The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 11.3M | SA 496 SF | GA 655 SF | 2BD | 1BA
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Property number: 59208 Updated : 2025/05/21
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Layout / Parking Space

Description

Description
  • Expansive view of the city and a side view of the harbour.
Internal Condition
  • Living and dining room features floor-to-ceiling built-in cabinets and sliding glass doors accessing the balcony.
  • Big master bedroom also comes with floor-to-ceiling built-in wardrobes.
  • Enough space in the second bedroom to put a double bed and a wardrobe.
  • Fully fitted kitchen comes with gas hob, exhaust hood, fridge and washer.
  • Bathroom has been very well maintained.
External Area
  • Get tanned on the private roof terrace on a sunny day.
  • Cozy balcony is a nice place to relax in the evening.

Building

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

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

Mortgage Calculator

Monthly Repayment
$39,530
Minimum Household Income
$79,060
Mortgage Plan
Expenses
Stamp Duty [1]
423,000
Agent Commission [2]
112,800
Sub Total
535,800
Deposit
Initial Deposit (5%) [3]
564,000
S & P Agreement (5%) [3]
564,000
Further Down Payment
2,256,000
Sub Total
3,384,000
Total Cash Outlay
3,919,800

Financing
7,896,000
Total Interest Payable
3,963,000
Total Repayment
11,859,000
Monthly Repayment
39,530

[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.