Plan Your Purchase
Financing
Understand the Progressive Payment Scheme, estimate your monthly instalment, plan for stamp duties, and see the step-by-step path to securing your home.
Mortgage Estimator
Monthly Instalment Calculator
Adjust the figures below for an indicative monthly repayment. For exact figures, speak with our partner bankers.
Indicative only. Actual loan eligibility is subject to TDSR/MSR rules, bank approval and prevailing interest rates. Not a loan offer.
Still Under Construction
Progressive Payment Scheme
Union Square Residences is a Building Under Construction — with indicative TOP around Q1 2029 — so units are still sold under the Sale & Purchase Agreement's progressive payment schedule. You pay in stages tied to construction milestones, not all at once.
Because construction is already well underway, any milestones already completed at the time of purchase become payable shortly after you sign the S&P; the remaining stages are then paid progressively as each milestone is reached.
| Stage | Construction Milestone | % of Price |
|---|---|---|
| Booking | Upon grant of Option to Purchase (booking fee) | 5% |
| Signing S&P | Within 8 weeks from Option date | 15% |
| Foundation | Completion of foundation work | 10% |
| Reinforced Concrete | Completion of RC framework | 10% |
| Brick Walls | Completion of partition walls | 5% |
| Roofing/Ceiling | Completion of roofing & ceiling | 5% |
| Door Frames, Wiring & Plumbing | Completion of door/window frames, electrical wiring & plumbing | 5% |
| Car Park, Roads & Drains | Completion of car park, roads and drains serving the development | 5% |
| TOP (Vacant Possession) | Notice of Vacant Possession with services connected | 25% |
| Legal Completion (CSC) | On Certificate of Statutory Completion | 15% |
Standard Singapore progressive payment stages shown for illustration. Refer to the Sale & Purchase Agreement for the governing schedule. Indicative TOP: Q1 2029 · Expected Vacant Possession (long-stop): 15 March 2031. Speak to us for the exact stages already completed and the payment due on purchase today.
Plan For Upfront Costs
Stamp Duty & Affordability
Beyond the purchase price, buyers should budget for Buyer's Stamp Duty (BSD) and, where applicable, Additional Buyer's Stamp Duty (ABSD). Use the estimator to plan your cash and CPF outlay.
- BSD applies to all buyers on a tiered scale up to 6%.
- ABSD depends on residency status and number of properties owned.
- LTV for a first housing loan is typically up to 75%, with a minimum 5% cash down payment.
Figures are indicative and based on prevailing rules. Confirm your exact position with a qualified mortgage or tax adviser.
Estimates based on prevailing IRAS rates. ABSD is subject to your residency & property count and may qualify for remission. Verify before purchase.
Your Path To Ownership
The Booking Process
Showflat Viewing
Tour the show units, review floor plans, availability and indicative pricing with the developer sales team.
Booking Fee & OTP
Select your unit and pay the 5% booking fee to receive the Option to Purchase (OTP).
Exercise & S&P
Within 8 weeks, exercise the option and sign the Sale & Purchase Agreement; pay stamp duties.
Progressive Payments
Your bank disburses progressively as construction reaches each milestone, through to TOP.
Personalised Financial Planning
Get A Tailored Cost Breakdown
Our team can prepare a full financial plan — purchase price, stamp duties, loan and monthly instalment — for your preferred unit.
Book Showflat Viewing