Payment Scheme
Normal Payment Scheme (NPS)
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
Upon the grant of Option to Purchase | 2% (Booking Fee) |
Upon signing of the Sale & Purchase Agreement | 8% in 2 weeks |
On Completion date | 90% upon completion |
Deferred Payment Scheme (DPS) - 1 Year
Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
Upon the grant of Option to Purchase | 5% (Booking Fee) |
Upon signing of the Sale & Purchase Agreement | 15% within 2 weeks |
On Completion date | 80% in 12 months |
Deferred Payment Scheme (DPS) - 2 Year
Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
Upon the grant of Option to Purchase | 5% (Booking Fee) |
Upon signing of the Sale & Purchase Agreement | 25% within 2 weeks |
On Completion date | 70% in 24 months |
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