Kwun Tong, 18 Hang On Street

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Urban Renewal

Complete on 2024(Occupied)

5 pricelists

for sale | 156 unites | for sale 40 |sold 113

discounted unit price

14,929 - 20,267

sold unit price

13,165 - 18,421

Bal Residence provides 156 units. Each floor provides 7 units and with two lifts. The salable area ranges from 300 to 793 sq.ft including one-bedroom, two-bedroom and three-bedroom suites. The project mainly focuses on one-bedroom units, accounting for more than 90% of the total, and the remains are two-bedroom and three-bedroom units.

max. discount rate 11.75%

discount rate

120 Days Cash Payment Plan (6% discount from the price)

5% of purchase price shall be paid by the Purchaser upon signing of PASP

5% of purchase price shall be paid by the Purchaser within 30 days after signing of PASP

90% of purchase price shall be paid by the Purchaser within 120 days after signing of PASP

Stage Payment Plan (3% discount from the price)

5% of purchase price shall be paid by the Purchaser upon signing of PASP

5% of purchase price shall be paid by the Purchaser within 90 days after signing of PASP

90% of purchase price shall be paid by the Purchaser within 14 days after the date on which the Vendor issues notice to complete

Ad Valorem Stamp Duty (3.75% discount from the price)

An extra 3.75% discount (fixed) would be offered on the Price for purchase of residential property set out in this price list as "Ad Valorem Stamp Duty" Benefit

Kwun Tong BAL BAL Benefit (1% discount from the price)

An extra 1% discount would be offered on the Price for purchase of residential property in this price list as Kwun Tong BAL BAL Benefit.

Price Discount for LS Club Member (1% discount from the price)

If the Purchaser is a LS Club member, the Purchaser will be offered an extra 1% discount on the Price as Price Discount for LS Club Member.

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	Date	Area	Dis. Price
lowest price unit for sale Bal Residence 11/F Unit F	--	349ft²	$5.21M
highest price unit for sale Bal Residence 28/F Unit C	--	489ft²	$9.322M
Pricelist No.5A - 20 units	2025-04-14	338 - 489 ft²	$6.06M - $9.322M
Pricelist No.4D - 16 units	2025-04-14	338 - 349 ft²	$5.444M - $6.248M
Pricelist No.1K - 56 units	2025-04-14	338 - 349 ft²	$4.891M - $6.787M
Pricelist No.3C - 35 units	2025-02-05	300 - 349 ft²	$4.689M - $5.921M
Pricelist No.2E - 27 units	2025-02-05	338 - 489 ft²	$4.853M - $8.541M

Bal Residence Floorplan Pricelist Updated date: 2023-02-24

23 units

300 ft² - 381 ft²

for sale 3 sold 20

6.68M - 7.72M

for sale

22 units

307 ft² - 345 ft²

for sale 8 sold 14

5.67M - 6.6M

for sale

23 units

303 ft² - 793 ft²

for sale 7 sold 15

5.77M - 9.32M

for sale

20 units

304 ft² - 341 ft²

for sale 3 sold 17

5.96M - 6.23M

for sale

23 units

302 ft² - 792 ft²

for sale 5 sold 17

5.9M - 9.32M

for sale

22 units

311 ft² - 349 ft²

for sale 10 sold 12

5.21M - 6.53M

for sale

23 units

302 ft² - 381 ft²

for sale 4 sold 19

5.77M - 7.4M

for sale

1 Month

6 Months

1 Year

ALL

Bal Residence Overall

Bal Residence Bal Residence 29/f

Bal Residence Bal Residence 27/f To 28/f

Bal Residence Bal Residence 5/f To 26/f

Bal Residence Bal Residence 3/f

Bal Residence Carpark

Sample unit address	Shop in Ground floor, 6 Shung Shun Stree
Developer	Urban Renewal
Completion Year	about 2024
Area Information	Including one-bedroom, two-bedroom and three-bedroom suites and he salable area ranges from 300 to 793 sq.ft.
Company Mangement	Kolot Property Services Limited
Carpark	Resident car park:7
Units	156 Unites
Blocks	1 residential building
Website	Press to open (New Development Website)
Sales Agreement	Press to open (2025-03-28)

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Price

Years

Interest

Ratio

Estimated repayments
Monthly Repayment	$13,179
Initial payment	$2,080,000
Loan amount	$3,130,000
Total interest	$1,620,000

Estimated upfront cost
Stamp Duty	$117,225
Lawyer fee	$30,525
Agent fee	$52,100
Total	$199,850

*Use Price $5,210,280 / Interest 3% / 30 Years / Ratio 60% to Calculate

Note:
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The information is for reference only.
For information on property developments, users should refer to official information and materials released by the respective property developers.