Phase 2 - Midvale Village - Marine View

19 Middle Lane, Discovery Bay, Outlying Islands
HKD $ 11MSA 1,157 SF | 3BD | 2BA
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For Sale (HKD $)
11M
Room
3 (1-Ensuite)
Bath.
2
Age (yrs)
41
Gross Area (SF)
1,412
$7,790/SF
Saleable Area (SF)
1,157
$9,507/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
Utility Room
1

Management / Government Fee

Management Fee
$2821.00
Government Rate
$6810.00
Government Rent
To be confirmed

Description

Description
  • Magnificent sea views bounded by a range of mountains at the horizon.
Internal Condition
  • Modern, bright, apartment with large windows and high efficiency.
  • Wide living and dining room has two large windows on one side and white tiled floor.
  • All three bedrooms are of nice size and breezy, with space to put queen-size beds and wardrobes and two-aspect windows.
  • Fully fitted kitchen is equipped with essential appliances.
  • Both master and guest bathrooms are the original finish with bathtubs and cabinets.
  • Maid's room can be converted into a storeroom and is attached to a decent bathroom with shower hose.
  • Utility room accommodates the washer and dryer in stacked arrangement.

Building

High-rise Apartment, Year built 1985 ( Building age 41 )

Mortgage Calculator

Monthly Repayment
$38,549
Minimum Household Income
$77,098
Mortgage Plan
Expenses
Stamp Duty [1]
412,500
Agent Commission [2]
110,000
Sub Total
522,500
Deposit
Initial Deposit (5%) [3]
550,000
S & P Agreement (5%) [3]
550,000
Further Down Payment
2,200,000
Sub Total
3,300,000
Total Cash Outlay
3,822,500

Financing
7,700,000
Total Interest Payable
3,864,700
Total Repayment
11,564,700
Monthly Repayment
38,549

[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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