The Hermitage - Tower 7

1 Hoi Wang Road, Tai Kok Tsui, Kowloon
HKD $ 27.8M | SA 1,051 SF | GA 1,326 SF | 3BD | 2BA
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Property number: 105258 Updated : 2025/03/07
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Layout / Parking Space

Description

Description
  • Spectacular views of the city and part of the harbour.
Internal Condition
  • New luxurious apartment with high quality fittings and fixtures.
  • Rectangular-shaped living and dining room has floor-to-ceiling windows to the balcony.
  • Master bedroom includes an ensuite bathroom.
  • Two other bedrooms for study or guest.
  • Fully fitted kitchen is equipped with all essential appliances.
  • Bathrooms look elegant with beige coloured marble.
  • Additional room for storage.
External Area
  • Balcony off the living room offers precious outdoor space.
  • Additional balcony off the kitchen is convenient for drying clothing.

Building

High-rise Apartment, Year built 2010 ( Building age 15 )

Mortgage Calculator

Monthly Repayment
$97,422
Minimum Household Income
$194,844
Mortgage Plan
Expenses
Stamp Duty [1]
1,181,500
Agent Commission [2]
278,000
Sub Total
1,459,500
Deposit
Initial Deposit (5%) [3]
1,390,000
S & P Agreement (5%) [3]
1,390,000
Further Down Payment
5,560,000
Sub Total
8,340,000
Total Cash Outlay
9,799,500

Financing
19,460,000
Total Interest Payable
9,766,600
Total Repayment
29,226,600
Monthly Repayment
97,422

[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.