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Financing · Payment Scheme

One Chuan Grove Payment Scheme

One Chuan Grove follows Singapore's Normal Progressive Payment Scheme (NPS). Pay in stages tied to construction milestones, from booking through to TOP (date to be announced). Includes progressive payment calculator.

One Chuan Grove — Normal Progressive Payment Scheme (NPS)

One Chuan Grove, as an uncompleted development, will follow Singapore's Normal Progressive Payment Scheme (NPS). Under NPS, payment is made in stages tied to the completion milestones of the building — meaning you only pay as construction progresses, not all at once at the point of purchase.

MilestoneStage% of Purchase PriceTiming
Upon signing Option to Purchase (OTP)Booking Fee5%At booking
Upon signing Sale & Purchase AgreementS&P Signing15% (less booking fee)Within 8 weeks of OTP
Completion of foundation worksFoundation10%TBC
Completion of reinforced concrete frameworkRC Framework10%TBC
Completion of brick wallsBrick Walls5%TBC
Completion of ceiling, roofing, windows & doorsCeiling / Roofing5%TBC
Completion of car park, roads & drainageCar Park / Roads5%TBC
Issuance of Temporary Occupation Permit (TOP)TOP25%TBC — TOP date not yet announced
Completion of development (Certificate of Statutory Completion)CSC / Legal Completion20%TBC
Total: 100% of purchase price. The stage percentages above follow Singapore's standard NPS schedule under the Housing Developers (Control and Licensing) Act. One Chuan Grove's actual construction timeline and TOP date have not yet been announced — exact milestones and percentages are subject to the developer's official S&P Agreement.
What NPS Means for One Chuan Grove Buyers

Cash Flow Benefits of Progressive Payment

Under NPS, One Chuan Grove buyers do not pay the full purchase price upfront. The staggered payment structure — tied to construction milestones — typically distributes cash outflow over several years from booking to legal completion, the exact span depending on the confirmed construction timeline. This gives buyers significant cash flow flexibility compared to buying a completed resale property.

For buyers financing with a bank loan, interest payments begin only on the amount disbursed at each milestone — not on the full loan amount from day one. This further reduces the effective carrying cost during the construction period.

Using CPF for One Chuan Grove

CPF OA for Progressive Payments

Singapore Citizens and PRs can use their CPF Ordinary Account (OA) savings to fund progressive payments for One Chuan Grove. CPF usage is applicable for BSD, the down payment portion, and subsequent progressive stage payments — subject to the Valuation Limit (VL) and Withdrawal Limit (WL) applicable to your property.

For 99-year leasehold properties like One Chuan Grove, CPF usage is subject to the property's remaining lease covering the youngest buyer to at least age 95. Register to speak with our sales team for a personalised CPF computation for your One Chuan Grove purchase.

Stamp duty (BSD & ABSD) guide → Loan eligibility & TDSR calculator → Payment & financing FAQ →

One Chuan Grove — Progressive Payment Calculator

Estimate your progressive payment schedule for One Chuan Grove based on your unit purchase price and loan amount.

One Chuan Grove — Progressive Payment Estimator
Your Progressive Payment Schedule
Loan disbursements reduce your cash payment at each stage. For indicative purposes only.

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