PROGRESSIVE PAYMENT
All buyers can obtain housing loan from banks or financial institutions.
- Buyers without any existing housing loan
Loan ceiling: 80% of purchase price* - Buyers with existing housing loan
Loan ceiling: 50% of purchase price*
Payment breakdown:
5% Upon the grant of Option to Purchase (booking fee)
15% Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date
10% Completion of foundation work
10% Completion of reinforced concrete framework of unit
5% Completion of brick walls of unit
5% Completion of roofing/ceiling of unit
5% Completion of electrical wiring, internal plastering, plumbing and installation of door and window frames of unit
5% Completion of car park, roads and drains serving the housing project
25% Notice of Vacant Possession (TOP)
15% On Completion Date
*Maximum loan period is 30 years or loan period not extending beyond the retirement age of 65 years.
Belgravia Villas 