Property Info
Paterson Building - Block A
47 Paterson Street, Causeway Bay, Hong Kong
Price:
HKD
7,980,000
(S)
498
(G)
650
sq.ft.
2-Bed.,
1-Bath.
View
Living and Dining Room
Living and Dining Room
Bedroom
Bedroom
Bedroom
Open Kitchen
Bathroom
General Information
| Price | : HKD 7,980,000 |
|---|---|
| Saleable Area | : 498 sq.ft. |
| Gross Area | : 650 sq.ft. |
| Bedroom(s) | : 2 |
| Management Fee | : To be confirmed |
| Government Rate | : To be confirmed |
| Government Rent | : To be confirmed |
| Property# | : 175949 |
| Last Updated | : 2025-02-20 |
Layout
2 Bedroom(s); 1 Bathroom(s); Combined Living and Dining RoomView
- It looks out to the other buildings at a comfortable distance.
Internal Condition
- Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
- Living and dining room with an open kitchen looks especially spacious and airy without partitioning.
- Sizable bedroom is capable of adopting any creative design and furnishing.
- Fitted open kitchen is equipped with essential appliances and built-in cabinets.
- Bathroom has been well maintained.
Mortgage Calculator
Monthly Repayment *
38,058
Minimum Household Income *
76,116
Mortgage Plan
Expenses
Stamp Duty *
239,400
Agency Commission ***
79,800
Sub Total
319,200
Deposit
Initial Deposit(5%) *
399,000
S & P Agreement(5%) ***
399,000
Further Down Payment ***
0
Sub Total
798,000
Total Cash Outlay
1,117,200
Mortgage Summary
Monthly Instalment
38,058
Financing
7,182,000
Total Interest Payable
1,951,830
Total Repayment
9,133,830
- * Exact Stamp Duty to be determined by Government
- ** Normally 5% of purchase price (Exact % to be negotiated between buyer and seller)
- *** Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
- DISCLAIMER: The calculated value is based on assumptions and provides an approximate result for your reference only.
Building Information
Building Outlook
Main Entrance
| Basic Info | High-rise Apartment |
|---|---|
| Year built | 1960 (building age 65 years) |
Location Map
About Causeway Bay
Strategically located at the mid point of Hong Kong Island, Causeway Bay is famous for being major shopping district of the island. It covers a densely built up area East of Canal Road, North of Happy Valley, and includes the Victoria Park, Tai Hang and Tin Hau West of North Point.
Due to the high affluent pedestrian flow, retail establishments are fighting to get their foothold in this golden shopping district. Sogo, Times Square and Hysan Place are some of the notable retail landmarks in the district. There are Grade A office buildings, such as Times Square, Windsor House, and a cluster of buildings within the Hysan’s Porfolio, including Lee Garden, Hysan Place, etc.
Situated in a strategic location, Causeway Bay has been a heavily built-up area since early days. Earlier developments include standalone residential buildings with retail shops on the Ground Level. There are also larger scale developments along Paterson Street and Kingston Street. Due to the high value retail shops, it may not be commercial feasible to acquire retail spaces for redevelopment. Certain parts of area along Yan Ping Road remain underdeveloped due to the restrictive covenant in the land leases. As a result, with the exception of Park Haven, The Warren, Warrenwoods, and yoo Residences, there is a lack of new residential projects in Causeway Bay.
Due to the high affluent pedestrian flow, retail establishments are fighting to get their foothold in this golden shopping district. Sogo, Times Square and Hysan Place are some of the notable retail landmarks in the district. There are Grade A office buildings, such as Times Square, Windsor House, and a cluster of buildings within the Hysan’s Porfolio, including Lee Garden, Hysan Place, etc.
Situated in a strategic location, Causeway Bay has been a heavily built-up area since early days. Earlier developments include standalone residential buildings with retail shops on the Ground Level. There are also larger scale developments along Paterson Street and Kingston Street. Due to the high value retail shops, it may not be commercial feasible to acquire retail spaces for redevelopment. Certain parts of area along Yan Ping Road remain underdeveloped due to the restrictive covenant in the land leases. As a result, with the exception of Park Haven, The Warren, Warrenwoods, and yoo Residences, there is a lack of new residential projects in Causeway Bay.
Royal Hong Kong Yacht Club Shelter Cove Clubhouse
Hong Kong Central Library
L'hotel Causeway Bay Harbour View
Queen's College
Tai Hang
Tin Hau MTR
Victoria Park
* Rental Incl.: Rental Inclusive (including management fee and government rate)
The above rental or sale information is provided by the hong kong property agency Proway Relocation & Real Estate Services Ltd or its sister companies, a premier real estate agency specializing in realty, residential property for rent and sale in Hong Kong. Looking to rent a flat, buy a flat or list property? Please call us at +852 28660130.
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Elaine Lam
Client Service Officer
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