May I know which development are you referring to? There could still be some leftover or drop out units by earlier buyers, sometimes due to eligibility criteria or other reasons. For EC projects that have TOPed, some owners may have the permission from HDB to sell it prior MOP, but the purchasers of these units will still be required to fulfill the eligibility criteria in order to purchase.
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For the listing you have sent, I believe it is a bit misleading but the agent has indicated that he is collecting interest from buyers who are still keen in this project and will consider any drop out units if there is any, so basically it is like putting yourself on the waiting list.
For normal payment scheme, you will need to pay 20% minimally up front for the downpayment, and depending on the stage of construction now, and pay the 5% upon completion of the foundation works where loan repayment will kick in at this stage (not the full amount). For deferred payment scheme, you will need to pay 20% up front for the downpayment with the next 65% upon TOP and balance 15% on completion date.
https://www.propertyguru.com.sg/listing/for-sale-provence-residence-24405443
May I know for those leftover or drop out units, would the requirements be similar to a regular resale condo where I would need to sell my current flat before paying the downpayment upfronts immediately? Or would it only need to paid upon key collection?