FINANCING
Buyer Stamp Duty
| PURCHASE PRICE | RATES FOR RESIDENTIAL | RATES FOR COMMERCIAL |
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Remaining | 4% | - |
Additional Buyer Stamp Duty
| NATIONALITY | 1ST | 2ND | 3RD |
| Singaporeans | - | 12% | 15% |
| PR | 5% | 15% | 15% |
| Foreigners | 20% | 20% | 20% |
| Companies | 25% | 25% | 25% |
Payment Scheme
Known as Progressive Payment Scheme, this allows you to service your loan with the instalments monthly progressively stage by stage as the property is being built.
| PAYMENT STAGES | % OF PAYMENT SCHEME |
| Upon the grant of Option to Purchase | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 5% |
| On Completion date | 5% |