Asked by Angela Lim
Hello, I have a question on payment schedule for new launch condo. I understand I will have to pay a 15% down-payment within 8 weeks of exerting the OTP. The next stage of payment would be another 10% for foundation of work between 6-9 months from launch, right?
Hypothetically speaking, in the event that I am unable to fork out the payment for the second stage, what would happen? Would my very first 15% down-payment be forfeited? What happens to the unit?
Appreciate some knowledge sharing. Thank you.
Hypothetically speaking, in the event that I am unable to fork out the payment for the second stage, what would happen? Would my very first 15% down-payment be forfeited? What happens to the unit?
Appreciate some knowledge sharing. Thank you.
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