What is the average cost breakdown for a new launch condo in Singapore

A new launch condo typically involves a 5% booking fee (cash only), followed by Buyer’s Stamp Duty of up to 4% of the purchase price, a 15% downpayment within 8 weeks (cash/CPF), plus legal and valuation fees of around S$3,500 and S$400, respectively. Subsequent installment payments (10% or 5% each) will follow based on construction milestones. The remaining 25% is settled upon receiving the Temporary Occupation Permit (TOP), and the final 15% upon legal completion. You can calculate a typical breakdown with EdgeProp’s progressive payment calculator.