DETAILS & FINANCING

BASIC INFORMATION

Development NameKingsford Waterbay
Address50, 52, 54, 56, 68, 60, 62, 64, 66, 68, 70, 72, 74, 76, 78, 80, 82, 84 Upper Serangoon View
Tenure99-Year Leasehold
TOPNo Later Than 1 Dec 2018
Land SizeApprox 27,295.3 sqm/ 293,806.6 sqft
Total Blocks/ Storeys9 Blocks of 16 Storeys + 8 Townhouses of 2 Storeys
Residential Units1165 Residential Units (including 8 Townhouses)
Shops6 Commercial Units + 1 Childcare Centre
Car ParkBasement Car Park: 1165 lots + 8 handicapped lots
Childcare Centre: 12 lots + 1 handicapped lot + 1 school bus lot
District19
No. of Lifts18 Lifts (2 per Block)
Security24-Hour Security

UNIT DISTRIBUTION

Unit TypeNo. of UnitsSize Range
TOTAL1165 Units
1-Bedroom252 Units474 - 484 sqft
657 - 689 sqft (Penthouse)
2-Bedroom372 Units614 - 775 sqft
829 - 926 sqft (Penthouse)
3-Bedroom384 Units850 - 1044 sqft
1066 - 1249 sqft (Penthouse)
3+Study14 Units1023 sqft
1249 sqft (Penthouse)
3-Bedroom Dual Key27 Units958/ 980 sqft
1141/ 1184 sqft (Penthouse)
4-Bedroom92 Units980 - 1216 sqft
1259 - 1442 sqft (Penthouse)
5-Bedroom16 Units1302 - 1356 sqft
1593 sqft (Penthouse)

2-Storey Townhouses

Strata Terrace (3-Bedroom)

6 Units1625 sqft

Strata Semi-Detached (3-Bedroom)

1 Unit1593 sqft

Strata Semi-Detached (4-Bedroom)

1 Unit1948 sqft

CONSULTANTS

CONSULTANTS 
DeveloperKingsford Property Development Pte Ltd (UEN No. 201315997R)
ArchitectP&T Consultants Pte Ltd
Landscape ArchitectEcoPlan Asia Pte Ltd
Main ContractorKingsford Construction Pte Ltd
Structural EngineerP&T Consultants Pte Ltd
M&E EngineerUnited Project Consultants Pte Ltd
Show Gallery Interior DesignerStudioMuse Pte Ltd

FINANCING

Kingsford Waterbay is a development under construction and follows the Normal Payment Scheme (NPS).

5% of the purchase price is required for booking a unit, followed by 15% within 8 weeks, and the rest of the payment will be based on the construction stage of the development.

Normal Payment Scheme (NPS)
The table below shows the payment schedule at the various stages:

StagePayment
(% of Purchase Price )
Upon the granting of Option to Purchase (Booking Fee)5%
Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date15%
Completion of foundation work10%
Completion of reinforced concrete framework of unit10%
Completion of partition walls of unit5%
Completion of roofing/ceiling of unit5%
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit5%
Completion of car park, roads and drains serving the housing project5%
Temporary Occupation Permit (TOP) (Collect Keys)25%
Certification of Statutory Completion (CSC)15%
100%

STAMP DUTIES

Stamp Duties are payable for all property purchases in Singapore.
Total Stamp Duty payable = Buyer's Stamp Duty (BSD) + Additional Buyer's Stamp Duty (ABSD)

 
Buyer's Stamp Duty (BSD)All Properties
Singaporeans3% - $5,400 of Purchase Price
Permanent Residents (PR)3% - $5,400 of Purchase Price
Foreigners & Corporate Entities3% - $5,400 of Purchase Price

Loan Limits for Singapore Residential Properties

The loan limits depends on the Age and Income of the the Borrowers, and the number of home loans that they are currently servicing. 
Fully paid mortgages do not count in the no. of home loans.

Enquiries & Banker Arrangements

Please contact us at 90303197 for any questions on project details, regulations and financing.

If you need to check your loan eligibility, please contact us for reliable mortgage bankers who can provide the necessary assistance. 
Experienced bankers from major banks DBS, UOB, OCBC, Standard Chartered, Citibank, Maybank & RHB are available.