Artist’s impressionThis calculator lays out a purchase at Vela Bay on the progressive payment scheme: the loan-to-value tier and downpayment, the stamp duty for the buyer’s profile, and the instalment at each stage as the bank releases the loan during construction, following the payment scheme. Illustrative figure, enter your own price: the price field opens at $1,500,000, a round number that is not the price of any home in the development; the Sales Concierge sends the current price list on request.
Illustrative figure, enter your own price.
Over 30 years, or a loan running past age 65, lowers the LTV ceiling.
How the purchase price is funded
| Component | % | Amount |
|---|
Figures assume the loan ends by age 65; a lower loan-to-value limit applies if it runs past that.
Duty and upfront costs
Loan disbursement and monthly instalment, stage by stage
Swipe sideways to see the full table
| Stage | Drawn this stage (% of price) | Disbursement amount | Description | Est. monthly payment | Est. monthly interest | Est. monthly principal |
|---|
Reading the table. Drawn this stage is what the bank pays the developer at that milestone, which is not always the statutory stage percentage: your own funds cover the first part of the price, so at 75% loan-to-value the first bank payment, at the foundation stage, is only the 5% above the 25% you have paid. The disbursement column adds up to the loan, not the price. Instalments are amortised on the amount drawn so far over the full term. IRAS and MAS rates as at October 2026; indicative only, confirm with your bank. The binding schedule for Vela Bay is set out in the sale and purchase agreement.
Reading the Vela Bay Payment Schedule
Cash and CPF pay the booking fee and the rest of the buyer’s own share first. The bank then pays each certified stage from the foundation onwards, through the Temporary Occupation Permit to the Certificate of Statutory Completion, so the monthly repayment grows as the towers near completion. Where early stages are already certified at booking, the Sales Concierge sets out the sums that fall due together.
For a buyer with another home loan still running, the 45% limit raises the upfront sum considerably, and ABSD can become the largest single cost. Size the loan first with the TDSR calculator, then match the schedule to a particular home at a showflat appointment.
Request the Vela Bay Price List
Vela Bay is open for sale, and the Sales Concierge sends the current price list with the homes still available. 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 you shortlist.
- A payment schedule and the stamp duty for your profile.
- A showflat appointment at a time that suits you.
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.