The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 13.2M | SA 663 SF | GA 886 SF | 2BD | 2BA
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Property number: 163736 Updated : 2025/07/16
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Description

Description
  • There are breathtaking views of the sea and the coastline.
  • Large windows capture picturesque views of the sea, the greenery and the city.
  • Stunning, boundless sea views to be enjoyed all year round.
Internal Condition
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Well-positioned windows brighten the living and dining room.
  • Large bay windows in the bedrooms receive good natural light and are excellent reading corners.
  • The layout of the master bedroom is very efficient for furniture configuration.
  • Each bedroom has an efficient layout for bed and wardrobe.
  • Fully fitted kitchen is equipped with essential appliances.
  • Bathrooms have been very well maintained.
External Area
  • The small balcony off the living room would be a cozy and airy outdoor area for a tea break.

Building

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

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

Mortgage Calculator

Monthly Repayment
$46,258
Minimum Household Income
$92,516
Mortgage Plan
Expenses
Stamp Duty [1]
495,000
Agent Commission [2]
132,000
Sub Total
627,000
Deposit
Initial Deposit (5%) [3]
660,000
S & P Agreement (5%) [3]
660,000
Further Down Payment
2,640,000
Sub Total
3,960,000
Total Cash Outlay
4,587,000

Financing
9,240,000
Total Interest Payable
4,637,400
Total Repayment
13,877,400
Monthly Repayment
46,258

[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.