The Avenue - Phase 1 - Tower 5

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200 Queen's Road East, Wan Chai, Hong Kong
HKD $ 12.5M | SA 497 SF | 1BD | 1BA
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Property number: 138145 Updated : 2025/06/30
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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
$43,805
Minimum Household Income
$87,610
Mortgage Plan
Expenses
Stamp Duty [1]
468,750
Agent Commission [2]
125,000
Sub Total
593,750
Deposit
Initial Deposit (5%) [3]
625,000
S & P Agreement (5%) [3]
625,000
Further Down Payment
2,500,000
Sub Total
3,750,000
Total Cash Outlay
4,343,750

Financing
8,750,000
Total Interest Payable
4,391,500
Total Repayment
13,141,500
Monthly Repayment
43,805

[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.