Normal Progressive Payment Schedule (NPS)
Payments track physical construction milestones from foundation works to TOP and CSC. Each disbursement requires independent qualified architect certification.
| Stage | % | Timing |
|---|---|---|
| Option to Purchase (booking fee) | 5% | Cash, at booking |
| Sale & Purchase Agreement | 15% | Cash / CPF, within ~9 weeks of Option |
| Completion of foundation works | 10% | Progressive, per construction |
| Completion of reinforced concrete framework | 10% | Progressive, per construction |
| Completion of brick walls | 5% | Progressive, per construction |
| Completion of roofing / ceiling | 5% | Progressive, per construction |
| Completion of wiring, doors & windows | 5% | Progressive, per construction |
| Completion of car parks, roads & drains | 5% | Progressive, per construction |
| Temporary Occupation Permit (TOP) | 25% | On key collection |
| Certificate of Statutory Completion (CSC) | 15% | Final stage, typically ~1 year after TOP |
| Total | 100% |