From booking fee to completion: the eight-week option period, the statutory progressive payment schedule and what falls due in cash at GATE+ Tukang.
Buying a unit under construction at GATE+ Tukang follows a fixed sequence, and the demanding part is front-loaded. Within roughly eight weeks of booking you will have paid 20% of the price to the developer, the GST on that 20%, Buyer's Stamp Duty and your legal fee. After that the pace slows considerably, because the construction instalments are drawn down by your bank as each stage completes. Figures and statutory rates here are as at September 2026.
The process opens with the booking fee — 5% of the price plus GST, paid by cheque or cashier's order — which secures the unit and triggers the paperwork. The Sale and Purchase agreement is then issued to your solicitor, typically around two weeks later. You have three weeks from receiving it to exercise, so this is the window in which your bank's letter of offer needs to be signed and returned.
Buyer's Stamp Duty falls due to IRAS within 14 days of exercising, alongside the legal fee. The balance of the 20% plus its GST completes at around week eight. Nothing about this schedule is unusual for a new launch, but it is compressed, and the common mistake is leaving the financing conversation until the option is already in hand. Start it before you book.
From there the Sale of Commercial Properties Act schedule governs what you owe and when: 20% combined on booking and the agreement, then five stages of 5% and two of 10% through construction, 25% at TOP and 10% on completion. Timelines are set by construction progress rather than calendar dates, so treat any month ranges as indicative. GATE+ has an estimated TOP of 30 January 2029.
Two points catch buyers out. First, GST is charged on every instalment as it falls due, not once at the end, and banks do not fund it — that portion is payable in cash each time. Second, the schedule governs what the buyer owes the developer, not who supplies the funds. Where a facility above the stage sum is granted, the bank draws the excess at completion of the sale once the mortgage is in place. The GATE+ purchase calculator works the whole sequence through stage by stage, including the interest that accrues on what has been drawn so far.
There is no regulatory loan-to-value ceiling on an industrial purchase, so the figure available is set by each bank on the merits of the borrower. An operating company taking the unit for its own use is generally offered the most; a purchase held for letting is usually assessed nearer 80%. Many banks prefer to lend to a company rather than to an individual on a B1 or B2 asset, so raise that early if you are buying personally. CPF cannot be used — an industrial purchase is funded from cash and a bank facility only.
Loan tenure is bounded by the remaining lease as well as by the bank's own policy, and lenders size industrial tenure against the lease with a buffer. GATE+ runs 33 years from 27 August 2025, which is longer than the 30 years typical of the segment; the post on what three extra years buys you covers why that matters at the financing stage.
A short checklist saves a great deal of pressure later. Confirm the intended activity is permitted in a B2 zone and that your supporting office fits the use quantum. Have your banker indicative on quantum and tenure, and your solicitor briefed. Know your cash position across the eight weeks, not just the booking fee — the GATE+ stamp duty calculator gives the duty on its own if that is the figure you are checking.
Then look at the units themselves: current availability on the GATE+ balance units chart, sizes and layouts on the floor plan page, and indicative quantum on the GATE+ pricing page. Everything on this site is indicative and subject to the developer's live price list; confirm figures with the sales team before you commit.
Request the full e-brochure, price list and floor plans.