Fung Fai Terrace, 7

7 Fung Fai Terrace, Happy Valley, Hong Kong
HKD $ 9.5MSA 512 SF | 2BD | 1BA
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For Sale (HKD $)
9.5M
Room
2
Bath.
1
Age (yrs)
52
Gross Area (SF)
700
$13,571/SF
Saleable Area (SF)
512
$18,555/SF
Efficiency(%)
73%
This property has the following ancillary accommodation which has not been included in the "Saleable Area". Please verify the information on site.
Top Roof
481 s.f.
Agent Information
Elaine Lam
Client Service Officer
Elaine Lam
Request Information

Layout / Parking Space

Bedroom
2
Bathroom
1
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
  • It looks out to the other buildings at a comfortable distance.
Internal Condition
  • Light-colour floor tiles and white painted walls create a bright and airy living space.
  • Dining area boasts a skylight.
  • Master bedroom is facilitated with a built-in wardrobe.
  • Open kitchen with basic fittings offers an informal dining experience.
  • Bathroom has been tastefully designed with marble finishes and tiling.
External Area
  • A nice storage room and small toilet are set on the private roof terrace.
  • Set your table and chairs on the private roof terrace and enjoy an alfresco dining anytime.

Building

Low-rise Apartment, Year built 1974 ( Building age 52 )

TV & Air con
  • Cable TV
Transportation
  • Bus
  • Mini-bus

Mortgage Calculator

Monthly Repayment
$33,292
Minimum Household Income
$66,584
Mortgage Plan
Expenses
Stamp Duty [1]
320,000
Agent Commission [2]
95,000
Sub Total
415,000
Deposit
Initial Deposit (5%) [3]
475,000
S & P Agreement (5%) [3]
475,000
Further Down Payment
1,900,000
Sub Total
2,850,000
Total Cash Outlay
3,265,000

Financing
6,650,000
Total Interest Payable
3,337,600
Total Repayment
9,987,600
Monthly Repayment
33,292

[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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