The Summit

New
41C Stubbs Road, Mid-levels East, Hong Kong
HKD $ 123.5MSA 2,375 SF | 4BD | 2.5BA
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Map
For Sale (HKD $)
123.5M
Room
4 (1-Ensuite)
Bath.
2.5
Age (yrs)
24
Gross Area (SF)
3,272
$37,738/SF
Saleable Area (SF)
2,375
$51,991/SF
Efficiency(%)
73%
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Layout / Parking Space

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

Management / Government Fee

Management Fee
$13100.00
Government Rate
$13230.00
Government Rent
To be confirmed

Description

Description
  • This impressive apartment in a prestigious residential skyscraper boasts panoramic views extending from the closeby Happy Valley Race Course to the Victoria Harbour.
Internal Condition
  • Entrance hall leads into the living and dining room, showcasing extraordinary high ceiling, stunning floor-to-ceiling windows, tasteful light fixture, and elegant internal wooden staircase.
  • Minimal window frames give the greatest exposure to the views and natural light.
  • Built-in wooden wardrobes in the bedrooms rise to the ceiling height.
  • Master suite comprises a walk-in closet in addition to the wall-to-wall built-in storage, with space to install a TV.
  • Deluxe master bathroom features dual basins, luxury marble details, a comfy bathtub with a green view, and a spacious glass shower.
  • Second bedroom next to the master bedroom can be used as a study or office.
  • Third bedroom and fourth bedroom on the lower floor can comfortably accommodate queen-size beds and include built-in wardrobes.
  • Family kitchen is equipped with all essential appliances including built-in microwave, oven, fridge, wine cooler and dishwasher.
  • Guest bathroom and powder room are complete with the same marble details as in the master bathroom and are in good condition.
  • Maid's quarters with bathroom and the utility room with washer and dryer are located on the upper floor.

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
$432,712
Minimum Household Income
$865,424
Mortgage Plan
Expenses
Stamp Duty [1]
8,026,070
Agent Commission [2]
1,234,780
Sub Total
9,260,850
Deposit
Initial Deposit (5%) [3]
6,173,900
S & P Agreement (5%) [3]
6,173,900
Further Down Payment
24,695,600
Sub Total
37,043,400
Total Cash Outlay
46,304,250

Financing
86,434,600
Total Interest Payable
43,379,000
Total Repayment
129,813,600
Monthly Repayment
432,712

[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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