CM = Control Measure
CM5 - 07 Dec 2011
[url]http://app.mnd.gov.sg/Newsroom/NewsPage.aspx?ID=3202&category=Press%20Release&year=2011&RA1=&RA2=&RA3=[/url]
CM4 - 13 Jan 2011
[url]http://app.mnd.gov.sg/Newsroom/NewsPage.aspx?ID=2488&category=Press%20Release&year=2011&RA1=&RA2=&RA3=[/url]
CM3 - 30 Aug 2010
[url]http://app.mnd.gov.sg/Newsroom/NewsPage.aspx?ID=2633&category=Press%20Release&year=2010&RA1=&RA2=&RA3=http://app.mnd.gov.sg/Newsroom/NewsP...RA1=&RA2=&RA3=[/url]
CM2 - 19 Feb 2010
[url]http://app.mnd.gov.sg/Newsroom/NewsPage.aspx?ID=2624&category=Press%20Release&year=2010&RA1=&RA2=&RA3=[/url]
CM1 -14 Sep 2009
[url]http://app.mnd.gov.sg/Newsroom/NewsPage.aspx?ID=2448&category=Press%20Release&year=2009&RA1=&RA2=&RA3=[/url]
| Deferred Payment Scheme | |||||||||||||||||
| A Deferred Payment Scheme is a payment scheme whereby developers allow purchasers to defer the due date for the progress payments under the standard payment scheme to a later date. The developer is required to seek the approval of the Controller of Housing before offering any form of deferred payment scheme to purchasers. On 26 Oct 2007, the Government withdrew the deferred payment scheme, i.e. applications from developers to offer deferred payment scheme for new housing projects will not be approved. However, developers who have already obtained the Controller’s approval to offer a deferred payment scheme may continue to offer it to purchasers after 26 Oct 2007. Purchasers are advised to check with the developers on the payment scheme being offered. There are various combinations of deferred payment scheme, 2 examples of such schemes are illustrated in the following table. | |||||||||||||||||
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