Payment Scheme

Normal Payment Scheme (NPS)

Stage% Of Purchase Price
Upon Granting Option To Purchase5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date20% less Booking Fee
Completion of foundation work10%
Completion of the reinforced concrete framework of the unit10%
Completion of partition walls of the unit5%
Completion of roofing/ceiling of unit5%
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit5%
Completion of car park, roads and drains serving the housing project5%
Temporary Occupation Permit or Certificate of Statutory Completion25%
On completion date15%
The Normal Payment Scheme (NPS), also known as The Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively by stages as the property is constructed.