We offer two(2) main repayment options.

 

A. MONTHLY DEDUCTIONS (INSTALLMENT)

Our Preconstruction Assessment (Financial Assessment) would have looked at your current net monthly income to decide on the cost estimate of your project, to decide on the pre-agreed monthly repayment before construction even starts.

The monthly repayment under this option is usually around 50% of the client's verified net regular monthly income. One can pay the pre-agreed amount quoted in the Project Contract, or above that figure but not below that.

Note: 12% per annum interest rate applies the outstanding project cost at any point in time.

 

B. ONE BULLET PAYMENT

One-time full post-construction payment within 30 days after completion and/or handover.

 

SUMMARY

Kindly make sure you qualify for any applicable repayment option before applying.

 

*
WHEN REPAYMENT STARTS/DUE
MAXIMUM REPAYMENT PERIOD
APPLICABLE INTEREST
Instalment Payment via Salary / Pension
 30 days after construction and/or handover
 Up to 30yrs (but not exceeding pension at age 60) for Owner-Occupier Residential Projects
 12.00% per annum
One Bullet Payment
 30 days after construction and/or handover
 N/A
 N/A

 

 

DUE ON SALE CLAUSES

For installment repayment options that will have the completed projects sold.

 


 

RELATED PAGES

Repayment Period

The Building Construction Process