Progressive Payment for Purchasing a New Launch or Uncompleted Project in Singapore

For purchasing uncompleted projects, or building under construction, payments will come progressively.

After completing the initial stage for booking the unit, exercising the Sales & Purchase Agreement (S&P) and Stamp Duty payments, progressive payment will begin depending on the stage of the construction.

The estimated timeframe might vary between different projects
Stage Estimated Timeframe Description Payment
Stage 1 Est. 6 – 12 months Completion of foundation work 10%
Stage 2 Est. 6 – 9 months Completion of reinforced concrete framework of the unit 10%
Stage 3 Est. 3 – 6 months Completion of brick walls of the unit 5%
Stage 4 Est. 3 – 6 months Completion of roofing / ceilings of the unit 5%
Stage 5 Est. 3 – 6 months Completion of electrical wiring, internal plastering, plumbing & installation of door & window frames of the unit 5%
Stage 6 Est. 3 – 6 months Completion of carparks, roads, & drains serving the development 5%
Stage 7 Est. 3 – 6 months Notice of vacant possession (Temporary Occupation of Permit - TOP) 25%
Stage 8 Est. 1 – 12 months On certification of statutory completion (CSC) 15%

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