Hudson Place Residences Payment Scheme

Homes at Hudson Place Residences are sold while the towers are being built, on the normal progressive payment scheme: the price is paid in instalments that fall due as each stage of the works is certified, from the booking fee to the final payment at statutory completion.

Hudson Place Residences Progressive Payment Stages

The stages and percentages are set by the Housing Developers Rules for a building under construction. The last column shows how much of the price has been 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. Building works at Hudson Place Residences are in progress, so any stage already certified on the day you book is payable on the timetable in the sale and purchase agreement. The Sales Concierge confirms which stages a particular home has reached.

Cash, CPF and the Loan at Hudson Place Residences

The 5% booking fee is paid in cash. The rest of the buyer’s own share is paid before the bank begins to lend, and MAS rules decide 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 meets, and the remaining 20% may come from cash or CPF Ordinary Account savings within the CPF Board’s 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 21 October 2026. Limits can change; confirm with MAS or your bank before signing.

With a 75% loan, the booking fee and the 15% due at the sale and purchase agreement bring the buyer to 20% of the price; half of the foundation instalment completes the 25%, and from then on the bank pays each certified stage. The housing loan page explains when the lower limits apply.

How a Loan Is Drawn at Hudson Place Residences

When a stage is certified, the developer issues a progress notice and the bank pays that instalment. Interest during construction runs only on the amount drawn, so the monthly repayment starts small and climbs as the towers rise.

Where stages are already certified at booking, their instalments 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 for the home you choose.

Stage by stage

Interest only on what is drawn.

Repayments start small and rise as each stage of the towers is certified.

Hudson Place Residences Completion and the Final Instalments

The 25% instalment is due at the Temporary Occupation Permit and the final 15% at the Certificate of Statutory Completion. The developer’s e-brochure gives 30 September 2029 as the expected date of vacant possession and 30 September 2032 as the expected date of legal completion; the dates for a particular home are those 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.

Open for sale

Request the Hudson Place Residences Price List

Hudson Place Residences is open for sale. The Sales Concierge replies with the developer’s current price list and the homes still open for selection. Showflat viewings are arranged by appointment through the Sales Concierge.