Race View Apartments

31-35 Wong Nai Chung Road, Happy Valley, Hong Kong
HKD $ 14.8M | SA 1,079 SF | GA 1,340 SF | 4BD | 0BA
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Property number: 175392 Updated : 2025/10/16
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Layout / Parking Space

Management / Government Fee

Description

Description
  • The windows capture partial views of the racecourse, the buildings and the greenery in Happy Valley.
Internal Condition
  • Spacious living and dining room has great potential for any imaginative decorations.
  • The layout of the master bedroom is very efficient for furniture configuration.
  • The bedrooms are large enough to fit a queen-size bed and a wardrobe.
  • Humble kitchen with basic fittings requires updating to new owner`s needs
  • Bathrooms with earlier style fittings are yet kept in very good conditions. It is spacious therefore you can renovate on your own taste.
  • The flat now requires updating but offers fabulous sized rooms and wonderful views.
External Area
  • The small private balcony from the living room would be a cozy and airy outdoor area for a tea break.

Building

Mid-rise Apartment, Year built 1958 ( Building age 67 )

TV & Air con
  • Cable TV
Transportation
  • Bus
  • Mini-bus
  • Tram
Shopping
  • Convenient Store
  • Grocery Store
  • Laundry
  • Shopping Arcade

Mortgage Calculator

Monthly Repayment
$51,865
Minimum Household Income
$103,730
Mortgage Plan
Expenses
Stamp Duty [1]
555,000
Agent Commission [2]
148,000
Sub Total
703,000
Deposit
Initial Deposit (5%) [3]
740,000
S & P Agreement (5%) [3]
740,000
Further Down Payment
2,960,000
Sub Total
4,440,000
Total Cash Outlay
5,143,000

Financing
10,360,000
Total Interest Payable
5,199,500
Total Repayment
15,559,500
Monthly Repayment
51,865

[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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