The Arch - Block 2 (Star Tower)

1 Austin Road West, Tsim Sha Tsui, Kowloon
HKD $ 56MSA 1,131 SF | 4BD | 2BA
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Map
For Sale (HKD $)
56M
Room
4 (1-Ensuite)
Bath.
2
Age (yrs)
20
Gross Area (SF)
1,473
$38,018/SF
Saleable Area (SF)
1,131
$49,514/SF
Efficiency(%)
77%
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Layout / Parking Space

Bedroom
4 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Maid Room
1
Balcony
1

Management / Government Fee

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

Description

Description
  • Looks onto the facilities of the development of The Element and other buildings at a comfortable distance away with a little Harbour view beyond.
Internal Condition
  • Big living and dining room has full height sliding doors leading to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Master bedroom can fit a king-size bed and a wardrobe. Each of the other three bedrooms would suit a twin or double bed and a wardrobe.
  • Fully fitted kitchen comes with gas hob, exhaust hood, microwave, oven, fridge, and washer dryer.
  • Bathrooms have been tastefully designed with marble finishes and tiling.
  • Additional bathroom is attached to the maid's room.
External Area
  • Sit on the balcony for a relaxing drink.

Building

High-rise Apartment, Year built 2006 ( Building age 20 )

Communal Facilities
  • Indoor Swimming Pool
  • Swimming Pool
Clubhouse Facilities
  • Gym
  • Indoor Swimming Pool
Children Facilities
  • Children's Playground
Transportation
  • MTR

Mortgage Calculator

Monthly Repayment
$196,245
Minimum Household Income
$392,490
Mortgage Plan
Expenses
Stamp Duty [1]
2,380,000
Agent Commission [2]
560,000
Sub Total
2,940,000
Deposit
Initial Deposit (5%) [3]
2,800,000
S & P Agreement (5%) [3]
2,800,000
Further Down Payment
11,200,000
Sub Total
16,800,000
Total Cash Outlay
19,740,000

Financing
39,200,000
Total Interest Payable
19,673,500
Total Repayment
58,873,500
Monthly Repayment
196,245

[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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