Artist’s impressionThe Sora Payment Scheme in Brief
Because the four towers at Sora are still going up, buyers pay under the standard progressive payment scheme. Payment starts with a 5% booking fee, another 15% is due with the sale and purchase agreement, and the balance is released stage by stage as construction is certified, with the last 15% payable at the Certificate of Statutory Completion.
Both the list of stages and the percentage attached to each are set by the Housing Developers Rules. The table shows the schedule as at October 2026; the sections that follow show where cash, CPF savings and the bank loan each come in.
The Sora Progressive Payment Stages
| Stage | Share of the price | Paid so far |
|---|---|---|
| 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 | 25% | 85% |
| Certificate of Statutory Completion | 15% | 100% |
Standard schedule for a building under construction under the Housing Developers Rules, checked 20 October 2026.
The payment scheme page keeps this schedule with the loan limits beside it.
The Opening Payments at Sora: Cash and CPF
The booking fee of 5% must be paid in cash. A buyer with no housing loan outstanding can borrow as much as 75% of the price, leaving 25% to fund personally. Of that, MAS wants at least 5% of the price in cash, a condition the booking fee satisfies on its own; the remaining 20% can be paid from cash or CPF Ordinary Account savings, within CPF limits.
After the booking fee and the 15% at the agreement, the buyer has paid 20% of the price. The first half of the 10% foundation instalment takes that to 25%, and every certified stage after that point is paid by the bank.
If a Sora Buyer Already Has a Home Loan
A housing loan already outstanding changes the split. With one such loan, the bank can lend no more than 45% of the price, so the buyer funds 55% personally and at least 25% of the price has to be in cash. With two or more loans, lending stops at 35%, the buyer’s part is 65%, and the cash floor is still 25%.
Either way, more of the early stages are funded by the buyer before any bank money is used, and the housing loan page explains which situations bring in the lower limits.
How the Sora Loan Is Drawn During Construction
Each time a stage is certified, the developer sends a notice of payment, and the bank settles that instalment from the loan. Since interest during construction is charged only on what has been drawn, early monthly repayments are modest and climb as more of the building is finished.
Lower loan limits and a bigger cash share apply to a buyer who already has a housing loan, or whose loan would last more than 30 years or continue beyond age 65; the post on how much can be borrowed at Sora covers this.
Stages Already Certified at Sora
Building work at Sora started with the ground-breaking on 29 April 2024, and vacant possession is expected by 31 October 2028. If some stages have been certified by the time a home is booked, those instalments are payable on the timetable in the sale and purchase agreement, so the opening months can cost more than the table on its own implies.
When a home is chosen, the Sales Concierge confirms how far construction has been certified and lists the amounts payable at booking.
The Last Two Instalments at Sora
The Temporary Occupation Permit brings the largest single instalment, 25% of the price, and the remaining 15% follows at the Certificate of Statutory Completion. In the developer’s brochure, vacant possession is dated 31 October 2028 and legal completion 31 October 2031; each home’s own dates are the ones written into its sale and purchase agreement.
The post on when Sora will be completed sets out the milestones in full.
Stamp Duty Alongside the Sora Payments
Stamp duty sits outside the progressive stages, yet it lands in the same opening weeks. Buyer’s Stamp Duty, and Additional Buyer’s Stamp Duty where it applies, must be paid no later than 14 days after the sale and purchase agreement, so the early budget has to cover the booking fee, the 15% with the agreement and the duties at once.
Rates for each buyer profile as at October 2026 are in the post on who can buy at Sora and the stamp duty.
Planning a Sora Purchase
Three calculators help with the planning. The progressive payment calculator shows what is payable at each stage, with an estimated monthly instalment, for the price and loan you enter; the TDSR calculator estimates how large a loan an income can support; and the stamp duty calculator totals the duties. Each opens at an illustrative figure, which is not the price of any home at Sora.
With those in hand, the Sales Concierge sends the current price list with the homes still available and a payment schedule for a chosen home. Showflat viewings are arranged by appointment through the Sales Concierge.
This article is general information as at the date shown and is not financial, legal or tax advice. Particulars of Sora are from the developer’s published documents, statutory figures are as set out on this site’s financing pages, and distances are straight-line measurements on OneMap. Sources: the Housing Developers Rules (payment stages); MAS (loan-to-value limits and minimum cash, checked 20 October 2026); the developer’s e-brochure (11 June 2024).
Talk to the Sora Sales Concierge
The Sales Concierge sends the price list on request, the homes still available and the e-brochure for Sora. Showflat viewings are arranged by appointment through the Sales Concierge.