The Orchards - Tower 02

3 Greig Road, Quarry Bay, Hong Kong
HKD $ 17.2MSA 752 SF | 3BD | 2BA
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For Sale (HKD $)
17.2M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
23
Gross Area (SF)
967
$17,735/SF
Saleable Area (SF)
752
$22,806/SF
Efficiency(%)
78%
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Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Balcony
1

Management / Government Fee

Management Fee
$3190.00
Government Rate
$4263.00
Government Rent
To be confirmed

Description

Description
  • Open views of the residential buildings.
  • Location is quite close to Tai Koo MTR Station.
Internal Condition
  • Nicely finished wooden flooring and white painted walls and ceilings throughout.
  • Spacious living and dining room is sun flooded with glass doors to the glass balcony.
  • Master bedroom is situated at end of the hallway and can accommodate a queen-size bed and other furniture.
  • Master bathroom with bathtub is well maintained.
  • Second and third bedrooms are of similar size and can fit single beds and other furniture.
  • Kitchen comes all essential appliances including a washer.
  • Well maintained guest bathroom provides a shower cubicle.
External Area
  • Balcony is a cozy spot to relax and have a drink.

Building

High-rise Apartment, Year built 2003 ( Building age 23 )

Mortgage Calculator

Monthly Repayment
$60,100
Minimum Household Income
$120,200
Mortgage Plan
Expenses
Stamp Duty [1]
643,125
Agent Commission [2]
171,500
Sub Total
814,625
Deposit
Initial Deposit (5%) [3]
857,500
S & P Agreement (5%) [3]
857,500
Further Down Payment
3,430,000
Sub Total
5,145,000
Total Cash Outlay
5,959,625

Financing
12,005,000
Total Interest Payable
6,025,000
Total Repayment
18,030,000
Monthly Repayment
60,100

[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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