The Merton - Block 01
38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 10MHKD $ 28K Incl.SA 470 SF | GA 659 SF | 2BD | 1BA
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Balcony
Guest BathroomFor Sale (HKD $)
10MFor Rent (HKD $)
28KRoom
2Bath.
1Age (yrs)
21Gross Area (SF)
659$15,175/SF or $42/SF
Saleable Area (SF)
470$21,277/SF or $60/SF
Efficiency(%)
71%Property number: 34144 Updated : 2026/03/23
Layout / Parking Space
Bedroom
2Bathroom
1Living / Dining Room
CombinedBalcony
1Management / Government Fee
Management Fee
$918Government Rate
To be confirmedGovernment Rent
To be confirmedDescription
Description
- It has main views of the city and a side view of the harbour.
- Out-stretching views from the nearby greenery to the distant harbour.
- Well-positioned windows brighten the living and dining room.
- Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
- Large bay windows in the master bedroom are excellent reading corners.
- The layout of the master bedroom is very efficient for furniture configuration.
- Well-positioned bedrooms receive good natural light.
- The bedrooms are large enough to fit a double-bed and a wardrobe.
- The kitchen is equipped with essential appliances. Very good size with plenty of workbench and cupboard spaces.
- Bathrooms have been well maintained.
- The 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 21 )
Building OutlookCommunal Facilities
- Swimming Pool
Clubhouse Facilities
- Gym
- Swimming Pool
Mortgage Calculator
Monthly Repayment
$35,044
Minimum Household Income
$70,088
Mortgage Plan
Expenses
Stamp Duty [1]
370,000
Agent Commission [2]
100,000
Sub Total
470,000
Deposit
Initial Deposit (5%) [3]
500,000
S & P Agreement (5%) [3]
500,000
Further Down Payment
2,000,000
Sub Total
3,000,000
Total Cash Outlay
3,470,000
Financing
7,000,000
Total Interest Payable
3,513,200
Total Repayment
10,513,200
Monthly Repayment
35,044
[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.