Home Buyer's Guide
Buyer's guide
Step By Step Guide To Buying Property


Fill up registration form.


Choose Lot.


Pay deposit of 10% of purchase price.


Sign Sale & Purchase Agreement (SPA) immediately after paying the above deposit. If you are buying the house jointly, your co-purchaser should also sign the SPA on the same date. If you sign the SPA with the Developer’s appointed solicitors, you will only pay the disbursement fees. Developer will pay the legal fees for the SPA.


N.B. Otherwise all legal fees will be for your account.


Upon receiving the stamped copy of the SPA, you may apply for the housing loan either from the Developer’s panel of en-financier i.e. AmBank or from any other financial institution.


You are required to advise the Developer once your housing loan has been approved by the financial institution of your choice.


You are required to advise the Developer once your housing loan has been approved by the financial institution of your choice.


N.B. Any delay in informing the Developer may result in you having to pay the late interest charges at 10% per annum.


The selection of end-financier and the making of a prompt application for a housing loan are the sole of responsibility of the purchaser. The naming of an end-financier on the Developer’s panel does not amount to a representation or recommendation by the Developer. Any delay in processing an application for housing loan or in releasing progress payments which result in liability to pay overdue interest to the Developer under the Sales & Purchase Agreement shall not be affected by the selection to ensure their end-financiers make prompt release of loans.


After confirming your loan with your end-financier, you are to sign the Loan Agreement with the end-financier’s panel of solicitors and make payment for the legal fee charged on the approved loan amount.


You are required to settle the difference between the purchase price and the approved loan amount to Developer once this is due to the developer.


N.B. Your end-financier will not release any payments unless differential sum is fully paid.


Upon issuance of the individual title, you are required to pay the stamp duty and disbursement fees to the same Solicitor who prepared the SPA, for the transfer of the individual title to your name and your co-purchaser, if any.


While the construction is in progress, you will receive copies of the progress billing addressed to your en-financier for payment. You may know the progress of your house by referring to this letter.


N.B. it is your responsibility to follow-up with the end-financier or solicitor, so that payment will be released within the due date to avoid late payment charges.