Village Tower

7 Village Road, Happy Valley, Hong Kong
HKD $ 10.5MSA 545 SF | 1BD | 1BA
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For Sale (HKD $)
10.5M
Room
1 (1-Ensuite)
Bath.
1
Age (yrs)
54
Gross Area (SF)
720
$14,583/SF
Saleable Area (SF)
545
$19,266/SF
Efficiency(%)
76%
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Layout / Parking Space

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

Management / Government Fee

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

Description

Description
  • It looks out to the surrounding buildings and streets.
Internal Condition
  • Tastefully designed apartment with wonderful wooden fixtures, furniture and built-in storage solutions.
  • Living and dining room is extended with an open plan kitchen and a walk-out balcony through the floor-to-ceiling windows.
  • Master bedroom can fit queen size bed and comes with dual aspects view and built in wardrobes, dressing table and an ensuite bathroom.
  • Second bedroom can fit a single bed or used as a study.
  • Fully fitted open kitchen comes with gas hob, exhaust hood, built-in oven and fridge. The custom breakfast bar table is great for casual dining.
  • Nice bathrooms are well maintained.

Building

High-rise Apartment, Year built 1972 ( Building age 54 )

Mortgage Calculator

Monthly Repayment
$36,796
Minimum Household Income
$73,592
Mortgage Plan
Expenses
Stamp Duty [1]
393,750
Agent Commission [2]
105,000
Sub Total
498,750
Deposit
Initial Deposit (5%) [3]
525,000
S & P Agreement (5%) [3]
525,000
Further Down Payment
2,100,000
Sub Total
3,150,000
Total Cash Outlay
3,648,750

Financing
7,350,000
Total Interest Payable
3,688,800
Total Repayment
11,038,800
Monthly Repayment
36,796

[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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