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Property Info


The Merton - Block 01

38 New Praya, Western / Kennedy Town, Hong Kong

Price: HKD 12,000,000 sale with lease
(S) 496 (G) 655 sq.ft. 2-Bed., 1-Bath.
Proway Relocation & Real Estate Services Ltd.

View
View
Balcony off Living and Dining Room
Balcony off Living and Dining Room
Living and Dining Room
Living and Dining Room
Living and Dining Room
Living and Dining Room
Master Bedroom
Master Bedroom
Second Bedroom
Second Bedroom
Kitchen
Kitchen
Guest Bathroom
Guest Bathroom

General Information

Price : HKD 12,000,000 sale with lease
Saleable Area : 496 sq.ft.
Gross Area : 655 sq.ft.
Bedroom(s) : 2
Management Fee : To be confirmed
Government Rate : To be confirmed
Government Rent : To be confirmed
Property# : 113306
Last Updated : 2024-08-21
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window : 20 sq.ft.

Layout

2 Bedroom(s); 1 Bathroom(s); Combined Living and Dining Room; 1 Balcony

View

  • Picturesque views of the sea, the greenery and the city.

Internal Condition

  • Long rectangular living and dining room boasts full height sliding doors opening to the balcony.
  • Efficient layout of the living and dining room allows for an optimal arrangement of furniture.
  • The two bedrooms are of similar size and would fit beds and wardrobes.
  • Kitchen is fitted with sufficient cabinets and necessary appliances, including washer/dryer and fridge.
  • Bathroom is original and well maintained.

Outdoor

  • Sea view balcony can accommodate a small table and chairs.

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  • * 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

The Merton - Block 01 Building Outlook
Building Outlook
Basic Info High-rise Apartment
Year built 2005 (building age 19 years)
Development New World Development Company Limited & Urban Renewal Authority 新世界發展有限公司及市區重建區
Communal Facilities Swimming Pool
Clubhouse Facilities Gym, Swimming Pool

Location Map


About Kennedy Town

Shek Tong Tsui was where it all began some 170 years ago. Sai Wan, Kennedy Town and Sai Ying Pun included, remained an important part of Hong Kong until MTR somehow missed Sai Wan when the railway opened in 1979. Thanks to recent MTR access, the long forgotten sleepy Sai Wan is coming back in a vengeance. As old buildings are redeveloped, new home buyers and tenants are moving in, which attract new and upscale businesses to serve this new and more affluent customer base.

Commercially, higher rentals squeeze out less competitive outmoded businesses, making room for chain stores, specialty stores, and new trendy restaurants and bars. Yet some of the time honoured solid family businesses are thriving due to a more affluent customer base.

In term of property prices, the long suppressed property prices have seen significant capital growth in recent years, and will continue to outperform the market when the gentrification process is in full swing.

Only four MTR stops from Central, Kennedy Town is very convenient for commuters. There are wide variety of shops for daily shopping and entertainment. Compared to other popular housing districts, rental in Kennedy Town still offers higher value for money. This explains why K Town is hugely popular among tenants.

Kennedy Town
Kennedy Town

New Praya Kennedy Town
New Praya Kennedy Town

Forbes Street
Forbes Street

Kennedy Town Station
Kennedy Town Station

Kennedy Town Minibus Terminus
Kennedy Town Minibus Terminus

Smithfield Municipal Services Building
Smithfield Municipal Services Building

The University of Hong Kong
The University of Hong Kong


* 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
Elaine Lam
Client Service Officer
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