Coastal Cabana EC Pricing will be released nearer to launch date. Please register your interest to receive notifications about the price list and secure priority preview slots at the Coastal Cabana EC Showflat once the information becomes available.

Coastal Cabana EC is a luxury high rise executive condominium located at Jalan Loyang Besar, District 18. Developed by China Communications Construction Company Limited, ZACD Group, QingJian Realty ,the new condo at Pasir Ris is conveniently located near Pasir Ris MRT and many popular food places and amenities.

Coastal Cabana EC is close proximity to schools such as Pasir Ris Primary School, Casuarina Primary School, Elias Park Primary School, and White Sands Primary School and Hai Sing Catholic School. These schools are recognized for their dedication to providing high-quality education and fostering well-rounded development in students. Additionally, for those seeking higher education opportunities, Tampines Meridian Junior College, Temasek Polytechnic, Overseas Family School and UWCSEA East and more. The CBD is just minutes’ drive and train away.

Most individuals looking to purchase an Executive Condominium (EC) in Singapore find the financing options available to them to be a key aspect of their buying journey. Understanding the different payment schemes can empower you to make informed decisions that suit your financial situation. Here, you will discover two primary payment schemes that are commonly offered for Executive Condominium purchases.

The first payment scheme is the Normal Progressive Payment Scheme. Under this option, payments are made to the developer as the construction of the property progresses. This scheme allows you to align your payment schedule with the completion milestones of your new home. Typically, payments are structured across a series of stages, such as when the foundation is completed, when the structure is topped off, and upon receiving the Temporary Occupation Permit (TOP). This means that your financial commitment is spread out, alleviating the burden of a large upfront payment. It’s an appealing choice for many buyers, as it allows you to manage your cash flow more effectively during the building period.

When opting for the Normal Progressive Payment Scheme (NPS), you will also have time to arrange your mortgage and other financing options as your property’s completion date approaches. As you make these payments, the expectation is that you will also have a clearer understanding of your future financial responsibilities once you receive the keys to your new EC. Additionally, this scheme helps buyers stay informed about their investment, giving you periodic updates on progress and enabling you to engage with the developer in a meaningful way.

The second payment scheme available for your Executive Condominium purchase is the Deferred Payment Scheme. In this option, you will need to make a 20% of the payment upfront—often at the time of signing the Sale and Purchase Agreement. The selling price is typically 3% more than the normal purchase price. You need to pay 65% of the purchase price before or at the time of obtaining the keys to the unit. (During TOP)

This deferred payment scheme (DPS) can appeal to you as you can continue staying in your current home. With this scheme, you can purchase your home outright without having to make further payments as construction progresses, thus simplifying your financial commitments. It is beneficial if you wish to avoid lengthy installment plans and prefer to settle only the 20% deposit upfront. However, this option may require significant financial planning to ensure you can manage the balance payments upon TOP.

Regardless of which payment scheme you choose, it’s important to evaluate your financial readiness, budgeting capabilities, and long-term homeownership goals. Consulting a financial advisor can be beneficial as you navigate your options for financing your Executive Condominium. Understanding your available payment schemes allows you to launch on your property journey with more confidence, ensuring that your investment aligns with both your lifestyle and financial aspirations.

Book an appointment with us today to understand which scheme suits you more for Coastal Cabana.