May 11, 2022 amoresidences Ang Mo Kio, Finances, Information

Thomson View Condominium relaunches for cumulative sale at $950 mil

Thomson View Condominium, located on Bright Hill Drive off Upper Thomson Road, will be relaunched for collective sale via public tender on May 12 at an overview cost of $950 million.

UOL Group Condo Details The Amo Residences Launch Date

If you have been thinking of purchasing an apartment in Ang Mo Kio, you might be wondering whether The Panorama is a good investment. This development has a good track record and has been well-received by investors. It offers a range of different floor plans that you can choose from. You can also ask the sales representative for a detailed floor plan booklet. Alternatively, you can also take a look at Centro Residences in Ang Mo Kio Avenue 8.

Located within the heart of the landed residential enclave of Ang Mo Kio, The Panorama is a brand-new development with 698 units that range from 1 to 5 bedrooms. Each …

January 21, 2021 amoresidences Finances

Progressive Payment Schedule

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[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 …

January 21, 2021 amoresidences Finances

Stamp Duty

[av_table purpose=’tabular’ pricing_table_design=’avia_pricing_default’ pricing_hidden_cells=” caption=’Stamp Duty Rates and Computation’ responsive_styling=’avia_scrollable_table’]
[av_row row_style=”][av_cell col_style=”]Purchase Price or Market Value of Property[/av_cell][av_cell col_style=”]Buyer Stamp Duty Rates for Residential Properties[/av_cell][av_cell col_style=”]Buyer Stamp Duty Rates for Commercial Properties[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]First $180,000[/av_cell][av_cell col_style=”]1%[/av_cell][av_cell col_style=”]1%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Next $180,000[/av_cell][av_cell col_style=”]2%[/av_cell][av_cell col_style=”]2%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Next $640,000[/av_cell][av_cell col_style=”]3%[/av_cell][av_cell col_style=”]3%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Remaining Amount[/av_cell][av_cell col_style=”]4%[/av_cell][av_cell col_style=”][/av_cell][/av_row]
[/av_table]

[av_table purpose=’tabular’ pricing_table_design=’avia_pricing_default’ pricing_hidden_cells=” caption=’Additional Buyer Stamp Duty Rates and Computation’ responsive_styling=’avia_scrollable_table’]
[av_row row_style=”][av_cell col_style=”]Nationality[/av_cell][av_cell col_style=”]1st Property[/av_cell][av_cell col_style=”]2nd Property[/av_cell][av_cell col_style=”]3rd Property[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Singapore Citizens[/av_cell][av_cell col_style=”]N.A[/av_cell][av_cell col_style=”]12%[/av_cell][av_cell col_style=”]15%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Permanent Residents[/av_cell][av_cell col_style=”]5%[/av_cell][av_cell col_style=”]15%[/av_cell][av_cell col_style=”]15%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Foreigners[/av_cell][av_cell col_style=”]20%[/av_cell][av_cell col_style=”]20%[/av_cell][av_cell col_style=”]20%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Entities / Companies[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][/av_row]
[/av_table]…

January 21, 2021 amoresidences Finances

Residential Housing Loan Information

[av_table purpose=’tabular’ pricing_table_design=’avia_pricing_default’ pricing_hidden_cells=” caption=’Residential Loan Information’ responsive_styling=’avia_responsive_table’]
[av_row row_style=”][av_cell col_style=”]Loan[/av_cell][av_cell col_style=”][/av_cell][av_cell col_style=”]First Loan[/av_cell][av_cell col_style=”][/av_cell][av_cell col_style=”][/av_cell][av_cell col_style=”]Second Loan[/av_cell][av_cell col_style=”][/av_cell][av_cell col_style=”][/av_cell][av_cell col_style=”]Third Loan[/av_cell][av_cell col_style=”][/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Age[/av_cell][av_cell col_style=”]Up to 65[/av_cell][av_cell col_style=”]Up to 70-75[/av_cell][av_cell col_style=”]Up to 70-75[/av_cell][av_cell col_style=”]Up to 65[/av_cell][av_cell col_style=”]Up to 70-75[/av_cell][av_cell col_style=”]Up to 70-75[/av_cell][av_cell col_style=”]Up to 65[/av_cell][av_cell col_style=”]Up to 70-75[/av_cell][av_cell col_style=”]Up to 70-75[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Loan Tenure[/av_cell][av_cell col_style=”]Up to 30 years[/av_cell][av_cell col_style=”]Up to 30 years[/av_cell][av_cell col_style=”]31-35 years[/av_cell][av_cell col_style=”]Up to 30 years[/av_cell][av_cell col_style=”]Up to 30 years[/av_cell][av_cell col_style=”]31-35 years[/av_cell][av_cell col_style=”]Up to 30 years[/av_cell][av_cell col_style=”]Up to 30 years[/av_cell][av_cell col_style=”]31-35 years[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Maximum Loan To Value (LTV) Limit[/av_cell][av_cell col_style=”]75%[/av_cell][av_cell col_style=”]55%[/av_cell][av_cell col_style=”]55%[/av_cell][av_cell col_style=”]45%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]35%[/av_cell][av_cell col_style=”]15%[/av_cell][av_cell col_style=”]15%[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Min
Cash
Down[/av_cell][av_cell col_style=”]5%[/av_cell][av_cell col_style=”]10%[/av_cell][av_cell col_style=”]10%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][av_cell col_style=”]25%[/av_cell][/av_row]
[/av_table]

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All Co-borrowers must be mortgagors. Also there is a Total Debt to …