PAYMENT SCHEME

Housing Loan Information

≤ 30 Years loan tenure>30 years loan tenure or extends past age 65
Maximum Loan Limit80%60%
Minimum Cash Downpayment5%10%

Buyer’s Stamp Duty

NationalityBuyer’s Stamp DutyAdditional Buyer Stamp Duty(ABSD)
Singapore Citizen3% – $5400 of Purchase PriceNot Applicable for EC
Permanent Residents

Payment Scheme – Choose either ‘NPS’ or ‘DPS’

Normal Payment Scheme (NPS)

StagePayment Under a Standard Payment Scheme (% of Purchase Price)
Upon the grant of Option to Purchase5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date15%
Completion of foundation work10%
Completion of reinforced concrete framework of unit10%
Completion of partition walls of unit5%
Completion of roofing/ceiling of unit5%
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit5%
Completion of car park, roads and drains serving the housing project5%
Notice of Vacant Possession (TOP)25%
On Completion date15%

 

Deferred Payment Scheme (DPS)

StagePayment Under a Standard Payment Scheme (% of Purchase Price)
Upon the grant of Option to Purchase5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date15%
Notice of Vacant Possession (TOP)65%
On Completion date15%

 


Book An Appointment to view The Amore and secure Best Direct Developer Price, Full Set of E-Brochure & Enjoy up to $30,000 CPF Grant or up to $55,000 Levy Savings (Limited Time)! No obligations at Best Possible Price!

 No spam guaranteed.