Jolly Garden (Wang Fung Terrace)

7 Wang Fung Terrace, Tai Hang, Hong Kong
HKD $ 25M | SA 936 SF | GA 1,300 SF | 4BD | 2BA
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Property number: 80327 Updated : 2025/07/14
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Layout / Parking Space

Description

Description
  • It looks out to the surrounding streets and other buildings at a comfortable distance.
Internal Condition
  • Newly painted apartment with large windows and glossy white floor tiles to leverage the natural sunlight.
  • The large open-floorplan of the living and dining room is perfect for furniture setup.
  • Four well proportioned bedrooms could accommodate queen-size beds and wardrobes. Walls are painted white with the floor tiles beige.
  • Good-sized kitchen includes cabinets, four-hob gas stove, an additional two-hob electromagnetic cooker, and a freestanding oven.
  • Both master bathroom and guest bathroom are in good condition.
  • Utility room close to the kitchen offers optional storage or housework usage.
External Area
  • Enormous private roof terrace with two sinks and two all weather storage shelves is perfect for summer barbeque parties, occasional celebrations or romantic dinners under starlight and mild breezes.

Building

Walk-up Tenement Building, Year built 1971 ( Building age 54 )

Mortgage Calculator

Monthly Repayment
$87,610
Minimum Household Income
$175,220
Mortgage Plan
Expenses
Stamp Duty [1]
1,062,500
Agent Commission [2]
250,000
Sub Total
1,312,500
Deposit
Initial Deposit (5%) [3]
1,250,000
S & P Agreement (5%) [3]
1,250,000
Further Down Payment
5,000,000
Sub Total
7,500,000
Total Cash Outlay
8,812,500

Financing
17,500,000
Total Interest Payable
8,783,000
Total Repayment
26,283,000
Monthly Repayment
87,610

[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.