Valverde

11 May Road, Mid-levels Central, Hong Kong
HKD $ 42MSA 721 SF | Studio | 2BA
For Sale (HKD $)
42M
Room
0
Bath.
2
Age (yrs)
28
Gross Area (SF)
998
$42,084/SF
Saleable Area (SF)
721
$58,252/SF
Efficiency(%)
72%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Bay Window
37 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
0
Bathroom
2
Living / Dining Room
Combined
Kitchen
Open

Management / Government Fee

Management Fee
To be confirmed
Government Rate
To be confirmed
Government Rent
To be confirmed

Description

Description
  • Out-stretching views overlooking the greenery of May Road and the local buildings of the Upper Mid-Levels.
Internal Condition
  • Converted from a two bedroom apartment into this ultra chic studio apartment.
  • Bright living area has full height windows which flood the space with the view and natural light.
  • Efficient layout of the living and dining area allows for an optimal arrangement of furniture.
  • Sleeping area is slightly raised and easily fits a King size bed.
  • Directly next to the sleeping area is the open bathroom area complete with bathtub.
  • Fitted kitchen is equipped with essential appliances and built-in cabinets.
  • A very unique and very open plan living arrangement.
External Area
  • Floor-to-ceiling windows maximize the view from inside.
  • The building offers fantastic amenities.
  • Private shuttle bus to Central.
  • A lovely quieter area of Hong Kong yet still very close to all the action.

Building

High-rise Apartment, Year built 1998 ( Building age 28 )

TV & Air con
  • Cable TV
  • Satellite TV
Clubhouse Facilities
  • Gym
  • Outdoor Swimming Pool
  • Tennis Court
Children Facilities
  • Indoor Play Area
Transportation
  • Mini-bus
  • Shuttle Bus

Mortgage Calculator

Monthly Repayment
$147,184
Minimum Household Income
$294,368
Mortgage Plan
Expenses
Stamp Duty [1]
1,785,001
Agent Commission [2]
420,000
Sub Total
2,205,001
Deposit
Initial Deposit (5%) [3]
2,100,000
S & P Agreement (5%) [3]
2,100,000
Further Down Payment
8,400,000
Sub Total
12,600,000
Total Cash Outlay
14,805,001

Financing
29,400,000
Total Interest Payable
14,755,200
Total Repayment
44,155,200
Monthly Repayment
147,184

[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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