Progressive Payment Schedule

[av_table purpose=’tabular’ pricing_table_design=’avia_pricing_default’ pricing_hidden_cells=” caption=’Progressive Payment Stages’ responsive_styling=’avia_scrollable_table’]
[av_row row_style=”][av_cell col_style=”]Construction Stage[/av_cell][av_cell col_style=”]Percentage of Purchase Price[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Issue of Option to Purchase (OTP)[/av_cell][av_cell col_style=”]5%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon signing Agreement / Within 8 weeks immediately after date of Option[/av_cell][av_cell col_style=”]20% (Less the 5% Booking Fee which was paid above)[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Completion of Foundation Work[/av_cell][av_cell col_style=”]10%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Completion of Reinforced Concrete Framework[/av_cell][av_cell col_style=”]10%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Completion of Partition Walls[/av_cell][av_cell col_style=”]5%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Completion of Roofing[/av_cell][av_cell col_style=”]5%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Completion of Door sub-frames / door frames, window frames, electrical wiring (without fittings), internal plastering and plumbing[/av_cell][av_cell col_style=”]5%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Completion Car park, roads and drains serving the housing project[/av_cell][av_cell col_style=”]5%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Upon Completion Building, roads and drainage and sewerage works in the housing estate, connection of water, electricity and gas supplies

(At this stage the Temporary Occupation Permit is typically released, meaning you can pick up your keys and move in)[/av_cell][av_cell col_style=”]25%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Final Payment Date and/or Completion (might be staggered further depending on when the Certificate of Statutory Completion is issued)[/av_cell][av_cell col_style=”]15%[/av_cell][/av_row]
[/av_table]

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