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The 20/80 payment plan requires a minimum 20 per cent deposit of the total unit price with the balance deferred for nine months from the date of purchase, allowing buyers to take immediate possession of their new home with developer Seven Tides covering all service charges for the period covered, it said.
Contract awarded for 2014 traffic safety facilities (hardware) maintenance work (Dong, Nam-Gu) - total unit price contract
The packages are split in two options where customers pay 25 per cent of the total unit price and the rest in two-year installment, or they pay 35 per cent of the unit price and finalise the rest as instalments over three years.