Progressive Payment Calculator
Purchase Price :
Payment under a standard payment scheme
Order of Payment
Progress Payment
% of Purchase Price
Amount
GST
1st Payment
Upon granting of Option to Purchase
5%
$0.00
$0.00
2nd Payment
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date
15%
$0.00
$0.00
3rd Payment
Completion of foundation work
10%
$0.00
$0.00
4th Payment
Completion of reinforced concrete framework of unit
10%
$0.00
$0.00
5th Payment
Completion of partition walls of unit
5%
$0.00
$0.00
6th Payment
Completion of roofing/ceiling of unit
5%
$0.00
$0.00
7th Payment
Completion of door sub-frame/door frames, window frames, electrical wiring, internal plastering and plumbing of unit
5%
$0.00
$0.00
8th Payment
On installation of electrical plants and sanitary equipment
5%
$0.00
$0.00
9th Payment
Completion of car park, roads and drains serving the housing project
5%
$0.00
$0.00
10th Payment
Temporary Occupation Permit of Certiicate of Statutory Completion
25%
$0.00
$0.00
11th Payment
On completion date
10%
$0.00
$0.00
Stamp Duty Payable :
$0.00