King Kwong Street, 28-30

Sole Agent
28-30 King Kwong Street, Happy Valley, Hong Kong
HKD $ 8.7MSA 675 SF | 3BD | 2BA
For Sale (HKD $)
8.7M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
61
Gross Area (SF)
850
$10,224/SF
Saleable Area (SF)
675
$12,874/SF
Efficiency(%)
79%
Agent Information
Thierry Keung
Licence No.: S-068925
Senior Manager
Thierry Keung
Request Information

Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Kitchen
Open

Management / Government Fee

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

Description

Description
  • Great central location in Happy Valley with walking distance to local shops, bars, restaurants, bank, post office and Fusion by Park n Shop supermarket.
  • Happy Valley tram terminus and local bus/mini bus offer many routes across Hong Kong Island and Kowloon side.
Internal Condition
  • Lovely three bedroom apartment renovated to a high standard within a walk up building.
  • Light wooden floors with white walls and split inverter Daikin A/C units throughout.
  • Living and dining room with efficient layout for any furniture arrangement.
  • Master bedroom with built-in wardrobe and room to fit a queen-size bed and small desk/dressing table; leading to an ensuite bathroom with walk-in shower, heated towel rail and mirror medicine cabinet.
  • Second bedroom with built-in wardrobe has room to fit a double bed and chest of drawers.
  • Third bedroom with built-in wardrobe can be used as a baby room/study.
  • Fully equipped open kitchen with three-ring gas hob, range hood, built-in oven, integrated fridge freezer, slim dishwasher and concealed washer and dryer
  • Guest bathroom with shower over bath tub, heated towel rail and mirror medicine cabinet.
  • ** All furniture and soft furnishings are staged for reference only, with the landlord's consent.**

Building

Walk-up Tenement Building, Year built 1965 ( Building age 61 )

Mortgage Calculator

Monthly Repayment
$30,453
Minimum Household Income
$60,906
Mortgage Plan
Expenses
Stamp Duty [1]
260,700
Agent Commission [2]
86,900
Sub Total
347,600
Deposit
Initial Deposit (5%) [3]
434,500
S & P Agreement (5%) [3]
434,500
Further Down Payment
1,738,000
Sub Total
2,607,000
Total Cash Outlay
2,954,600

Financing
6,083,000
Total Interest Payable
3,052,900
Total Repayment
9,135,900
Monthly Repayment
30,453

[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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