What Is the Payment Scheme for Aurea?

Published 8 October 2026 · Figures as at October 2026

The Short Answer for Aurea

Aurea is sold on the normal progressive payment scheme for a building under construction. The buyer pays 5% to book, 15% on signing the sale and purchase agreement, and the remaining 80% in instalments tied to construction milestones, ending with 15% on the Certificate of Statutory Completion.

Because the instalments follow the building, the bank’s loan is drawn in stages too, and interest is paid only on what has been drawn. That makes the monthly outlay smallest in the early years and largest towards completion, which the developer expects by 31 March 2030 for vacant possession.

The Aurea Payment Stages

The stages are set by the Housing Developers Rules. After the 5% booking fee and the 15% on signing, the buyer pays 10% on completion of the foundation, 10% on the reinforced concrete framework, 5% each on the partition walls, the roofing and ceiling, the doors, windows, wiring and plumbing, and the car park, roads and drains, then 25% on the Temporary Occupation Permit and 15% on the Certificate of Statutory Completion.

Where some stages have already been certified at the time a home is booked, those instalments fall due on the timetable in the sale and purchase agreement rather than later. The Sales Concierge confirms which stages have been reached. The full table is on the Aurea payment scheme page.

Cash, CPF and the Loan at Aurea

Before the bank lends anything, the buyer pays their own share of the price. For a buyer with no outstanding housing loan, the bank may lend up to 75%, so the buyer’s share is 25%: at least 5% in cash, which the booking fee covers, and 20% in cash or CPF Ordinary Account savings. A buyer already servicing one housing loan may borrow only 45%, with at least 25% of the price in cash; with two or more loans the limit is 35%.

A loan with a tenure over 30 years, or one that would run past the borrower’s 65th birthday, falls into a lower band of 55%, 25% or 15%, and on a first loan the minimum cash rises to 10%. These are the MAS limits as at October 2026, and the housing loan page sets them out in full.

A Worked Aurea Example

As an illustration only, take a price of $2,000,000, which is not the price of any home at Aurea, and a Singapore Citizen buying a first home with a 75% loan. The buyer pays $100,000 in cash to book and $300,000 in cash or CPF on signing the agreement. Half of the 10% foundation instalment, $100,000, completes the buyer’s 25% share, and the bank pays the other $100,000.

From then on the bank pays each certified stage, and the repayment grows with it. Buyer’s Stamp Duty of $69,600 is paid separately within 14 days of signing. The Aurea progressive payment calculator shows the drawdown and the estimated monthly instalment at every stage for any price, tenure and rate.

Why the Aurea Scheme Suits Buyers Who Are Selling

A buyer who is not selling has a simpler path, but the same principle applies: the cash needed in the first weeks is fixed by the booking fee, the 15% on signing and the stamp duty, while the loan carries most of the later stages. Knowing that early figure, and keeping it separate from CPF savings that can only be used for certain parts of the price, avoids a shortfall at the most time-sensitive point of the purchase.

The progressive scheme spreads the larger payments into the later years of construction. For a household that already owns a home and plans to sell it, that timing matters: the first 20% is paid at the start, but the 25% on TOP and the final 15% fall due only as the building nears completion. The sale of an existing home can be planned to release cash before those dates.

There is a catch to plan for. A buyer who still has a housing loan outstanding when buying at Aurea is limited to a 45% loan, with at least 25% of the price in cash, and a Singapore Citizen buying a second residential property pays 20% ABSD, which may be refunded for a married couple who sell their first home within the period IRAS allows. The order of selling and buying therefore changes both the loan and the duty. The housing loan page and the stamp duty page set out both rules.

Planning the Aurea Timeline

Because the tower is a single 45-storey block, its stages are reached in sequence over the construction period, and the larger instalments come towards the end: 25% on TOP and 15% on statutory completion, with legal completion expected by 31 March 2033. A buyer selling another home to fund the purchase can plan that sale around these dates.

Interest rates during construction affect only the amount drawn, so a buyer can review the loan package as the building nears completion. Stamp duty, by contrast, is paid at the start, as the stamp duty page explains. The Sales Concierge can prepare a schedule for a chosen home at a showflat appointment.