• DEAR HIGH NET WORTH BUYERS,

    Who else wants to Take The Advantage Over a
    DEFERRED PAYMENT SCHEME CONDO?

The Most Attractive Deferred Payment Scheme Condo in Singapore!


Updated on 27 Oct 2018

Good News for You, every developers are required to sell all their units within 5 years upon government land sales awarded.  Otherwise, they will get a hefty penalty.

Therefore, in order to clear their units for sale, they offer the deferred payment scheme so that can attract some buyers.

In 2016, some luxury condos above $2million remain unsold even after TOP obtained.

However, only upon CSC, then the developers are allowed to offer Deferred Payment Scheme to buyers.

Hence, to boost sales, developers cracked their brain and being so creative to clear their balance units.

As a result, there are a lot of different deferred payment schemes in the property market.

The most common one is to pay 20% cash and move in.  There is one project even as low as 5% down payment to move in.

What about the Remaining Payment?

Consequently, the remaining payment is deferred for a year or 2 without charging any interest.

Therefore, that 1 or 2 year is actually the grace period for you to “save” or “earn” more money.

That is the beauty of DPS by offering flexibilities to the buyers for fund transfer and management or even getting longer time for them to sell their current home.

The result? It’s proven that many people love DPS and it works!

DPS: A win-win solution for both the developer and the buyer.

What is Best Available DPS in the Market?

After checking and updating for all the available DPS condo in the market, I found a few developments worth your consideration.

WingTai relaunch The Crest at Prince Charles Crescent with the best deferred payment scheme so far in the market.

5% initial deposit to move in and 5% further deposit after one year, then 90% final payment after two years.

Even with the benefit priced in, the scheme still gives good returns on investment if the buyer rents the unit out.

The Crest condo

In October 2018, WingTai relaunched The Crest at Prince Charles Crescent with a better deferred payment scheme for Tower and Premium Villa Collection respectively.

For Tower,

  • 1% Booking Fee
  • 6% Exercise Fee within 2 weeks from Option and pay for applicable Stamp Duty
  • 6 weeks from booking day can move in
  • 1 year from booking day must pay 8% further deposit
  • 2 years from booking day must pay the balance 85%

Whereas for Villa Collection,

  • 7% Booking Fee
  • Within 8 weeks to exercise and pay for applicable stamp duty
  • 24 weeks from booking day can move in
  • 1 year from booking day must pay 8% further deposit
  • 2 years from booking day must pay the balance 85%

The scheme offers good returns on investment if the buyer rents the unit out.

The price is now $2.5mil or above for a 3 Bedroom unit.

In addition, there is also another project located near Orchard is offering Deferred Payment Scheme.

The price is starting from $1.5mil onwards.

Wish to learn more?

There is NOTHING to lose in gaining more knowledge.

KNOWLEDGE is POWER!

Name:

Phone No:

Email:

Your Message

Despite it is tempting to rush in when the property market is heating up. However, with the TDSR and cooling measures still play a role, I believe that the Government is monitoring the property market situation closely and will make policy adjustments if necessary.

I always urge all my buyers to remain focused on the objectives and fundamentals, not sentimental and always buy at your own means.

Do sign up with us if you are looking for the available deferred payment scheme condo in the market.

Suggested Post:

Sell 1 Buy 2  Sell 1 Buy 2, Swap Your HDB for 2 Condo?

10 Reasons why sell one buy two  10 Reasons Why Sell 1 Buy 2 is a Trending Investment Option?

Deferred Payment Scheme CondoDeferred Payment Scheme condo below 1 million?

Share & Review if you think this article helps!

Name:
Rating:
The Most Attractive Deferred Payment Scheme Condo Overall rating: ★★★★☆ 4 based on 1 reviews
5 1

Sign Up if you are looking to purchase Deferred Payment Scheme Condo:

Register here for the best price with discount, the actual unit viewing appointment and selection of units.

Email or Call us for a presentation, we will share with you the latest available units. No Obligation.

Name:

Phone No:

Email:

Your Message

The Panorama Customer Service

Call our customer service hotline at

+65 9188 7652