This calculator lays out a purchase at The Island Residence on the progressive payment scheme: the loan-to-value tier and downpayment, the stamp duty for the buyer’s profile, and the instalment at each stage as the bank releases the loan with construction, following the payment scheme. The price field opens at $1,500,000 as an illustration only; it bears no relation to the pricing of The Island Residence, which the developer issues at release.
Over 30 years, or a loan running past age 65, lowers the LTV ceiling.
How the purchase price is funded
| Component | % | Amount |
|---|
Figures assume the loan ends by age 65; a lower loan-to-value limit applies if it runs past that.
Duty and upfront costs
Loan disbursement and monthly instalment, stage by stage
Swipe sideways to see the full table
| Stage | Drawn this stage (% of price) | Disbursement amount | Description | Est. monthly payment | Est. monthly interest | Est. monthly principal |
|---|
Reading the table. Drawn this stage is what the bank pays the developer at that milestone, which is not always the statutory stage percentage: your own funds cover the first part of the price, so at 75% loan-to-value the first bank payment, at the foundation stage, is only the 5% above the 25% you have paid. The disbursement column adds up to the loan, not the price. Instalments are amortised on the amount drawn so far over the full term. IRAS and MAS rates as at October 2026; indicative only, confirm with your bank. The binding schedule for The Island Residence is set out in the sale and purchase agreement.
Reading the Payment Schedule for The Island Residence
Cash and CPF meet the booking fee and the rest of the buyer’s own share first. The bank then pays each certified stage from the foundation onwards, through TOP and on to the Certificate of Statutory Completion, so the monthly repayment rises as the building goes up.
For a buyer still servicing another home loan, the 45% limit raises the upfront sum considerably, and ABSD may become the largest single cost. Size the loan with the TDSR calculator, then match the schedule to a particular home at a preview appointment.
Register Your Interest in The Island Residence
Registration puts you on the preview list for The Island Residence on Keppel Island. The Sales Concierge sends each document as the developer releases it and arranges a private preview appointment at a time that suits you.
What the Sales Concierge sends
- The e-brochure and the full project details on the day they are released.
- Every floor plan and the site plan with its facilities, as soon as the developer publishes them.
- The price list and the balance units chart at launch, before public release where the developer allows.
- A private showflat appointment once the sales gallery opens.
Register Your Interest
No obligation. The Sales Concierge responds personally to every enquiry.
To talk it through instead, call +65 6200 6220 or send a WhatsApp message to the same number.