Kassia Payment Scheme

A home at Kassia is paid for in stages. Under the normal progressive payment scheme, each instalment falls due as a stage of construction is certified, from the booking fee to the final sum at statutory completion.

Progressive Payment Stages at Kassia

The Housing Developers Rules fix each stage and the share of the price payable when it is reached. The last column shows how much has been paid in total once that stage is certified.

Stage	% of price	Cumulative
Booking fee, on the grant of the option to purchase	5%	5%
Sale and purchase agreement, within 8 weeks	15%	20%
Completion of foundation	10%	30%
Completion of reinforced concrete framework	10%	40%
Completion of partition walls	5%	45%
Completion of roofing and ceiling	5%	50%
Completion of doors, windows, electrical wiring and plumbing	5%	55%
Completion of car park, roads and drains	5%	60%
Temporary Occupation Permit (TOP)	25%	85%
Certificate of Statutory Completion	15%	100%

Housing Developers Rules schedule, as read on 22 October 2026. Kassia is under construction, with vacant possession no later than 1 November 2029: instalments for any stage already certified when a home is booked are payable as the sale and purchase agreement sets out, and the Sales Concierge confirms them home by home.

Cash, CPF and the Bank Loan at Kassia

Cash pays the 5% booking fee. The buyer’s remaining share goes in before the bank releases anything, and MAS fixes how much of it must be cash. Without another housing loan, a buyer can borrow up to 75%; the booking fee meets the 5% cash minimum, and the next 20% can be cash or CPF Ordinary Account savings, subject to CPF rules.

Borrower	Max loan	Own funds	Minimum cash
No outstanding housing loan	75%	25%	5%
No outstanding loan, tenure over 30 years or past age 65	55%	45%	10%
One outstanding housing loan	45%	55%	25%
Two or more outstanding housing loans	35%	65%	25%

Source: MAS limits as read on 22 October 2026. They can change, so check with MAS or your bank before you sign.

On a 75% loan, booking (5%) and signing (15%) bring the buyer to 20%; half of the 10% foundation instalment tops this up to 25%, and from there the loan carries every stage. The housing loan page sets out when the reduced caps apply.

Booking a Kassia Home While Construction Is Under Way

On a project under construction, each instalment follows its stage. Where a stage has already been certified when a home is booked, its instalment falls due on the timetable in the sale and purchase agreement, together with the booking and signing sums; later stages are billed as they are reached. Interest on the loan runs only on the amount drawn, so the monthly repayment grows stage by stage towards completion.

The Sales Concierge sets out which stages have been certified at the time of booking, and the sums that fall due together.

Stage by stage

The loan is drawn as the building rises.

Interest is charged only on the sum the bank has paid out, so repayments start small and grow towards TOP.

Completion and the Final Kassia Instalments

The Temporary Occupation Permit brings a 25% instalment and the Certificate of Statutory Completion the final 15%. For Kassia the developer’s particulars give vacant possession no later than 1 November 2029 and legal completion no later than 1 November 2032, or three years after vacant possession if earlier; each home is bound by the dates in its own sale and purchase agreement.

Stamp duty is separate and payable early, as the stamp duty page explains. The progressive payment calculator shows the sum and an estimated monthly instalment at each stage for any price and loan you enter.

Open for sale

Request the Kassia Price List

Kassia is open for sale. Ask the Sales Concierge for the current price list. Showflat viewings are arranged by appointment through the Sales Concierge.