The Merton - Block 03

8 Davis Street, Western / Kennedy Town, Hong Kong
HKD $ 11M | SA 482 SF | GA 629 SF | 1BD | 1BA
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Property number: 72493 Updated : 2025/10/15
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Layout / Parking Space

Description

Description
  • Sea views from floor-to-ceiling windows sweep across the living and dining room.
Internal Condition
  • Floor-to-ceiling doors opening to a good-sized balcony.
  • The original layout has been modified to give one bedroom.
  • New built-in cabinet is added in the living area.
  • Dark wood flooring is of good quality.
  • Fully fitted kitchen comes with gas hob, exhaust hood, built-in microwave, built-in fridge, and washer & dryer.
  • Bathroom has been newly renovated and tastefully designed with modern tiling, wall finishes, fixtures and cabinets.
External Area
  • The nicely tiled balcony offers a partial harbour view.

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.