Payment Schedule

ResourcesBuy, Sell, RentBuying ⎬ Payment Schedule

Deposit 1% of purchased price
(cash)
Exercise Option 4% or 9% of purchased price
(cash)
within 14 days
from date of option
Stamp Duty ≏ 3% of purchased price
(cash)
within 28 days
from date of option
Completion 10% or 15% of purchased price
(cash/CPF) based on 80% loan
within 8 to 12 weeks
from date of option
Legal Fee ≏ $3,000 for property below $2M
≏ $4,000 to $6,000 for property above $2M
upon completion
legal subsidy from banks – ≏ 0.4% of loan quantum or between $2,000 to $3,000
Agent Commission 1% to 2% of purchased price upon completion


*Please note that information provided is as it is basis, whilst every effort has been made to provide up-to-date information. The author is not responsible for inaccuracies or whatsoever as a result from using this information.