Piccadilly Grand Project Information
CDL & MCL Land
To be Confirmed
What are the steps in acquiring the new launch property?
The Buyer books a viewing slot through the appointed salesperson to view the new launch. After viewing, The Buyer shows interest by signing an Express of Interest (EOI) Form and submitting a cheque (crossed & made payable to project account) to select and purchase a unit on Booking Day (Price will only be released on the Booking Day). The cheque will be returned if the buyer decides to not book a unit.
Upon securing a unit, the Buyer will sign the Particular, Documents & Information (PDI Form 3), submit 5% booking fee (cheque/cashier order), NRIC/Passport copy & other required forms by the developer prior to issuing Option to Purchase (OTP).
Within 2 weeks from the OTP date, the Buyer or their appointed lawyer will receive Sales & Purchase Agreement and a copy of the Title Deed form from the developer’s lawyer.
Within 3 weeks from the receipt of S&P, the Buyer exercises OTP by signing the Sales & Purchase Agreement and return the signed copies to the developer’s lawyer.
Within 2 weeks after signing the S&P, the Buyer pays Stamp Duty (and ABSD if applicable).
Within 8 weeks from the OTP date, the Buyer pays 15% and other progressive payments due.
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