Shuk Yuen Building

2 Green Lane, Happy Valley, Hong Kong
HKD $ 30M | HKD $ 65K Incl. | SA 1,564 SF | GA 2,000 SF | 3BD | 2BA
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Property number: 38589 Updated : 2025/01/17
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Description

Description
  • A colonial low-rise building ideally located in a quiet area of Happy Valley, though very close to the convenient stores and bus going to Causeway Bay and Central.
  • Quiet views onto Shuk Yuen Building neigbourhoods with greenery in the background.
Internal Condition
  • This efficient apartment allows multiple furniture configurations.
  • Long rectangular-shaped living and dining room is extended with a large balcony.
  • Master and second bedrooms are very comfortable and include built-in wardrobes.
  • Third bedroom with two-aspect views can be used as a guest or study room.
  • Kitchen has been refreshed but is not equipped. Appliances can be negotiated upon offer.
  • Good-sized ensuite and guest bathrooms have been upgraded.
  • Generous maid's quarters includes built-in storage, toilet and shower.
External Area
  • Large balcony can easily fit a set of a small table and two chairs.

Building

Mid-rise Apartment, Year built 1959 ( Building age 66 )

Transportation
  • Bus
  • Mini-bus

Mortgage Calculator

Monthly Repayment
$105,131
Minimum Household Income
$210,262
Mortgage Plan
Expenses
Stamp Duty [1]
1,275,000
Agent Commission [2]
300,000
Sub Total
1,575,000
Deposit
Initial Deposit (5%) [3]
1,500,000
S & P Agreement (5%) [3]
1,500,000
Further Down Payment
6,000,000
Sub Total
9,000,000
Total Cash Outlay
10,575,000

Financing
21,000,000
Total Interest Payable
10,539,300
Total Repayment
31,539,300
Monthly Repayment
105,131

[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.