Quick Answers Buyers Search For
How is the progressive payment schedule calculated for new launch private properties in Singapore?
The progressive payment schedule for a new launch private property is tied to construction milestones
and calculated as percentages of the purchase price. Buyers typically pay an initial 5% option fee and
15% when exercising the option, followed by staged payments as foundation, structural framework, walls,
finishes, and completion milestones are certified. The remaining balance is paid at later milestones
such as TOP and legal completion, according to the sale and purchase agreement.
When should I run a decoupling feasibility check before buying a second property?
Run a decoupling check when co-owners plan for one owner to retain the current home while the other
purchases another property. You should compare stamp duty impact, legal transfer costs, loan
eligibility, and post-transfer ownership structure before proceeding.
What does a Deferred Payment Scheme calculator estimate for EC buyers?
A Deferred Payment Scheme calculator estimates upfront downpayment, deferred loan drawdown timing, and
projected instalments after TOP. This allows EC buyers to compare near-term cash flow and total
financing impact against standard progressive payment methods.