1
8 weeks
Option to Purchase (OTP)
(strictly not transferable)
S&P Agreement – Within 2 weeks from Option date. Developer will send out S&P to purchaser by Registered post
3 weeks to exercise S&P
Progress Payment Schedule
Temporary Occupation Period (TOP) Upon TOP (to pay 6 months advance maintanence fee & survey fee)
Certificate of statutory completion
Payment Schedule
5%
15%
1. Foundation 10% 2. Reinforce concrete 10% 3. Brick Wall 5% 4. Roof / Ceiling 5% 5. Door / Windows 5% 6. Car Park / Road 5%
25%
15%
Exercise 2 weeks to
pay Stamp Fee
No Exercise Forfeit: 25% of 5% Refund: 75% of 5%
1 week
Progressive Payment for Bank
Loan
Payment Schedule : Building Under Construction (BUC)
Call William Chui : (+65) 8111-5505
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