The Summit

New
41C Stubbs Road, Mid-levels East, Hong Kong
HKD $ 160.8MSA 2,375 SF | 4BD | 2.5BA
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For Sale (HKD $)
160.8M
Room
4 (1-Ensuite)
Bath.
2.5
Age (yrs)
24
Gross Area (SF)
3,272
$49,140/SF
Saleable Area (SF)
2,375
$67,699/SF
Efficiency(%)
73%
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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
$13100.00
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Out-stretching views from the nearby greenery of Happy Valley racecourse to harbour views in the distance.
Internal Condition
  • This impressive duplex offers a bright and airy living and dining room with expansive windows and high ceiling.
  • Huge combined living and dining room on lower level allows for flexible furniture configuration.
  • Large master bedroom suite includes a walk-in closet and ensuite bathroom with a spa bath overlooking Happy Valley.
  • Every bedroom is facilitated with built-in wooden wardrobes.
  • Fully fitted kitchen comes with a three-ring gas hob, exhaust hood, microwave, oven, fridge, wine fridge and dishwasher.
  • Guest bathroom and washroom are located on the ground level with two bedrooms.
  • Maid's quarters includes a utility area behind which houses a washer / dryer.

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
$563,450
Minimum Household Income
$1,126,900
Mortgage Plan
Expenses
Stamp Duty [1]
10,451,025
Agent Commission [2]
1,607,850
Sub Total
12,058,875
Deposit
Initial Deposit (5%) [3]
8,039,250
S & P Agreement (5%) [3]
8,039,250
Further Down Payment
32,157,000
Sub Total
48,235,500
Total Cash Outlay
60,294,375

Financing
112,549,500
Total Interest Payable
56,485,500
Total Repayment
169,035,000
Monthly Repayment
563,450

[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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