How payment for a Singapore new-launch condo generally works, applied to what we expect for Bedok Rise Residences.
Under the PPS, buyers pay in stages tied to construction milestones rather than upfront in full. This spreads out cash flow and lets buyers time drawdowns against their loan disbursement.
| Stage | % Of Purchase Price |
|---|---|
| Upon signing Sale & Purchase Agreement (within 8 weeks of Option) | 20%* |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework | 10% |
| Completion of partition walls | 5% |
| Completion of roofing/ceiling | 5% |
| Completion of door/window frames, electrical wiring, plumbing (unglazed) | 5% |
| Completion of car park, roads, drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| Certificate of Statutory Completion (CSC), 12 months after TOP | 15% |
*Includes the 5% booking fee paid upon exercising the Option to Purchase. This is the standard PPS schedule under Singapore's Housing Developers Rules and applies generally to uncompleted private residential projects — not a confirmed Bedok Rise Residences-specific schedule.
Some developers occasionally offer a Deferred Payment Scheme where a larger portion of payment is deferred closer to TOP, typically at a price premium. Whether Allgreen Properties will offer a DPS option for Bedok Rise Residences — and on what terms — is entirely at the developer's discretion and unannounced at this stage.
The default, most common structure. Loan disbursement is staged, meaning interest is charged progressively rather than on the full loan quantum from day one.
A smaller initial outlay with the balance due later, often at TOP. Usually reserved for select launches and priced accordingly — not yet confirmed for this project.
Speak to our team about how the payment scheme may affect your cash flow and loan planning once Bedok Rise Residences launches.
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