Rezi 24 Payment Schedule
Payment Schedule is defines the dates at which payments are made by one party to another. Buying a Rezi 24, homeowners need to follow a gradual payment schedule. This depends on the number of loans you have at the moment, as well as the price of Rezi 24. The borrowers are allowed to loan up to 75 percent for the first time and the percentage rest on the monthly income of the individual.
Rezi 24's initial payment schedule follows:
1. Reservation fee of 5% of Rezi 24 price
2. The amount varies according to citizenship and the number of properties on hand. This means Payment of Stamp Duty and Additional Buyer's Stamp Duty (if any).
3. 15% Payment shall be made within 8 weeks of the booking date.
The subsequent payment could be made within one year after the foundation has been established.
Why Should Be Invested In Rezi 24?
✔ FREEHOLD development at Geylang, District 14
✔ Just a stone's throw away from Dakota MRT Station! Conveniently travel to other rest of Singapore via Pan-Island Expressway (PIE), East Coast Parkway Expressway (ECP) and Kallang Paya Lebar Expressway (KPE).
✔ With the close proximity to Kong Hwa School, Macpherson Primary School, Broadrick Secondary School and Chatsworth International School.
✔ Kallang Squash & Tennis Centre, Singapore Indoor Stadium, Singapore Swimming Club also are a short distance from your home
✔ Potential capital appreciation
✔ High rental return and yield
✔ Further increase in property value when Paya Lebar Airbase shifts
The best thing about new launch property is that occupies a Progressive Payment Scheme, which also allows you to service your loan monthly via the stages when the property is constructed. To see more details, please take look at the table below:
Normal Payment (Progressive Payment) | |
Stage | % Of Purchase Price |
Upon Granting 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 the reinforced concrete framework of the unit | 10% |
Completion of partition walls of the 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% |
Temporary Occupation Permit or Certificate of Statutory Completion | 25% |
On completion date | 15% |
Get Your Rezi 24 Residences VVIP Priority Now
Rezi 24 @ Geylang is a rare freehold development that features 110 exclusive homes for the truly discerning. Nestled in the serene environs by the city fringe with unmatched connectivity and amenities for sheer convenience. Masterfully built on every level with iconic Communal Gardens, it is a contemporary landmark residence that is one of its kind in the region and a home designed to take care of the entire family's lifelong needs.
Rezi 24 Residences vvip discounts will be introduced in the next time. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. Beside, On the other hand, engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price and secure your favourite units. All you have to do is sign up and pre-register for the preview by contacting the developer's sale team members. We are very pleased to give the you investment's knowledge as well as the best advice for ownership an apartment.