The Avenue - Phase 1 - Tower 5

200 Queen's Road East, Wan Chai, Hong Kong
HKD $ 11.5M | SA 497 SF | 1BD | 1BA
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Property number: 138145 Updated : 2025/05/21
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Layout / Parking Space

Description

Description
  • Looks out to the residential buildings at a convenient distance nearby Wan Chai MTR Station.
Internal Condition
  • Nice quality development located in the prime Wan Chai area.
  • Rectangular living and dining room facilitates the arrangement of furniture.
  • Bedroom includes a walk-in closet and an ensuite bathroom completed with marble tiling and quality ceramic fittings.
  • Fully fitted kitchen comes with built-in electric hob, exhaust hood, microwave, fridge, small wine storage, and washer dryer.
External Area
  • Two balconies attaching to the living and dining room as well as the bedroom give the apartment excellent flow of natural light and breeze.

Building

High-rise Apartment, Year built 2014 ( Building age 11 )

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.