Artist’s impressionThe Short Answer for Grand Dunman Buyers
Grand Dunman is sold while its blocks are still being built, so the price is not paid in one sum. Under the normal progressive payment scheme, it is paid in stages that track the construction, beginning with a booking fee on the grant of the option to purchase and ending with the payment due at the Certificate of Statutory Completion.
The Housing Developers Rules set both the stages and the percentage attached to each, so every home here follows one schedule; buyers differ only in how they fund it, from cash, from CPF savings or from a bank loan.
The Payment Stages at Grand Dunman
The schedule below is the standard one for a building under construction, as read on 22 October 2026. The right-hand column shows the running total once each stage is reached.
| Stage | Share | Running total |
|---|---|---|
| Booking fee, on the grant of the option to purchase | 5% | 5% |
| Sale and purchase agreement, within 8 weeks | 15% | 20% |
| Completion of foundation | 10% | 30% |
| Completion of reinforced concrete framework | 10% | 40% |
| Completion of partition walls | 5% | 45% |
| Completion of roofing and ceiling | 5% | 50% |
| Completion of doors, windows, electrical wiring and plumbing | 5% | 55% |
| Completion of car park, roads and drains | 5% | 60% |
| Temporary Occupation Permit (TOP) | 25% | 85% |
| Certificate of Statutory Completion | 15% | 100% |
Housing Developers Rules schedule for a building under construction, as checked on 22 October 2026.
Booking and signing together account for 20% of the price, the six construction stages from the foundation to the car park, roads and drains a further 40%, and the two completion certificates the last 40%.
Cash, CPF and the Loan at Grand Dunman
Cash pays the 5% booking fee. The bank lends nothing until the buyer has paid their own portion in full, and MAS rules set the minimum part of that portion that has to be cash.
Someone without another housing loan can borrow as much as 75%, leaving 25% to pay personally. Only 5% of that has to be cash, and the booking fee has already settled it; the other 20% can come from CPF Ordinary Account savings, within CPF limits, or from cash. A tenure over 30 years, or one running beyond age 65, cuts the loan limit to 55% and lifts the cash minimum to 10%, and existing housing loans reduce the limit further.
| Borrower | Max loan | Own funds | Minimum cash |
|---|---|---|---|
| No outstanding housing loan | 75% | 25% | 5% |
| No outstanding loan, tenure over 30 years or past age 65 | 55% | 45% | 10% |
| One outstanding housing loan | 45% | 55% | 25% |
| Two or more outstanding housing loans | 35% | 65% | 25% |
Figures from MAS as read on 22 October 2026. MAS may revise them, so check with a bank before committing.
When the Bank Starts Paying for a Grand Dunman Home
On a 75% loan, the buyer has paid 20% once the booking fee and the 15% due with the sale and purchase agreement are in. Half of the foundation instalment then brings the buyer’s share up to 25%, after which each certified stage is met from the loan. Before that point, every payment comes from the buyer’s own cash and CPF savings.
The trigger for each drawdown is the developer’s notice that a stage has been certified. Because interest accrues only on the sums released, the monthly instalment starts low and climbs as more of the loan is drawn towards completion.
Building work is well advanced towards vacant possession, which the developer expects by 31 December 2028. Any stage certified before a booking falls due with the others on the dates in the sale and purchase agreement, so a bigger sum is payable early on; the Sales Concierge explains the position for each home.
Stamp Duty and the Final Instalments at Grand Dunman
Stamp duty is separate from the schedule and is one of the first bills: Buyer’s Stamp Duty, plus any Additional Buyer’s Stamp Duty, must be paid within 14 days of signing the sale and purchase agreement, long before the loan starts, so it belongs with the booking fee at the top of the budget. Current rates are on the stamp duty page.
The closing instalments are 25% on the Temporary Occupation Permit and 15% on the Certificate of Statutory Completion, with legal completion expected by 31 December 2031. The progressive payment calculator shows each amount and an estimated monthly instalment for any figure entered, and the Grand Dunman payment scheme page explains each stage.
For a shortlisted home, the Sales Concierge can draw up a payment schedule and work out the stamp duty for the buyer’s profile, and confirm the stages already reached, so the cash needed in the first weeks is clear before a decision. Showflat viewings are arranged by appointment through the Sales Concierge.
General information as at the date shown, not financial, legal or tax advice. Particulars of Grand Dunman come from the developer’s published particulars, fact sheet, brochure and plans and from URA’s land-sale release; statutory figures are those on this site’s financing pages, and distances are straight lines measured on OneMap. Sources: the Housing Developers Rules schedule and MAS loan limits as set out on this site’s payment scheme and housing loan pages, and the developer’s particulars.
Ask the Sales Concierge about Grand Dunman
The Sales Concierge sends the price list on request, the homes still available and the e-brochure for Grand Dunman. Showflat viewings are arranged by appointment through the Sales Concierge.