Payment Scheme
Normal Payment Scheme (NPS)
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
| Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
| Upon the grant of Option to Purchase | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| On Completion date | 15% |
PROUDLY DEVELOPED BY FLORENCE DEVELOPMENT PTE LTD (LOGAN PROPERTY COMPANY PTE LTD)
Developer: Florence Development Pte Ltd (Logan Property Holdings Company Limited)
Developer License No: C1299
UEN: 201730501G
Muki Lot: 09671C, 09673W MK22
Expected TOP: 31 Mar 2023
Expected CSC: 31 Mar 2026
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