Fung Fai Terrace, 18-19A

18-19A Fung Fai Terrace, Happy Valley, Hong Kong
HKD $ 18.5M | SA 989 SF | GA 1,200 SF | 3BD | 2BA
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Property number: 11923 Updated : 2025/11/05
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Layout / Parking Space

Management / Government Fee

Description

Description
  • Overlooking the neighbourhood residential buildings of Happy Valley
Internal Condition
  • Nicely decorated living and dining room with quality finishes.
  • The layout of the master bedroom is very efficient for furniture configuration.
  • Each bedroom is facilitated with built-in storage.
  • Bathrooms and kitchen are newly renovated. There are new floor and wall finishes, fixtures and cabinets.
  • The maid's room can be converted into a storeroom as suitable.
  • Furniture will be removed.

Building

Low-rise Apartment, Year built 1975 ( Building age 51 )

Arts & Entertainment
  • Bar / Lounge
  • Cafe / Coffee Bar
Transportation
  • Bus
  • Mini-bus
  • Tram
Shopping
  • Convenient Store
  • Grocery Store
  • Laundry

Mortgage Calculator

Monthly Repayment
$64,831
Minimum Household Income
$129,662
Mortgage Plan
Expenses
Stamp Duty [1]
693,750
Agent Commission [2]
185,000
Sub Total
878,750
Deposit
Initial Deposit (5%) [3]
925,000
S & P Agreement (5%) [3]
925,000
Further Down Payment
3,700,000
Sub Total
5,550,000
Total Cash Outlay
6,428,750

Financing
12,950,000
Total Interest Payable
6,499,300
Total Repayment
19,449,300
Monthly Repayment
64,831

[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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