Artist’s impressionHomes at Meyer Blue are sold while the tower is under construction, on the normal progressive payment scheme: the price is paid in instalments that follow the building works, from the booking fee to the final sum at statutory completion.
Meyer Blue Progressive Payment Stages
The Housing Developers Rules fix the stages and their percentages. 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, checked 20 October 2026. Stages already certified when a home is booked fall due on the timetable in its sale and purchase agreement; the Sales Concierge confirms the stages reached for a particular home.
Cash, CPF and the Loan at Meyer Blue
The 5% booking fee is paid in cash. The rest of the buyer’s own share is paid before the bank starts to lend, and MAS sets the minimum part of it that must be in cash. A buyer with no other housing loan may borrow up to 75% of the price; of the first 25%, at least 5% must be cash, which the booking fee covers, and the remaining 20% may be paid in cash or from CPF Ordinary Account savings within the 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 20 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 take the buyer to 20% of the price; half of the foundation instalment completes the 25%, and the bank pays every certified stage after that. The housing loan page explains when the lower limits apply.
How a Loan Is Drawn at Meyer Blue
As each stage is certified, the developer sends a notice and the bank pays that instalment. Interest during construction runs only on the amount drawn, so the monthly repayment starts small and grows as the works advance.
For a home booked after some stages have been certified, the instalments already due are paid on the timetable set by the sale and purchase agreement, which usually means a larger sum at the start. The Sales Concierge explains the position when you book.
Interest only on what is drawn.
Repayments start small and rise as each stage of the tower is certified.
Meyer Blue 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 particulars give 31 December 2028 as the expected date of notice of vacant possession and 31 December 2031 as the expected date of legal completion; the dates that bind 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 shows the sum and the estimated monthly instalment at each stage for a price and loan of your choosing.
Request the Meyer Blue Price List
Homes at Meyer Blue are on sale now. Ask the Sales Concierge for the developer’s current price list and the homes that remain open for selection. Showflat viewings are arranged by appointment through the Sales Concierge.
What the Sales Concierge sends
- The developer’s price list, with the homes still open.
- The e-brochure and the floor plans of the types you like.
- A payment schedule with the stamp duty worked out for your profile.
- A showflat appointment on a day and time of your choosing.
Request the Price List
No cost and no obligation: every enquiry receives a personal reply from the Sales Concierge.
Prefer to speak to someone? Call +65 6200 6220, or send a WhatsApp message to the same number.