Buying a Rezi 24 Residences follows a gradual payment schedule. Each home buyer has a different payment schedule. This depends on the number of loans you have at the moment, as well as the price of Rezi 24. Borrowers are allowed to loan up to 75 percent for the first time. The percentage depends on the monthly income of the individual.
The Rezi 24 Condo's initial payment schedule follows:
1. Reservation fee of 5% of Rezi 24 price
2. The amount varies according to citizenship and the number of properties on hand. This means Payment of Stamp Duty and Additional Buyer's Stamp Duty (if any).
3. 15% Payment shall be made within 8 weeks of the booking date.
The subsequent payment could be made within one year after the foundation has been established.
The most attractive thing about new launch property that is follow a Progressive Payment Scheme, which also allows you to service your loan monthly via the stages when the property is constructed. To see more clearly, please take look in the table below.
|Normal Payment (Progressive Payment)|
|Stage||% Of Purchase Price|
|Upon Granting 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 the reinforced concrete framework of the unit||10%|
|Completion of partition walls of the 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%|
|Temporary Occupation Permit or Certificate of Statutory Completion||25%|
|On completion date||15%|
✔ Rare FREEHOLD development in District 14
✔ Close to Dakota MRT, Aljunied MRT Station, Mountbatten MRT Station
✔ East Coast Parkway and Pan Island Expressway are available
✔ Near Singapore Badminton Hall, Geylang Stadium, Kallang Netball Centre, Kallang Squash & Tennis Centre
✔ Affordable entry pricing
✔ Just 7 mins' drive to Fairprice, Cold Storage, Giant
✔ Potential capital appreciation because of its low psf
✔ Further increase in property value when Paya Lebar Airbase shifts
✔ High rental return and yield
Rezi 24 Geylang is such a dominant enclave prominent for both locals and foreign investors alike. It is the most sought after place after the liver Central Business District despite the size of its territory. Located on the attractive roof terrace, it is one of several exceptional recreational features that have been conceived to let you live life to the fullest. Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, Rezi 24 is an worthy property you should be choose it for your home.
Rezi 24 VIP preview comes with attractive discount, kindly contact us on how to enjoy this direct developer discounts, please see below of the exiting amenities that is nearby this development to determine the selling price. On the other hand, engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price and secure your favourite units.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Rezi 24 condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.