Belgravia Ace has obtained Temporary Occupation Permit, which changes how the purchase is paid for. There is no long progressive draw against construction stages, because construction is finished.
| Stage | When | Payment |
|---|---|---|
| Option to Purchase | Upon issuance of the Option to Purchase | 5% |
| Within 8 weeks | Within 8 weeks after the OTP date | 80% |
| Certificate of Statutory Completion | Within 14 days after CSC is received | 13% |
| Completion | On the completion date | 2% |
| Total | — | 100% |
Schedule as stated by the developer at the marketing agent briefing on 11 August 2026. Expected legal completion for Belgravia Ace is 31 January 2031. Confirm the schedule that applies to your Sale and Purchase Agreement with your conveyancing lawyer.
Two practical consequences follow from a completed project.
The money moves quickly. Eighty-five per cent of the price is due within eight weeks of the Option to Purchase. That is a very different cash and financing timeline from a project under construction, where payments are spread over three or four years as each building stage completes. Your loan must be approved and ready to disburse on that timeline, not on a leisurely one.
You take possession sooner. Because vacant possession has already been achieved, there is no waiting period between paying and occupying. For an owner-occupier moving from an existing home, the sequencing question is about your current property rather than about construction progress. For an investor, rental income can start on a normal timeline rather than a projected one.
| Consideration | Completed project such as Belgravia Ace |
|---|---|
| Payment spread | 85% within about two months, rather than staged over three to four years |
| Interest cost | Full loan interest begins early, rather than accruing progressively on partial drawdowns |
| Construction risk | None — the house is built and can be inspected before purchase |
| Time to occupy or rent | Immediate on completion of the sale |
| What you inspect | The actual house, finishes, outlook and estate landscaping |
The initial 5% on the Option to Purchase is normally paid in cash. Beyond that, the mix of cash, CPF Ordinary Account savings and bank loan depends on your loan-to-value band, which is set by how many outstanding housing loans you already have and by the tenure and your age. The minimum cash component is 5% of the purchase price for a first housing loan and 25% for a second or subsequent one.
Work through the borrowing limits on the Belgravia Ace housing loan page, and the duty payable on the stamp duty page. Then check what is available on the balance units chart.
Important. The figures above are the developer’s stated schedule and standard Singapore financing rules. They are not a quotation. Confirm the schedule in your own Sale and Purchase Agreement with your conveyancing lawyer, and your financing with your bank, before commitment.
Because the estate is complete, most of the price falls due within eight weeks. Talk to us early so financing is in place before you commit.