J Gateway condo @Jurong East MRT

Recommended selling price of J Gateway condo (mid floor)

1BR          474sf – $1,650 / $ 750k

2BR (C)    603sf – $1,530 / $930k

2BR (S)    678sf – $1,600 / 1.0m

3BR (C)    893sf – $1,400 / 1.2m

3BR (S)    947sf – $1,450 / 1.3m

4BR (S) 1,163sf – $1,450 / 1.6m

Residential Properties – scheduled of Payments

1^st Payment        Upon obtaining Option To Purchase(OTP)    5%

                           Upon signing of Sales & Purchase Agreement     15%

2^nd Payment       On completion of foundation work    10%            

3^rd Payment       On completion of reinforced concrete framework    10%

4^th Payment        On completion of brick wall    5%

5^th Payment        On completion of ceiling/roofing    5%

6^th Payment        On Completion of doors and window frames are in position, electrical wiring (without fittings) & plumbing & Internal plastering     5%

7^th Payment        Completion of car park, road and drains and drains serving the housing project    5%

8^th Payment        On production of the Temporary Occupation Permit (TOP) and the Architect’s Certificate of Completion   25%

9^th Payment        Upon completion of the Sales & Purchase    2%

Upon production of the Certificate of Statutory Completion     8%

On the expiry of 12 months from the date of notice to take vacant possession   5%