Found your dream condo but worried about the downpayment? Many buyers use CPF savings to offset initial costs, reducing cash outflow. Learn how CPF can work in your favor and make condo ownership more affordable.
Read more: Ways CPF Can Help with Your Downpayment
Buying a condo under construction? Instead of paying the full amount upfront, the Progressive Payment Scheme (PPS) allows you to pay in stages as construction progresses. This helps ease financial strain and manage cash flow effectively. Understanding how PPS works can help you plan your condo purchase better.
Read more: Progressive Payment Scheme: A Step-by-Step Guide
Every condo development in Singapore has its own set of by-laws governing renovations, pet ownership, subletting, and even the use of shared facilities. Before purchasing a condo, it’s important to know these rules to avoid unexpected restrictions after moving in.
Read more: Condo By-Laws: What Every Buyer Should Know
Buying a condo involves multiple payment stages, from the option fee to the final payment upon completion. Understanding the Condo Payment Schedule helps you plan your finances efficiently and avoid unexpected costs. Whether you’re purchasing a new launch or a resale unit, knowing when and how payments are made ensures a smoother transaction.
Read more: Condo Payment Schedule: A Step-by-Step Guide