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Today is Oct 21, 2017
Andrew Koh 許家興
ERA REALTY NETWORK PTE LTD
CEA Licence No.:
L3002382K / R018334F

andrewkohkh@era.com.sg
Call (+65) 8717 8000
Progressive Payment Schedule for New Launches
1) 5% Booking fee for booking of unit (Cash Only)
2) Stamp Duty of about 3% (Cash and/or CPF)
3) 15% Downpayment 8 weeks from Option date (Cash and/or CPF)

Progressive Payment Schedule, Installment Will Commenced From Here You Can Loan 80% Bank Loan

1) 10% Payment for completion of Foundation Work (About 6-9months) (Monthly Installment will commenced here if you can loan up to 80% bank loan, next step if 70% bank loan)
2) 10% Payment for completion of Reinforced concrete framework (About 6-9months)
3) 5% Payment for completion of Brick walls of unit (About 3-6months)
4) 5% Payment for completion of Electrical wiring, internal plastering, plumbing and installation of door and windo frames (About 3-6months)
5) 5% Payment for completion of Car parks, roads and drains serving the housing project (About 3-6months)
6) 25% Payment upon TOP
7) 15% Payment upon Certificate of Statutory Completion (CSC)

Before you sign the sales and purchase document, your loan approval from the bank should be ready to present to the lawyer. However if you wish to do so at a later date, there will be a minor administration fee chargable
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