Artist’s impressionThe homes at The Sen are sold under construction on the normal progressive payment scheme: the price is paid in stages that track the works, from the booking fee to the final payment at statutory completion.
The Sen Progressive Payment Stages
The stages and percentages are fixed by the Housing Developers Rules. The right-hand column gives the share of the price paid once each stage is reached.
| Stage | % of price | Cumulative |
|---|---|---|
| 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% |
Standard schedule for a building under construction under the Housing Developers Rules, checked 18 October 2026. The Sen is under construction, with the Temporary Occupation Permit expected in August 2029, so stages already certified when you book fall due on the timetable in the sale and purchase agreement. The Sales Concierge confirms the stages reached for a particular home.
Cash, CPF and the Loan at The Sen
The 5% booking fee is paid in cash. The remainder of the buyer’s own share comes before the bank begins to lend, and MAS sets how much of it must be cash. A buyer with no outstanding housing loan may borrow up to 75% of the price; of the 25% paid first, at least 5% must be cash, which the booking fee covers, and the other 20% may come from cash or CPF Ordinary Account savings within CPF limits.
| 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% |
Source: MAS, checked 18 October 2026. Limits can change; confirm with MAS or your bank before signing.
On a 75% loan, the booking fee and the 15% at the sale and purchase agreement bring the buyer to 20% of the price; the first half of the foundation instalment completes the 25%, and the bank pays each certified stage from there. The housing loan page explains when the lower limits apply.
How a Loan Is Drawn at The Sen
Each certified stage brings a notice from the developer, and the bank pays that instalment. Interest during construction is charged only on what has been drawn, so repayments start low and rise as the works progress.
For a unit booked after some stages are certified, the instalments already due are paid on the timetable in the sale and purchase agreement, which usually means a larger sum early on. The Sales Concierge sets out the position at the time of booking.
Interest only on what is drawn.
Repayments begin small and rise as each stage of the building is certified.
The Sen Completion and the Final Instalments
The 25% instalment falls due at the Temporary Occupation Permit and the last 15% at the Certificate of Statutory Completion. The developer’s factsheet gives August 2029 for the expected Temporary Occupation Permit, and its brochure gives 31 August 2030 for vacant possession and 31 August 2033 for legal completion; the dates that apply to a particular home are set out in its sale and purchase agreement.
Stamp duty is paid separately and early, as the stamp duty page explains. The progressive payment calculator gives the sum and the estimated monthly instalment at each stage for a chosen price and loan.
Request The Sen Price List
The Sen is on sale, and the Sales Concierge sends the current price list with the homes still available in the Classic and Prestige blocks. Showflat viewings are arranged by appointment through the Sales Concierge.
Sent on request
- The current price list with the homes still available.
- The e-brochure and the floor plans for the home types you shortlist.
- A worked payment schedule and the stamp duty for your profile.
- A showflat appointment arranged around your diary.
Request the Price List
No obligation. The Sales Concierge responds personally to every enquiry.
Prefer to speak to someone? Call +65 6200 6220, or send a WhatsApp message to the same number.