How to Buy Aurora Residences @ Seksyen 16

Buying Aurora Residences @ Seksyen 16 is straightforward. Here’s the full process from first enquiry to collecting your keys, including financing and what to prepare.

Step by step

1. Enquire & shortlist — message us on WhatsApp for the price list, floor plans and current promotion, and pick your preferred unit type and floor.
2. Book your visit — view the showroom and confirm availability.
3. Loan pre-qualification — we run a free eligibility check and compare panel banks (the developer’s panel banks (list available on enquiry)).
4. Booking — pay the reservation fee to secure your unit.
5. SPA signing — sign the Sale & Purchase Agreement; legal fees are absorbed as per the current package.
6. Loan documentation — complete the loan agreement with your chosen bank.
7. Progress & VP — pay by the standard progressive schedule through to vacant possession (48 months from SPA).

Financing & panel banks

Aurora Residences @ Seksyen 16 is supported by a panel of banks (the developer’s panel banks (list available on enquiry)). We offer free in-house loan advisory to check your eligibility and Debt Service Ratio (DSR) before you commit, and to compare the margin of finance and rate across the panel so you take the strongest offer.

How much can you borrow?

Banks assess your loan on your net income and existing commitments (your DSR), usually up to a 90% margin of finance and a tenure up to 35 years or age 70. A quick pre-qualification tells you your realistic budget before you pick a unit — so you shortlist with confidence rather than hope.

What to prepare

• NRIC / passport
• Latest 3 months’ payslips and 6 months’ bank statements
• Latest EPF statement
• Any existing loan / commitment details (for DSR)

Typical timeline

From booking to SPA signing usually takes a few weeks; loan approval commonly lands within 1–2 weeks of a complete submission. Vacant possession follows the construction schedule (48 months from SPA). We keep you updated at each stage.