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New Launch Timeline (Purchase)

Stage Name
Timeframe
Description
Payment
Stage 1
Day 1
Issue Option to Purchase (OTP)
5% Booking Fee
Stage 2
Within 2 weeks
Sales & Purchase Agreement (S&P) to be sent to Law Firm, or sent to Buyer if no Law Firm is appointed
-
Stage 3
Within 3 weeks from delivery of S&P
Buyer to exercise the OTP and sign the S&P at Law Firm
-
Stage 4
Within 2 weeks of Signing S&P
Buyer to pay all Stamp Duties
Buyer Stamp Duty (BSD) & Additional Buyer Stamp Duty (ABSD)
Stage 5
Within 8 weeks from Day 1
Buyer to pay remaining downpayment (Cash / CPF / Both)
15% Downpayment
Stage 6
Thereafter
Progressive Payments
80% Progressive Payment Breakdown
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