The Summit

New
41C Stubbs Road, Mid-levels East, Hong Kong
HKD $ 126.4MSA 2,390 SF | 4BD | 2.5BA
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For Sale (HKD $)
126.4M
Room
4 (1-Ensuite)
Bath.
2.5
Age (yrs)
24
Gross Area (SF)
3,007
$42,046/SF
Saleable Area (SF)
2,390
$52,900/SF
Efficiency(%)
79%
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Layout / Parking Space

Bedroom
4 (1-Ensuite)
Bathroom
2.5
Living / Dining Room
Combined
Maid Room
1
Carpark
1 covered

Management / Government Fee

Management Fee
$13500.00
Government Rate
$18000.00
Government Rent
To be confirmed

Description

Description
  • Luxurious duplex overlooking the racecourse, the city skyline and Victoria Harbour.
Internal Condition
  • Floor-to-ceiling windows give wonderful exposure throughout this gem.
  • Extraordinary high ceiling makes the living and dining room especially light and airy.
  • Deluxe master bedroom comprises a walk-in closet as well as built-in wardrobes, and there are both bathtub and standing shower in its luxury ensuite bathroom.
  • Second bedroom is also spacious and comes with floor-to-ceiling built-in wardrobes.
  • Third and fourth bedrooms are about the same size and could fit queen beds or be used for study.
  • Western kitchen has plenty of wooden cabinets and essential appliances including a built-in oven.
  • Guest bathroom and powder room have the same standard of fittings.
  • Good-sized maid's quarters.

Building

High-rise Apartment, Year built 2002 ( Building age 24 )

TV & Air con
  • Satellite TV
Communal Facilities
  • Barbecue Area
Clubhouse Facilities
  • Barbeque Area
  • Golf Simulator
  • Gym
  • Indoor Swimming Pool
  • Jacuzzi
Children Facilities
  • Indoor Play Area
Transportation
  • Bus
  • Mini-bus

Mortgage Calculator

Monthly Repayment
$443,064
Minimum Household Income
$886,128
Mortgage Plan
Expenses
Stamp Duty [1]
8,218,080
Agent Commission [2]
1,264,320
Sub Total
9,482,400
Deposit
Initial Deposit (5%) [3]
6,321,600
S & P Agreement (5%) [3]
6,321,600
Further Down Payment
25,286,400
Sub Total
37,929,600
Total Cash Outlay
47,412,000

Financing
88,502,400
Total Interest Payable
44,416,800
Total Repayment
132,919,200
Monthly Repayment
443,064

[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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