The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 13.8M | SA 496 SF | GA 655 SF | 2BD | 1BA
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Property number: 130511 Updated : 2025/08/13
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Layout / Parking Space

Description

Description
  • Hillside views from the living room, and partial sea views from the master bedroom.
Internal Condition
  • Neutral toned tiles in the long living and dining room.
  • Both bedrooms include curtains. Master bedroom includes one wall of built-in wardrobes.
  • A fridge, gas hob cooktop, and washer/dryer are provided in the kitchen.
  • Guest bathroom includes a full bathtub.
External Area
  • Slide open the living room balcony doors to allow for fresh air.
  • Take advantage of the outdoor pool during the hot summer months.

Building

High-rise Apartment, Year built 2005 ( Building age 20 )

Communal Facilities
  • Swimming Pool
Clubhouse Facilities
  • Gym
  • Swimming Pool

Mortgage Calculator

Monthly Repayment
$48,361
Minimum Household Income
$96,722
Mortgage Plan
Expenses
Stamp Duty [1]
517,500
Agent Commission [2]
138,000
Sub Total
655,500
Deposit
Initial Deposit (5%) [3]
690,000
S & P Agreement (5%) [3]
690,000
Further Down Payment
2,760,000
Sub Total
4,140,000
Total Cash Outlay
4,795,500

Financing
9,660,000
Total Interest Payable
4,848,300
Total Repayment
14,508,300
Monthly Repayment
48,361

[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.