The Merton - Block 02

38 New Praya, Western / Kennedy Town, Hong Kong
HKD $ 12.5M | SA 470 SF | GA 638 SF | 2BD | 1BA
Expand
Photos
Map
Property number: 57759 Updated : 2025/10/15
Request Information

Layout / Parking Space

Description

Description
  • There is a glimpse of the harbour in between the buildings.
Internal Condition
  • Efficient layout of the living and dining room allows for an optimal configuration of furniture.
  • The layout of the master bedroom is very efficient for furniture configuration.
  • Second bedroom can fit a single bed or used as a study or guest room.
  • The kitchen is equipped with all essential appliances and built in cabinets.
  • Bathroom has been very well maintained.
External Area
  • The small balcony off the living room would be a cozy and airy outdoor area for a tea break.

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
$43,805
Minimum Household Income
$87,610
Mortgage Plan
Expenses
Stamp Duty [1]
468,750
Agent Commission [2]
125,000
Sub Total
593,750
Deposit
Initial Deposit (5%) [3]
625,000
S & P Agreement (5%) [3]
625,000
Further Down Payment
2,500,000
Sub Total
3,750,000
Total Cash Outlay
4,343,750

Financing
8,750,000
Total Interest Payable
4,391,500
Total Repayment
13,141,500
Monthly Repayment
43,805

[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.