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Property Info


New Fortune House

4-8 North Street, Western / Kennedy Town, Hong Kong

Price: HKD 13,000,000 sale with lease
(S) 495 (G) 601 sq.ft. 1-Bed., 1-Bath.
Proway Relocation & Real Estate Services Ltd.

Private Terrace
Private Terrace
Private Terrace
Private Terrace
Living and Dining Room
Living and Dining Room
Living and Dining Room
Living and Dining Room
Living and Dining Room
Living and Dining Room
Living and Dining Room
Living and Dining Room
Bedroom
Bedroom
Bedroom
Bedroom
Ensuite Bathroom
Ensuite Bathroom
Open Kitchen
Open Kitchen

General Information

Price : HKD 13,000,000 sale with lease
Saleable Area : 495 sq.ft.
Gross Area : 601 sq.ft.
Bedroom(s) : 1 (1-Ensuite)
Management Fee : HK$ 1,000 per month
Government Rate : HK$ 3,000 per quarter
Government Rent : To be confirmed
Property# : 146863
Last Updated : 2024-03-07
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Terrace : 584 sq.ft.

Layout

1 Bedroom(s) (1-Ensuite); 1 Bathroom(s); Combined Living and Dining Room; 1 Terrace

View

  • Enjoy the outdoor space of your private terrace visually from inside of the home.

Internal Condition

  • Bright living room has full height bi-folding doors opening to the private terrace.
  • Spacious living and dining room connecting to the open kitchen has great potential for any imaginative decorations.
  • Bedroom is huge for any desired furniture arrangement.
  • The open kitchen is equipped with essential appliances.
  • Bathroom has been well maintained.

Outdoor

  • Planning and styling the private terrace so that it matches the character of the home and its surroundings.
  • The inside living space benefits from the view of the private terrace outside.

Mortgage Calculator

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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

Basic Info Mid-rise Apartment
Year built 1973 (building age 51 years)

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.

Enquiry
Elaine Lam
Elaine Lam
Client Service Officer
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