Parking Space

Bedroom
4 (4-Ensuite)
Bathroom
4.5
Living / Dining Room
Combined
Maid Room
1
Study Room
1
Balcony
1
Utility Room
1
Carpark
1 covered

Management / Government Fee

Management Fee
$5000.00
Government Rate
$8000.00
Government Rent
To be confirmed

Description

Description
  • Relax in your living room to enjoy the plush green view.
  • Mini-bus stop outside the front of the apartment building.
Internal Condition
  • Rich dark wooden flooring throughout the flat.
  • Full length windows on both sides of the living and dining room bring in great natural light.
  • Every bedroom includes an ensuite bathroom.
  • Master bathroom has a separate shower and bathtub and dual basins.
  • Three further bedrooms with ensuite bathrooms providing shower over bath.
  • Master bedroom comprises a walk-in closet, and other rooms benefit from built-in wardrobes.
  • Study room features dark-coloured wall and one wall of built-in storage with study desk.
  • Top-end kitchen appliances include a two-in-one washer/dryer, oven, built-in microwave, four-hob gas cooktop, and dishwasher. Plenty of countertop space and a double sink makes the kitchen perfect for the chef at heart.
  • Additional powder room for your guests, and separate bathroom attached to the maids room.
  • Helper's quarters with bathroom and utility room are located on the back of the kitchen.
External Area
  • Open your balcony doors to bring fresh air into the living and dining room.

Building

Mid-rise Apartment, Year built 2004 ( Building age 22 )

TV & Air con
  • Cable TV
Communal Facilities
  • Outdoor Swimming Pool
  • Podium Garden
Clubhouse Facilities
  • Gym
  • Swimming Pool
  • Table Tennis
Transportation
  • Mini-bus

Mortgage Calculator

Monthly Repayment
$255,819
Minimum Household Income
$511,638
Mortgage Plan
Expenses
Stamp Duty [1]
3,102,500
Agent Commission [2]
730,000
Sub Total
3,832,500
Deposit
Initial Deposit (5%) [3]
3,650,000
S & P Agreement (5%) [3]
3,650,000
Further Down Payment
14,600,000
Sub Total
21,900,000
Total Cash Outlay
25,732,500

Financing
51,100,000
Total Interest Payable
25,645,700
Total Repayment
76,745,700
Monthly Repayment
255,819

[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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