Peck Hay Road Residences Payment Scheme

A payment scheme for Peck Hay Road Residences depends on the final price, which CDL and Garden Estates have not announced.

What buyers should know

Payments for a new private condo follow the stages of construction, so you need cash for the booking fee and down payment, then instalments as the tower rises.

No price, booking date or stage schedule has been announced for the Newton project.

Contact Davis Ng for the unit price breakdown and payment schedule as soon as they are released.

Construction Stage% of Purchase Price
Upon grant of Option to Purchase (booking)5%
Upon signing S&P / within 8 weeks15%
Completion of foundation work10%
Completion of reinforced concrete framework10%
Completion of brick walls5%
Completion of ceiling5%
Completion of door/window frames, plumbing, wiring5%
Completion of car parks, roads & drains5%
Temporary Occupation Permit (TOP)25%
Certificate of Statutory Completion (CSC)15%

Standard schedule for illustration; actual stages and timing follow the developer and construction progress. Calculate your payment by stage →

Stamp Duty

On top of the purchase price, Buyer's Stamp Duty (BSD) applies to every purchase, and Additional Buyer's Stamp Duty (ABSD) may apply depending on your profile. See the full Peck Hay Road Residences stamp duty guide →

Peck Hay Road Residences Payment & Stamp Duty — FAQ

Can I see Peck Hay Road payment amounts in dollars?

Not yet, since no price is set. Once it is, Davis Ng can work out each stage for the unit you choose.

Do I pay more for a higher floor at Peck Hay Road in the early stages?

The stages are percentages of the price, so a higher-priced stack means larger payments at each stage; ask for the schedule for your unit.

Explore Peck Hay Road Residences

Get a Peck Hay Road Residences Payment Breakdown

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Last updated: 15 October 2026

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