New Launch Purchase Timeline

StagePaymentTimeline
Booking (OTP)5% Booking Fee (Cash)
Receive S&PWithin 14 days from option date
Exercise OptionWithin 3 weeks from delivery of S&P
Stamp DutyPrevalent BSD and ABSD RatesWithin 14 days from the exercise of option
Balance Downpayment15% Cash, CPF or bothWithin 8 weeks from date of option
Progressive PaymentAccording to the Progressive Payment ScheduleAccording to the Progressive Payment Schedule