[rev_slider_vc alias=”mainslider”]Normal Payment Scheme (NPS), also known as Progressive Payment Scheme, allows you to service your loan via monthly installments progressively stage by stage as the property is being built.Stages,Payment%20Under%20a%20Standard%20Payment%20Scheme%20(%25%20of%20Purchase%20Price)|Upon%20the%20grant%20of%20Option%20to%20Purchase,5%25%20(Booking%20Fee)|Upon%20signing%20of%20the%20Sale%20%26%20Purchase%20Agreement%20or%20within%208%20weeks%20from%20the%20Option%20date,15%25|Completion%20of%20foundation%20work,10%25|Completion%20of%20partition%20walls%20of%20unit,5%25|Completion%20of%20roofing%2Fceiling%20of%20unit,5%25|Completion%20of%20door%20sub-frames%2F%20door%20frames%2C%20window%20frames%2C%20electrical%20wiring%2C%20internal%20plastering%20and%20plumbing%20of%20unit,5%25|Completion%20of%20car%20park%2C%20roads%20and%20drains%20serving%20the%20housing%20project,5%25|Notice%20of%20Vacant%20Possession%20(TOP),25%25|On%20Completion%20date,15%25Deferred Payment Scheme (DPS) allows homeowners to start servicing their loan only when the EC is ready for occupation, ie; when owners receive the keys to their EC. DPS is most popular amongst buyers who currently own an HDB and have monthly installments to service. This allows them to better manage their finances as they do not have to service both loans (HDB & EC) concurrently.Stages,Payment%20Under%20a%20Standard%20Payment%20Scheme%20(%25%20of%20Purchase%20Price)|Upon%20the%20grant%20of%20Option%20to%20Purchase,5%25%20(Booking%20Fee)|Upon%20signing%20of%20the%20Sale%20%26%20Purchase%20Agreement%20or%20within%208%20weeks%20from%20the%20Option%20date,15%25|Notice%20of%20Vacant%20Possession%20(TOP),65%25|On%20Completion%20date,15%25
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