The Merton - Block 03

8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 12.3MSA 530 SF | 1BD | 1BA
For Sale (HKD $)
12.3M
Room
1
Bath.
1
Age (yrs)
21
Gross Area (SF)
692
$17,775/SF
Saleable Area (SF)
530
$23,208/SF
Efficiency(%)
77%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
11 s.f.
Request Information

Layout / Parking Space

Bedroom
1
Bathroom
1
Living / Dining Room
Combined
Balcony
1

Management / Government Fee

Management Fee
To be confirmed
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Stunning, boundless sea views to be enjoyed all year round.
Internal Condition
  • Bright living and dining room has full height doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Bedroom comes with dual aspect views and built-in chest of drawer.
  • The fully fitted kitchen comes with gas hob, exhaust hood, fridge, washer and built-in cabinets.
  • Bathroom has been very well maintained.
External Area
  • The 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 21 )

Mortgage Calculator

Monthly Repayment
$43,104
Minimum Household Income
$86,208
Mortgage Plan
Expenses
Stamp Duty [1]
461,250
Agent Commission [2]
123,000
Sub Total
584,250
Deposit
Initial Deposit (5%) [3]
615,000
S & P Agreement (5%) [3]
615,000
Further Down Payment
2,460,000
Sub Total
3,690,000
Total Cash Outlay
4,274,250

Financing
8,610,000
Total Interest Payable
4,321,200
Total Repayment
12,931,200
Monthly Repayment
43,104

[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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