The Merton - Block 01

New
38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 12.8MSA 470 SF | GA 659 SF | 1BD | 1BA
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Property number: 59214 Updated : 2026/03/30
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Layout / Parking Space

Management / Government Fee

Description

Description
  • Wonderful open views from a high level overlooking the city, the sea and the mountain.
Internal Condition
  • Brand new apartment renovated to a neutral style with some furniture provided.
  • Full height glass door of the balcony brighten the living and dining room.
  • Enlarged master bedroom includes a walk-in closet, study desk with chair and cabinet. There is enough space to accommodate a queen-size bed in the room.
  • Master bathroom is original but in good condition.
  • Open kitchen next to the flat entrance is equipped with essential appliances, including western oven and big fridge.
External Area
  • Put out a table and two chairs on the balcony and have a drink.

Building

High-rise Apartment, Year built 2005 ( Building age 21 )

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

Mortgage Calculator

Monthly Repayment
$44,856
Minimum Household Income
$89,712
Mortgage Plan
Expenses
Stamp Duty [1]
480,000
Agent Commission [2]
128,000
Sub Total
608,000
Deposit
Initial Deposit (5%) [3]
640,000
S & P Agreement (5%) [3]
640,000
Further Down Payment
2,560,000
Sub Total
3,840,000
Total Cash Outlay
4,448,000

Financing
8,960,000
Total Interest Payable
4,496,800
Total Repayment
13,456,800
Monthly Repayment
44,856

[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.

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