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Checklist · 4 min read

Questions to ask before reserving

A practical checklist covering payment structures, unit types and project status.

← All topics

About the project

  • Does the project have a DHSUD License to Sell?
  • Is it pre-selling or ready for occupancy (RFO)? What is the target turnover date?
  • Is the foreign-ownership quota (40%) still open for this building?

About the unit

  • Exact floor area, floor level, view and orientation.
  • Is it bare, semi-fitted or fully fitted on turnover?
  • Is parking included or sold separately?

About the money

  • Total contract price — and what's included (VAT, transfer fees, miscellaneous fees)?
  • Reservation fee amount, and confirmation that it is deducted from the total price.
  • Downpayment percentage, term and monthly amount.
  • Options for the balance: bank loan, in-house financing or cash, and any discounts for spot payment.
  • What happens if I miss a payment or want to cancel?

After purchase

  • Estimated monthly association dues.
  • Is short- or long-term leasing allowed? Is there a leasing or property-management service?
Sources & further reading

General information only — not financial, legal or tax advice. Rules and developer terms change; confirm current details with SMDC and a qualified adviser.

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