Purchase Timeline

Residential Purchase Timeline

S/No.TimelineDescriptionPayment
1.Day 1Acknowledgement of the Option To Purchase (OTP) upon receipt of Booking Fee5% Booking Fee (of purchase price)
2.Within 14 calendar days from OTP date or S/No. 1Sales & Purchase Agreement (S&P) will be sent to the purchaser’s appointed solicitorsN.A.
3.Within 21 days from S&P date or S/No. 2Purchaser to exercise S&PN.A.
4.Within 14 days from Exercising S&PPurchaser to pay Buyer’s Stamp Duty (BSD) and/or Additional Buyer’s Stamp Duty (ABSD)Refer to Stamp Duty Page
5.Within 21 days after Exercising S&P (i.e. 7 days after paying stamp duties)Purchaser to pay remaining 15% downpayment + any other progressive payments. Loan may be disbursed at this point.15% + Further Progressive Payments (if applicable)

Timeline stated may be earlier than stated. Standard completion timeline of 8 weeks occurs from OTP date. Any requests in delays must be written in to the developers of Midtown Modern, and subjected to approval.

For further progressive payments (as pointed out in S/No. 5), kindly refer to payment scheme.

Book An Appointment to View Midtown Modern Sales Gallery & Get Direct Developer VVIP Discounts (Limited Time Only) & Full E-Brochure. No Obligations at Best Price Possible!

OR

Fill up the Form on the Right and get a Copy of Midtown Modern Prices, E-Brochure, and Latest Updates!

Strictly No Spam Policy. Unsubscribe Anytime.

  • Tell us how we can help you by providing as much details as you can
error: Content is protected !!