With an under-construction (off-plan) condo, you don’t pay everything upfront — payments are released in stages as the building rises, under a standard Housing Development Act schedule. You typically pay a booking fee, then about 10% on signing the SPA, with the balance drawn progressively by your bank as construction hits each milestone, up to vacant possession.
How progressive payment works
Off-plan purchases in Malaysia follow a regulated schedule (Schedule H/G under the Housing Development Act). Rather than paying the full price at once, your loan disburses to the developer in tranches tied to construction stages — foundation, structure, walls, roofing, and so on — so your outlay tracks progress.
The typical path to keys
- Pay the booking fee to secure your unit.
- Sign the SPA and pay around 10% (often helped by the exemption and developer package).
- Your bank releases progressive payments as each stage completes.
- Vacant possession — the developer hands over keys with the Certificate of Completion and Compliance.
💡 Aurora Residences is a good worked example — ask us for the current construction stage and expected handover.
What it means for your cash flow
The staged structure is buyer-friendly: your instalments during construction are usually based only on the amount disbursed so far, easing early cash flow. It’s one reason off-plan suits buyers who want to spread commitment over the build period.
Frequently asked questions
How does payment work for an under-construction condo?
How much do I pay upfront for off-plan?
Do I pay full instalments during construction?
When do I get the keys?
Understand your payment timeline
Ask us for the construction stage, payment schedule and expected handover on Aurora Residences.
Information is for general guidance as at 31 July 2026 and may change; confirm the payment schedule in your SPA.
Sources: project sales materials; Housing Development (Control and Licensing) Act schedules.
Last updated 1 October 2026 · DMS Jason Chan, REN 78007