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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 | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| On Completion date | 15% |
Developer: Rio Casa Venture Pte Ltd
Developer License No: C1253
UEN No: 201542596Z
Mukim Lot: 09693TMK 22 Hougang Avenue 7
Expected TOP: 31 Dec 2024
Expected CSC: 31 Dec 2027
Copyright © 2024 | Riverfront Residences | Oxley Holdings Limited | +65 8128 9565
PropNex Realty Pte Ltd | L3008022J |
MCC Land | L3008022J |