PURCHASE PRICE | RATES FOR RESIDENTIAL | RATES FOR COMMERCIAL |
First $180,000 | 1% | 1% |
Next $180,000 | 2% | 2% |
Next $640,000 | 3% | 3% |
Remaining | 4% | - |
NATIONALITY | 1ST | 2ND | 3RD |
Singaporeans | - | 17% | 25% |
PR | 5% | 25% | 30% |
Foreigners | 30% | 30% | 30% |
Companies | 35% | 35% | 35% |
PAYMENT STAGES | % OF PAYMENT SCHEME |
Upon the grant of Option to Purchase | 5% (Booking Fee) |
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
Completion of foundation work | 10% |
Completion of reinforced concrete framework of unit | 10% |
Completion of partition walls of unit | 5% |
Completion of roofing/ceiling of unit | 5% |
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
Completion of car park, roads and drains serving the housing project | 5% |
Notice of Vacant Possession (TOP) | 5% |
On Completion date | 5% |