Payment Scheme For New Launches

Normal Progressive Scheme (NPS)

StagePayment
(% of Purchase Price)
Upon the grant of Option To Purchase5%
Upon signing of the Sales & Purchase Agreement
(or within 8 weeks from the Option date)
15%
Upon completion of foundation work10%
Upon completion of reinforced concrete framework10%
Upon completion of brick walls5%
Upon completion of roofing/ceiling5%
Upon completion of doors, windows, electrical wiring, internal plastering and plumbing5%
Upon completion of carparks, roads, drains serving the housing project5%
Upon obtaining the Temporary Occupation Permit (TOP) 25%
Upon completion / Certificate of Statutory Completion15%