Village Mansion

11 Village Road, Happy Valley, Hong Kong
HKD $ 10.6MSA 717 SF | 1BD | 1.5BA
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For Sale (HKD $)
10.6M
Room
1 (1-Ensuite)
Bath.
1.5
Age (yrs)
61
Gross Area (SF)
950
$11,158/SF
Saleable Area (SF)
717
$14,784/SF
Efficiency(%)
75%
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Layout / Parking Space

Bedroom
1 (1-Ensuite)
Bathroom
1.5
Living / Dining Room
Combined

Management / Government Fee

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

Description

Description
  • It commands an open view of the surrounding buildings and lush greenery.
Internal Condition
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • The original layout has been modified to give a larger bedroom.
  • The bedroom is fitted with built-in wardrobe and can take a large bed.
  • Fitted kitchen comes with essential appliances and built-in cabinets.
  • Bathroom and powder room have well maintained.
  • Store room provides additional storage.

Building

Mid-rise Apartment, Year built 1965 ( Building age 61 )

Mortgage Calculator

Monthly Repayment
$37,147
Minimum Household Income
$74,294
Mortgage Plan
Expenses
Stamp Duty [1]
397,500
Agent Commission [2]
106,000
Sub Total
503,500
Deposit
Initial Deposit (5%) [3]
530,000
S & P Agreement (5%) [3]
530,000
Further Down Payment
2,120,000
Sub Total
3,180,000
Total Cash Outlay
3,683,500

Financing
7,420,000
Total Interest Payable
3,724,100
Total Repayment
11,144,100
Monthly Repayment
37,147

[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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