What is the payment scheme for this property

Progressive payment schemes are standard for new condominiums in Singapore, allowing buyers to pay in stages tied to construction milestones rather than upfront.

This spreads out costs over time, improving cash flow compared to resale condos, which typically require full payment upon purchase. Developers may also offer deferred payment schemes, like the 10% down payment option launched by SC Global for Petit Jervois in late 2022, where the balance is deferred until key stages such as TOP (Temporary Occupation Permit).

EdgeProp provides a dedicated Progressive Payment calculator to simulate these schedules based on purchase price and project details. For new launches, check EdgeProp listings for specific scheme details, as they vary by developer and project—always verify with the sales team for the latest terms.