The Merton - Block 02

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 13.8M | HKD $ 30K Incl. | SA 507 SF | GA 697 SF | 2BD | 1BA
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Property number: 31738 Updated : 2025/12/11
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Layout / Parking Space

Management / Government Fee

Description

Description
  • Open views in the city and a part of the Harbour.
Internal Condition
  • Comfortable living and dining room with sliding doors opening to the balcony and comes with basic furniture.
  • Both bedrooms are fitted with double beds and wardrobes.
  • Fully fitted kitchen is equipped with essential appliances with built in cabinets.
  • Bathroom has been well maintained.
  • Furniture is provided.
External Area
  • Balcony off the living and dining room serves as an ideal area for your pots and plants or a place for some fresh air or relaxation.

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
$48,361
Minimum Household Income
$96,722
Mortgage Plan
Expenses
Stamp Duty [1]
517,500
Agent Commission [2]
138,000
Sub Total
655,500
Deposit
Initial Deposit (5%) [3]
690,000
S & P Agreement (5%) [3]
690,000
Further Down Payment
2,760,000
Sub Total
4,140,000
Total Cash Outlay
4,795,500

Financing
9,660,000
Total Interest Payable
4,848,300
Total Repayment
14,508,300
Monthly Repayment
48,361

[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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