What is the outlay to purchase a millions condo

To purchase a million-dollar condo, the typical outlay under the progressive payment scheme would include the following:

1. Booking Fee:
- Amount: 5% of Purchase Price
- Payment Mode: Cash
- Outlay: $50,000

2. Buyer's Stamp Duty (BSD):
- Amount: 1% of first $180,000, 2% of next $180,000, 3% of the next $640,000
- Outlay: $24,600

3. Downpayment:
- Amount: 15% of Purchase Price
- Payment Mode: Cash/CPF
- Outlay: $150,000

4. Legal Fees:
- Amount: ~$3,500
- Payment Mode: Cash/CPF
- Outlay: $3,500

5. Valuation Fee:
- Amount: ~$400
- Payment Mode: Cash/CPF
- Outlay: $400

6. Foundation of Work:
- Amount: 10% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $100,000

7. Reinforced Concrete Framework:
- Amount: 10% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $100,000

8. Brick Walls of Unit:
- Amount: 5% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $50,000

9. Ceiling of Unit:
- Amount: 5% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $50,000

10. Door and Window Frames, Wiring, Internal Plastering and Plumbing:
- Amount: 5% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $50,000

11. Car Park, Roads and Drains Serving the Project:
- Amount: 5% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $50,000

12. Notice of Vacant Possession (TOP Date):
- Amount: 25% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $250,000

13. Legal Completion (CSC Date):
- Amount: 15% of Purchase Price
- Payment Mode: Cash and/or bank loan
- Outlay: $150,000

Total Outlay: $1,028,900

This includes the initial booking fee, downpayment, stamp duty, legal fees, valuation fee, and subsequent payments at various construction milestones.