PROGRESSIVE PAYMENT Calculation for:

Unit: # Type: Size:

Purchase Price*: S$ S$
Loan Tenure:    Interest Rate:    Loan to Value:
* must fill

Stages % of Pur Price Payment S$ Loan Payment Pay By
[1] Option to Purchase/Booking Fee 5% - Cash Only
[2] Signing of S&P or within 8 weeks (9 weeks for EC) from date of Option, whichever is later 15% - Cash/ CPF
[3] †Buyer Stamp Duty (BSD) within 14 days of signing S&P 1st S$180k-1%
Next S$180k-2%
Next S$640k-3%
Balance-4%
- Cash/ CPF
[3a] Additional Buyer Stamp Duty (ABSD) within 14 days of signing S&P
(no ABSD for purchase of EC)
- Cash/ CPF
Total Payable - Cash/ CPF

Monthly Instalment S$
[4] On completion of foundation work 10%
(6-9mths)
Cash/ CPF
[5] On completion of reinforced concrete framework of the building unit 10%
(3-6mths)
Cash/ CPF
[6] On completion of brick of walls of the building unit 5%
(3-6mths)
Cash/ CPF
[7] On completion of ceiling of the building unit 5%
(3-6mths)
Cash/ CPF
[8] Doors/Window frames/Electrical wiring (w/o light fittings)/Plumbing & Internal Plastering completed 5%
(3-6mths)
Cash/ CPF
[9] Car Park / Roads and Drains completed 5%
(3-6mths)
Cash/ CPF
[10] Temporary Occupation Permit and Architect's Certificate of Completion 25%
(3-6mths)
Cash/ CPF
[11] Upon completion of Certificate of Statutory Completion (CSC) 15%
(~1yr)
Cash/ CPF


† BSD for residential properties to increase from 3% to 4% w.e.f. February 20, 2018, for the portion of the value that is >$1 million.

Disclaimer:
While all reasonable care was undertaken to ensure accuracy of the information and calculation, the agent and his agency will not be held responsible for any discrepancy. For feedback, please contact Cyan Ho at (+65)9066 6966 or via email yeongcyan.ho@orangetee.com


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