Village Tower

New
7 Village Road, Happy Valley, Hong Kong
HKD $ 12.9MSA 788 SF | 2BD | 2BA
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For Sale (HKD $)
12.9M
Room
2 (1-Ensuite)
Bath.
2
Age (yrs)
54
Saleable Area (SF)
788
$16,371/SF
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Layout / Parking Space

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

Management / Government Fee

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

Description

Description
  • Picturesque green mountain view from the living and dining room and master bedroom. Neighbourhood view from the second bedroom.
  • Easy access to shops, restaurants and public transportation in the heart of Happy Valley.
Internal Condition
  • Bright and airy living and dining room features patio doors opening to the balcony and high ceiling.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • Master bedroom with large expansive windows and could fit a queen-size bed and includes a wall of built-in wardrobes.
  • Second bedroom can be used for guest or as a study.
  • Fitted kitchen comes with essential appliances and built-in cabinets.
  • Bathroom with a shower unit has been well maintained.
External Area
  • Long balcony off the living and dining is accessed through glass sliding doors, is nice to keep some plants or getting some fresh air.

Building

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

Mortgage Calculator

Monthly Repayment
$45,207
Minimum Household Income
$90,414
Mortgage Plan
Expenses
Stamp Duty [1]
483,750
Agent Commission [2]
129,000
Sub Total
612,750
Deposit
Initial Deposit (5%) [3]
645,000
S & P Agreement (5%) [3]
645,000
Further Down Payment
2,580,000
Sub Total
3,870,000
Total Cash Outlay
4,482,750

Financing
9,030,000
Total Interest Payable
4,532,100
Total Repayment
13,562,100
Monthly Repayment
45,207

[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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