Sengkang Connection Payment Scheme

Sengkang Connection will be sold as a building under construction, so payment follows the Progressive Payment Scheme. Instead of paying the full price at once, you pay in stages tied to verified construction milestones, each certified by the project architect.

Sengkang Connection Progressive Payment Schedule

The booking fee and Sale & Purchase Agreement are combined into a single 20% S&P period, followed by five construction stages of 5% each, 25% at Temporary Occupation Permit and a final 10% on completion. GST at 9% falls due alongside every instalment.

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Standard industrial progressive payment schedule for a building under construction. Timelines are indicative and depend on the developer's construction programme. Confirm the actual schedule in the Sale & Purchase Agreement.

GST Accrues at Every Sengkang Connection Stage

GST at 9% is payable on each progressive instalment as it falls due, not as a single lump at the end — the point most often missed when budgeting. On a $620,000 unit, the 20% S&P payment of $124,000 carries $11,160 of GST alongside it, and every subsequent stage draw carries its own.

As a guideline, where the buyer is an operating company already GST-registered, this may be recoverable as input tax as it is incurred; where the buyer is a non-operating company, claims would not usually begin until after TOP and the commencement of operating activities. Either way the cash leaves the business first, so model the timing rather than the net figure. The stamp duty and GST page sets out both, subject to the rules set by IRAS.

Rates are current as at August 2026 and are subject to change. Confirm with IRAS, MAS or your bank before commitment.

How the Sengkang Connection Payment Stages Work

The S&P period covers the first 20%, payable across roughly eight weeks from booking through to signing the Sale and Purchase Agreement. That full 20% plus its GST is committed before any construction draw begins.

From foundation onwards each stage is certified by the architect before the developer may invoice. Your bank disburses the loan progressively against those certificates, which is why interest accrues gradually rather than on the full loan from day one.

The 25% due at TOP is the largest single instalment and coincides with the point you take possession and can begin fitting out. The final 10% is released on completion, once the Certificate of Statutory Completion is issued.

Cash Flow Planning for Sengkang Connection

Three things are worth planning for. First, the initial 20% falls due within roughly two months and is normally funded from cash rather than the loan, alongside stamp duty and GST. Second, GST at 9% accrues instalment by instalment rather than landing in one sum. Third, progressive interest builds only on what the bank has actually disbursed, so the carrying cost rises gradually through construction.

Owner-occupiers moving from leased premises should map the overlap with existing rent against the draw schedule — the purchase calculator lays out both side by side.

Deferred Payment for Sengkang Connection

Deferred payment arrangements are sometimes introduced at particular points in an industrial sales campaign. Register your interest to be told immediately if one is offered here.

The industrial purchase calculator applies this schedule to any purchase price and shows the loan disbursement and monthly repayment at each stage.

See the stamp duty and GST page for statutory costs and the industrial loan page for financing.