Homes at Duet @ Emily are sold under the Normal Progressive Payment Scheme. A buyer pays 5 per cent on the Option to Purchase and 15 per cent on signing the Sale and Purchase Agreement, then the remaining 80 per cent in stages as construction is certified, through to the Temporary Occupation Permit and the Certificate of Statutory Completion.
The Duet @ Emily payment stages
| Stage | % of price |
|---|---|
| Option to Purchase (booking fee) | 5% |
| Sale and Purchase Agreement (within 8 weeks) | 15% |
| Foundation | 10% |
| Reinforced concrete framework | 10% |
| Partition walls | 5% |
| Roofing and ceiling | 5% |
| Doors, windows, wiring, plumbing | 5% |
| Car park, roads and drains | 5% |
| Temporary Occupation Permit | 25% |
| Certificate of Statutory Completion | 15% |
Standard schedule for private homes sold before completion; the Duet @ Emily Sale and Purchase Agreement governs.
How the loan is drawn at Duet @ Emily
The downpayment comes first. At the 75 per cent loan-to-value tier, the buyer’s own 25 per cent covers the booking fee, the Sale and Purchase payment and part of the foundation stage; the bank then disburses the loan as each later stage is certified. Monthly instalments therefore start small and grow as the building rises, reaching their full level once the loan is fully drawn.
Cash and CPF on a Duet @ Emily purchase
The 5 per cent booking fee must be paid in cash. The minimum cash component is 5 per cent of the price for a buyer taking a first housing loan at up to 30 years, and 25 per cent for a buyer with an existing housing loan; the rest of the downpayment may come from CPF Ordinary Account savings.
The Duet @ Emily timeline
The developer expects vacant possession on 31 December 2028 and legal completion on 31 December 2031. The restoration of the conserved building and the construction of the annex proceed together, so stage payments follow the certified progress of the whole development.
A worked illustration
Taking a round $1,500,000 purely as an illustration, the booking fee on the Option is $75,000 and the payment on the Sale and Purchase Agreement a further $225,000. With a first housing loan at 75 per cent and a 30-year tenure, the buyer’s own 25 per cent — $375,000 — covers those two payments and the first half of the foundation stage, and the bank’s first disbursement is the remaining 5 per cent of the price, $75,000. From there the loan is drawn stage by stage until the full $1,125,000 is disbursed at completion.
At a 1.5 per cent interest rate, the monthly instalment on the first disbursement is modest, and it rises with each stage. The calculator shows the figures for any price, tenure and buyer profile.
Why progressive payments suit many buyers
Because the loan is drawn over the construction period, a buyer pays interest only on what has been disbursed. For a household living elsewhere during construction, this keeps the monthly outlay lower in the early years. For a household that already owns a home and plans to sell it, the staged schedule gives time to arrange the sale, though ABSD and the loan-to-value limits for a second property apply until the first home is sold.
Documents and legal completion
Rajah & Tann Singapore LLP acts as solicitor for the developer. The Certificate of Statutory Completion payment of 15 per cent is made when the development obtains its CSC, and legal completion follows once the strata titles are issued — expected by 31 December 2031, according to the developer.
Instalments during construction
Because the loan is drawn as each stage is certified, the monthly instalment grows in steps through construction and reaches its full level once the Temporary Occupation Permit and Certificate of Statutory Completion payments are made. Planning for that rising instalment, rather than only the first one, keeps the household budget realistic. The calculator lists the estimated instalment after each stage.
In Short: The Duet @ Emily Payment Scheme
Duet @ Emily is paid for under the Normal Progressive Payment Scheme: 5 per cent on the Option, 15 per cent on the Sale and Purchase Agreement, and the remaining 80 per cent in stages through to the Certificate of Statutory Completion. The loan is drawn progressively, so instalments begin small and rise as the building is completed, with vacant possession expected by 31 December 2028.
Modelling a Duet @ Emily schedule
The progressive payment calculator maps cash, CPF, loan and instalments stage by stage, and the payment scheme page sets out the schedule. The housing loan page explains the limits on borrowing.