Tung Yuen Building

7 Chancery Lane, Central, Hong Kong
HKD $ 10M | SA 320 SF | GA 500 SF | Studio | 1BA
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Property number: 81285 Updated : 2025/05/28
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Layout / Parking Space

Description

Description
  • It looks out to the surrounding buildings and streets.
  • It looks over Tai Kwun - Centre for Heritage and Arts.
Internal Condition
  • A charming traditional low-rise furnished studio apartment with roof terrace.
  • Big windows capture lots of natural light bringing into the apartment.
  • Good-size studio with living, dining, and sleeping areas perfectly appointed for a bachelor.
  • Fitted open kitchen with essential appliances and built-in cabinets.
  • Bathroom is modern and features a rain shower.
External Area
  • An outdoor living suite with dining set are already placed on the private roof terrace to serve an alfresco dinner anytime.

Building

Low-rise Apartment, Year built 1976 ( Building age 49 )

Mortgage Calculator

Monthly Repayment
$35,044
Minimum Household Income
$70,088
Mortgage Plan
Expenses
Stamp Duty [1]
370,000
Agent Commission [2]
100,000
Sub Total
470,000
Deposit
Initial Deposit (5%) [3]
500,000
S & P Agreement (5%) [3]
500,000
Further Down Payment
2,000,000
Sub Total
3,000,000
Total Cash Outlay
3,470,000

Financing
7,000,000
Total Interest Payable
3,513,200
Total Repayment
10,513,200
Monthly Repayment
35,044

[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.