A home at Pinery Residences is bought before completion, so the price is paid in stages as construction progresses, under the standard progressive payment scheme for uncompleted private homes.
Pinery Residences Progressive Payment Stages
The first 5% is paid when the option to purchase is granted, and a further 15% when the sale and purchase agreement is signed, within eight weeks. That 20% is the downpayment.
The remaining 80% follows the building. Six construction milestones account for 40% of the price, the Temporary Occupation Permit for 25%, and the Certificate of Statutory Completion for the final 15%.
| Stage | Share of price | Usually paid from |
|---|---|---|
| Option to purchase (booking fee) | 5% | Cash |
| Sale and purchase agreement, within 8 weeks of the option | 15% | Cash or CPF |
| Foundation work completed | 10% | Loan, CPF or cash |
| Reinforced concrete framework completed | 10% | Loan, CPF or cash |
| Partition walls completed | 5% | Loan, CPF or cash |
| Roofing and ceiling completed | 5% | Loan, CPF or cash |
| Doors, windows, electrical wiring and plumbing completed | 5% | Loan, CPF or cash |
| Car park, roads and drains completed | 5% | Loan, CPF or cash |
| Temporary Occupation Permit | 25% | Loan, CPF or cash |
| Certificate of Statutory Completion | 15% | Loan, CPF or cash |
The standard schedule for uncompleted private homes. The sale and purchase agreement sets out the binding terms for Pinery Residences.
Paying the Pinery Residences Downpayment
The 20% downpayment can combine cash and CPF Ordinary Account savings, but MAS requires part of it in cash. On a first home loan at the 75% limit, at least 5% of the price is paid in cash and the other 15% may come from CPF, cash or both.
If the loan tenure exceeds 30 years or runs past age 65, the first-loan limit falls to 55% and the cash minimum rises to 10%. On a second or later home loan, the minimum cash payment is 25%.
Stamp duty falls due within 14 days of signing, at the same point as the downpayment; the stamp duty page has the rates.
Payment terms on request.
The Sales Concierge shares the developer’s payment terms with the price list.
CPF Savings and the Pinery Residences 99-Year Lease
Pinery Residences stands on a 99-year lease from 7 January 2025. Under CPF Board rules, Ordinary Account savings can be used in full when the remaining lease covers the youngest buyer to age 95.
A lease of this length leaves ample remaining term for buyers of working age; CPF Board confirms the usable amount for each household at the point of purchase.
Source: CPF Board rules on using Ordinary Account savings for private property; checked 13 November 2026.
How Pinery Residences Instalments Grow During Construction
The bank releases the loan stage by stage, so interest is charged only on what has been drawn. On a 75% loan, the buyer’s own 25% is spent first, and the bank’s first release covers the last 5% of the foundation stage.
Monthly repayments therefore start small and rise with each release, reaching the full amount after the Certificate of Statutory Completion. The progressive payment calculator works this through for any price, tenure and rate.
Register for Pinery Residences
Pinery Residences is open for sale. Register with the Sales Concierge to receive the price list, the e-brochure and the current unit availability, and to arrange a showflat viewing at a time that suits you.
What the Sales Concierge sends you
- The current price list and the units open for selection on the balance units chart.
- The e-brochure and the floor plans for the home types you are weighing.
- A showflat appointment on a day and time of your choosing.
- Your first loan estimate from the TDSR calculator, set beside the stamp duty on your purchase.
Enquire About Pinery Residences
Every enquiry receives a personal reply from the Sales Concierge.
Prefer to talk? Call or WhatsApp the Sales Concierge on 6200 6220.