PROGRESSIVE PAYMENT FOR UNCOMPLETED PROJECTS

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.


Estimated Timeframe Stage Payment
Est. 6 – 12 months Completion of Foundation Work 10%
Est. 6 – 9 months Completion of Reinforces Concrete Framework of the unit 10%
Est. 3 – 6 months Completion of brick walls of the unit 5%
Est. 3 – 6 months Completion of roofing / ceilings of the unit 5%
Est. 3 – 6 months Completion of electrical wiring, internal plastering, plumbing & installation of door & window frames of the unit 5%
Est. 3 – 6 months Completion of carparks, roads, & drains serving the development 5%
Est. 3 – 6 months Notice of Vacant Possession (Temporary Occupation of Permit - TOP) 25%
Est. 1 – 12 months On Certification of Statutory Completion (CSC) 15%

The estimated timeframe might vary between different projects.