The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 14M | SA 651 SF | GA 887 SF | 3BD | 2BA
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Property number: 82857 Updated : 2026/01/02
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Layout / Parking Space

Management / Government Fee

Description

Description
  • Open views of the neighbourhood and have some sea view.
Internal Condition
  • Bright living room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Bedrooms are in rectangular shape with large bay windows for sitting and reading.
  • Master bedroom can accommodate a wardrobe with a queen-size bed.
  • Second and third bedroom can fit a single bed with other furniture.
  • Fully fitted kitchen is equipped with essential appliances.
  • Bathroom has quality sanitary ware and is in good condition.
External Area
  • Balcony off the living and dining room has space to put a tea table and chair.

Building

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

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

Mortgage Calculator

Monthly Repayment
$49,062
Minimum Household Income
$98,124
Mortgage Plan
Expenses
Stamp Duty [1]
525,000
Agent Commission [2]
140,000
Sub Total
665,000
Deposit
Initial Deposit (5%) [3]
700,000
S & P Agreement (5%) [3]
700,000
Further Down Payment
2,800,000
Sub Total
4,200,000
Total Cash Outlay
4,865,000

Financing
9,800,000
Total Interest Payable
4,918,600
Total Repayment
14,718,600
Monthly Repayment
49,062

[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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