Payment Plan
A. Self Financing
1.Full Upfront Payment
i.Completed House - Delivery over 2 months
ii.Uncompleted House – Delivery over 6 months with 5% discount
2.Three Stages Payment (over 9 months)
i. 40% deposit prior to allocation and commencement
ii. 40% additional payment just before roofing
iii. 20% final payment for delivery and closing
3.Credit Purchase Payment (over 2-years)
i. 40% deposit to be accumulated bit by bit over
1 -year for allocation and commencement
ii. 60% final payment to be accumulated bit by bit over
another year for delivery and closing
B. Mortgage Financing
Mortgage Payment (10-20 years)
i. 20 - 25% deposit by the buyer to us or to the mortgage
institution chosen (payable piecemeal)
ii. 75 - 80% final payment of the mortgage loan by the
mortgage istitution for delivery a
C. Employer Financing
i. Full Sponsorship Payment
Where the amounts payable by the institution covers
the full quoted price, the lease documents will be executed
with the staff concerned, oath of proof sworn and the
documents lodged with the institution for full payment.
ii.Partial Sponsorship Payment
Where the amounts payable by the institution do not
cover the full quoted price, the staff concerned shall pay
to the developer the difference before delivery of the property