Payment
can be made in 6 modes including advance payment at the time of
registration and signing of the contract. Our schedule of payments
as indicated in the sales and construction agreement is as follows:
1st Payment: Advance payment representing 15%
of the total price payable at the time of registration or signing
of the contract agreement.
2nd Payment: 20% of the total price is payable
after completion of substructure work.
3rd Payment: 20% of the total price is payable
after completion of superstructure.
4th Payment: 20% to of the total price when wall
plastering and roofing is completed.
5th Payment: 15% of the house price when finishing
and all other construction works are completed.
6th Payment: 10% of the total property price
is payable at the time of handing over of the key.
:: Guarantee for the money paid
To avoid risks associated with the money paid by clients for project
development each payment shall be deposited in a “Blocked
Account” in the client’s name and will only be released
phase by phase after approved by independent consulting engineer.
:: Mortgage Finance
Buyers have access to a mortgage facilities of up to 20 years
at a minimum interest rate per annum from local banks. Oasis assists
in arranging the financing facility.
To qualify for this mortgage facility, buyers are required to:
- Have regular income.
- Deposit minimum 30%
of the cost of the property.
:: Project Complition Time
The estate shall hand over the house with in 18 month from signing
of the contract. If we find it difficult to honour the period
of delivery by factors outside our control, we may extend the
period by extra three months. If the estate fails to handover
the property with in the agreed period the client has the right
to claim any damage caused by such delay.