Phase 2 - Midvale Village - Island View

21 Middle Lane, Discovery Bay, Outlying Islands
HKD $ 10.8MSA 1,157 SF | 3BD | 2BA
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For Sale (HKD $)
10.8M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
40
Gross Area (SF)
1,412
$7,613/SF
Saleable Area (SF)
1,157
$9,291/SF
Efficiency(%)
82%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
75 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
3 (1-Ensuite)
Bathroom
2
Living / Dining Room
Combined
Maid Room
1
Kitchen
Open

Management / Government Fee

Management Fee
$2070.00
Government Rate
$6780.00
Government Rent
To be confirmed

Description

Description
  • Magnificent sea views bounded by a range of mountains at the horizon.
Internal Condition
  • Newly renovated, three-bedroom apartment, in excellent condition.
  • Living and dining room is fitted with cream-white tile flooring, while the bedrooms have elegant dark wood flooring. White painted walls and ceilings throughout the apartment.
  • Large windows across one wall of the big living and dining room bring in lots of sunlight.
  • Master bedroom can easily fit a king-size bed and accompanying furniture.
  • Other two bedrooms are of similarly good size.
  • Open plan kitchen features brandnew appliances including built-in oven, double door fridge, induction hob and washer and dyer.
  • Both bathrooms are upgraded to modern design with brand new fixtures in neutral colours.
  • Maid's room can be accessed via the kitchen with own bathroom.

Building

High-rise Apartment, Year built 1986 ( Building age 40 )

Mortgage Calculator

Monthly Repayment
$37,672
Minimum Household Income
$75,344
Mortgage Plan
Expenses
Stamp Duty [1]
403,125
Agent Commission [2]
107,500
Sub Total
510,625
Deposit
Initial Deposit (5%) [3]
537,500
S & P Agreement (5%) [3]
537,500
Further Down Payment
2,150,000
Sub Total
3,225,000
Total Cash Outlay
3,735,625

Financing
7,525,000
Total Interest Payable
3,776,600
Total Repayment
11,301,600
Monthly Repayment
37,672

[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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