The Merton - Block 02

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 11M | SA 488 SF | GA 666 SF | 1BD | 1BA
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Property number: 139500 Updated : 2025/10/15
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Layout / Parking Space

Description

Description
  • Excellent sea view and cosmopolitan view from a high level of a modern building.
Internal Condition
  • A clean and bright looking apartment with white floor tiles, white paint and chandeliers.
  • Bright living and dining room benefiting from the balcony glass sliding doors.
  • The spacious bedroom has been converted from two bedrooms into one.
  • The bedroom is fitted with double bed base together with full height built-in wardrobes
  • White kitchen with essential appliances, like range hood, stove and washing machine.
  • Bathroom with bathtub is well maintained.
External Area
  • Reach out for a spectacular sea view stepping out onto the balcony from your living room.

Building

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

Communal Facilities
  • Children's Pool
  • Swimming Pool
Clubhouse Facilities
  • Gym
  • Sauna
  • Swimming Pool
Children Facilities
  • Children's Playground
Arts & Entertainment
  • Bar / Lounge
  • Function Rooms
  • Reading Room

Mortgage Calculator

Monthly Repayment
$38,549
Minimum Household Income
$77,098
Mortgage Plan
Expenses
Stamp Duty [1]
412,500
Agent Commission [2]
110,000
Sub Total
522,500
Deposit
Initial Deposit (5%) [3]
550,000
S & P Agreement (5%) [3]
550,000
Further Down Payment
2,200,000
Sub Total
3,300,000
Total Cash Outlay
3,822,500

Financing
7,700,000
Total Interest Payable
3,864,700
Total Repayment
11,564,700
Monthly Repayment
38,549

[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.