The Summit

New
41C Stubbs Road, Mid-levels East, Hong Kong
HKD $ 172.9MSA 2,375 SF | 4BD | 2.5BA
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Map
For Sale (HKD $)
172.9M
Room
4 (1-Ensuite)
Bath.
2.5
Age (yrs)
24
Gross Area (SF)
2,990
$57,839/SF
Saleable Area (SF)
2,375
$72,816/SF
Efficiency(%)
79%
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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
$13800.00
Government Rate
$21600.00
Government Rent
To be confirmed

Description

Description
  • This luxurious four-bedroom duplex gem on Stubbs Road commands bird's eye views of the racecourse, city skyline, and Victoria Harbour through numerous floor-to-ceiling French windows.
Internal Condition
  • Private entrance enter to the living and dining room, show casing six-meter high ceiling, tasteful light fixtures and elegant wooden staircase. Floor-to-ceiling windows with minimal frames give the greatest exposure to the views and natural light.
  • Beautifully finished built-in wardrobes in all bedrooms rise to the ceiling height.
  • Large master bedroom suite located on the upper floor includes a walk-in closet, a queen-size bed, a dressing table and night desks.
  • Deluxe master bathroom with expansive Happy Valley view features dual basins, marble stoned tiles, a luxurious bathtub, and separate standing shower.
  • Second and third bedrooms located on the lower floor feature curved windows.
  • An additional room on the upper floor could serve for study or mahjong games.
  • Fully geared western kitchen has lots of beautiful white cabinets along with built-in appliances including gas and electric hobs, exhaust hood, microwave, oven, fridge, and washer dryer.
  • There is an extra bathroom for the bedrooms on the upper level, and a powder room just next to the kitchen for the guests.
  • There is also a maid's room with own bathroom as well as a laundry area on the upper level.
External Area
  • Clubhouse facilities include indoor swimming pool, indoor playground, fully equipped gym and golf training room.

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
$606,038
Minimum Household Income
$1,212,076
Mortgage Plan
Expenses
Stamp Duty [1]
11,240,970
Agent Commission [2]
1,729,380
Sub Total
12,970,350
Deposit
Initial Deposit (5%) [3]
8,646,900
S & P Agreement (5%) [3]
8,646,900
Further Down Payment
34,587,600
Sub Total
51,881,400
Total Cash Outlay
64,851,750

Financing
121,056,600
Total Interest Payable
60,754,800
Total Repayment
181,811,400
Monthly Repayment
606,038

[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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