The Merton - Block 03

New
8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 11M | SA 530 SF | GA 692 SF | 1BD | 1BA
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Property number: 169116 Updated : 2025/10/15
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Layout / Parking Space

Description

Description
  • Views of the surrounding buildings with a glimpse of the Harbour.
Internal Condition
  • Light tile flooring and white painted walls and ceilings throughout the flat complement the large windows to provide a bright environment.
  • Living and dining room is a sensible rectangular shape with extension to the balcony.
  • Master bedroom can fit a double bed with study area and built-in cabinets.
  • Second bedroom allows for a single bed with built-in cabinets.
  • Fully fitted kitchen is equipped with gas stove, microwave, fridge and washer.
  • Guest bathroom is in good condition with a bathtub and vanity above cabinetry.
External Area
  • Access to the balcony through the wall-to-wall sliding glass doors.

Building

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

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.