Payment Scheme

Stage Progressive Payment Scheme (% of Purchase Price)
Upon the grant of Option to Purchase 5% (Booking Fee)
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date 20% less Booking Fee
Completion of foundation work 10%
Completion of reinforced concrete framework of unit 10%
Completion of partition walls of unit 5%
Completion of roofing/ceiling of unit 5%
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit 5%
Completion of car park, roads and drains serving the housing project 5%
Notice of Vacant Possession (TOP) 25%
On Completion Date (CSC) 15%

    Ballot Sequence (Reg No) & Registration Here
     



     

    Existing HDB Owner?

    Thank you for considering Novo Place EC as your future home, you will soon be able to explore and download the condo’s floor plan and e-brochure. The gallery is also available for your consideration on the latest perspectives of the development. Please also see the latest video of the fly-through as well as more info on the project. We will also update the balance unit chart as soon as it is available to provide the latest unit available. Please see more info on developer details and track record as well.

    The latest site plan and floor plan is available soon together with the pricing and elevation chart. There are many different layout types for your consideration. Please see the location of the project as well as the showflat location. Kindly register before coming to the showflat to ensure that there is an appointed sales person at the showflat for the viewing.

    The payment scheme information provided for this condo launch is intended for informational purposes only and does not constitute a binding offer or contract. The developer, its agents, and affiliates make no representations or warranties, express or implied, regarding the accuracy, reliability, completeness, or timeliness of the information. Payment schemes and their terms are subject to change at the discretion of the developer without prior notice.

    Potential buyers are strongly advised to consult directly with the developer’s sales team for the most current and detailed information regarding available payment schemes, including any promotional offers or incentives. Interested parties should also seek independent financial advice to fully understand the implications of each payment option and to determine the best choice for their individual circumstances.

    The information provided herein may not include all fees, charges, or costs associated with the purchase of a condo unit, such as government taxes, stamp duties, legal fees, and other related expenses. The final cost of purchasing a unit may vary based on the selected payment scheme, unit type, location within the development, and other factors.

    By accessing or using the information provided on condo launch payment schemes, individuals acknowledge and agree that any decision to purchase based on this information is made at their own risk and after conducting due diligence. The developer is not liable for any errors or omissions in this information, nor for any losses or damages that may arise from reliance on this information.

    This disclaimer serves to inform prospective buyers about the provisional nature of payment scheme information and emphasizes the importance of obtaining up-to-date and comprehensive details directly from the developer or through professional advice before making any financial commitments.