The Merton - Block 03

8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 12M | SA 530 SF | GA 692 SF | 1BD | 1BA
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Property number: 31361 Updated : 2025/05/28
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Layout / Parking Space

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 20 )

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.