The Merton - Block 02

New
38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 12MSA 507 SF | GA 697 SF | 2BD | 1BA
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Property number: 35236 Updated : 2026/01/31
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Layout / Parking Space

Management / Government Fee

Description

Description
  • There are breathtaking views of the sea and the coastline.
Internal Condition
  • Efficient layout allows for an optimal arrangement of furniture.
  • Cream marble flooring for easy cleaning and large windows to receive good natural light.
  • Living and dining room comes sofa, TV with table, shoe cabinet, dining table and chairs.
  • Master bedroom with large bay window and fits with double bed and wardrobe.
  • Second bedroom fits with single bed with desk over the bay window.
  • Kitchen is equipped with all essential appliances and fitted cabinets.
  • Bathroom is very well maintained.
External Area
  • Bright living room has floor-to-ceiling sliding doors opening to the balcony and is great for fresh air.

Building

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

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
$42,053
Minimum Household Income
$84,106
Mortgage Plan
Expenses
Stamp Duty [1]
450,000
Agent Commission [2]
120,000
Sub Total
570,000
Deposit
Initial Deposit (5%) [3]
600,000
S & P Agreement (5%) [3]
600,000
Further Down Payment
2,400,000
Sub Total
3,600,000
Total Cash Outlay
4,170,000

Financing
8,400,000
Total Interest Payable
4,215,900
Total Repayment
12,615,900
Monthly Repayment
42,053

[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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