The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 11.6MSA 470 SF | 2BD | 1BA
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For Sale (HKD $)
11.6M
Room
2
Bath.
1
Age (yrs)
21
Gross Area (SF)
659
$17,587/SF
Saleable Area (SF)
470
$24,660/SF
Efficiency(%)
71%
Request Information

Layout / Parking Space

Bedroom
2
Bathroom
1
Living / Dining Room
Combined
Balcony
1

Management / Government Fee

Management Fee
To be confirmed
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • The views extend from the nearby greenery and buildings towards the sea.
Internal Condition
  • Long living and dining room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room comes with living and dining suites.
  • Two good-size bedrooms are fitted with large bed and a wardrobe.
  • Fitted kitchen is equipped with gas hob, fridge and washer and fitted with cabinets.
  • Guest bathroom features bathtub.
External Area
  • Balcony off the living and dining room offers a green view to relax.

Building

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

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

Mortgage Calculator

Monthly Repayment
$40,616
Minimum Household Income
$81,232
Mortgage Plan
Expenses
Stamp Duty [1]
434,625
Agent Commission [2]
115,900
Sub Total
550,525
Deposit
Initial Deposit (5%) [3]
579,500
S & P Agreement (5%) [3]
579,500
Further Down Payment
2,318,000
Sub Total
3,477,000
Total Cash Outlay
4,027,525

Financing
8,113,000
Total Interest Payable
4,071,800
Total Repayment
12,184,800
Monthly Repayment
40,616

[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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