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The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 18M | HKD $ 36.8K Incl. | SA 651 SF | GA 887 SF | 3BD | 2BA
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Balcony off Living and Dining Room
Living and Dining Room
Living and Dining Room
For Sale (HKD $)
18M
For Rent (HKD $)
36.8K
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
20
Gross Area (SF)
887
$20,293/SF or $41/SF
Saleable Area (SF)
651
$27,650/SF or $57/SF
Efficiency(%)
73%
Property number: 35080 Updated : 2025/08/28
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Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Balcony
1

Description

Description
  • Stunning, boundless sea views to be enjoyed all year round.
Internal Condition
  • Full height sliding door in the rectangular living and dining room opens out to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Large bay windows in the bedrooms bringing in lots of natural light.
  • Master bedroom can fit a queen-size bed and a wardrobe.
  • Other bedrooms can fit single beds and wardrobes or used as a study.
  • Fully fitted kitchen comes with gas hob, exhaust hood, fridge, and washer.
  • Bathrooms have been very well maintained.
External Area
  • Take a break on the living room balcony to enjoy the fresh air and lovely sea view.

Building

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

Building Outlook
Communal Facilities
  • Swimming Pool
Clubhouse Facilities
  • Gym
  • Swimming Pool

Mortgage Calculator

Monthly Repayment
$63,079
Minimum Household Income
$126,158
Mortgage Plan
Expenses
Stamp Duty [1]
675,000
Agent Commission [2]
180,000
Sub Total
855,000
Deposit
Initial Deposit (5%) [3]
900,000
S & P Agreement (5%) [3]
900,000
Further Down Payment
3,600,000
Sub Total
5,400,000
Total Cash Outlay
6,255,000
Financing
12,600,000
Total Interest Payable
6,323,700
Total Repayment
18,923,700
Monthly Repayment
63,079

[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.