Progressive Payment Calculator Malaysia
See every construction-stage payment on a new condo or landed house, what comes from your pocket versus your bank, and the interest you pay before you get the keys.
Property Type
Your cash (downpayment)
RM 50,000
Loan amount
RM 450,000
Interest/month before keys
RM 1,138
| Stage | % | Amount | Paid by | Interest/mo |
|---|---|---|---|---|
| 1 Signing the SPA (booking + balance deposit) | 10% | RM 50,000 | You | RM 0 |
| 2(a) Foundation / work below ground level of the parcel | 10% | RM 50,000 | Bank | RM 175 |
| 2(b) Structural framework of the parcel | 15% | RM 75,000 | Bank | RM 438 |
| 2(c) Walls, with door and window frames in place | 10% | RM 50,000 | Bank | RM 613 |
| 2(d) Roofing/ceiling, electrical wiring, plumbing (no fittings), telecom trunking | 10% | RM 50,000 | Bank | RM 788 |
| 2(e) Internal and external finishes, including wall finishes | 10% | RM 50,000 | Bank | RM 963 |
| 2(f) Sewerage works serving the building | 5% | RM 25,000 | Bank | RM 1,050 |
| 2(g) Drains serving the building | 2.5% | RM 12,500 | Bank | RM 1,094 |
| 2(h) Roads serving the building | 2.5% | RM 12,500 | Bank | RM 1,138 |
| 3 Vacant possession, with water and electricity ready for connection | 17.5% | RM 87,500 | Bank | RM 1,444 |
| 4 Vacant possession where the transfer and strata title are delivered | 2.5% | RM 12,500 | Bank | RM 1,488 |
| 5 Held by developer’s solicitor as stakeholder: 2.5% released 8 months and 2.5% 24 months after vacant possession | 5% | RM 25,000 | Bank | RM 1,575 |
Estimate only. Stages and percentages follow the statutory Third Schedule of Schedule G and Schedule H of the Housing Development (Control and Licensing) Regulations 1989, as amended in 2015. The developer may complete works out of order and bills each stage only on its architect's certificate, so timing varies. Interest is an interest-only estimate on the loan released so far; your bank's actual figure depends on its rate and release dates. Once the full loan is released, normal instalments (principal + interest) begin.
Schedule G & H Payment Stages
| Item | Stage | % of Price |
|---|---|---|
| 1 | Signing the SPA (booking + balance deposit) | 10% |
| 2(a) | Foundation / work below ground level of the parcel | 10% |
| 2(b) | Structural framework of the parcel | 15% |
| 2(c) | Walls, with door and window frames in place | 10% |
| 2(d) | Roofing/ceiling, electrical wiring, plumbing (no fittings), telecom trunking | 10% |
| 2(e) | Internal and external finishes, including wall finishes | 10% |
| 2(f) | Sewerage works serving the building | 5% |
| 2(g) | Drains serving the building | 2.5% |
| 2(h) | Roads serving the building | 2.5% |
| 3 | Vacant possession, with water and electricity ready for connection | 17.5% |
| 4 | Vacant possession where the transfer and strata title are delivered | 2.5% |
| 5 | Held by developer’s solicitor as stakeholder: 2.5% released 8 months and 2.5% 24 months after vacant possession | 5% |
Source: Third Schedule of the statutory SPAs in the Housing Development (Control and Licensing) (Amendment) Regulations 2015 (in force 1 June 2015): Schedule H and Schedule G (text republished by REHDA Melaka). Schedule G uses the same percentages; item 4 there is delivery of the individual title. Figures are estimates, not legal advice.
New to buying off-plan? Read our guide to the progressive payment schedule or browse new launches.
Frequently Asked Questions
What is the progressive payment schedule in Malaysia?
When you buy an under-construction home from a licensed developer, you do not pay the full price at once. The Housing Development Act standard SPA (Schedule G for landed houses, Schedule H for strata units) fixes the stages: 10% on signing, then 10% foundation, 15% structural framework, 10% walls, 10% roofing and wiring, 10% finishes, 5% sewerage, 2.5% drains and 2.5% roads, then 17.5% at vacant possession, 2.5% when the title is delivered, and a final 5% held by the developer's lawyer as stakeholder.
Do I pay my housing loan instalment during construction?
You pay interest only on the portion of the loan the bank has released to the developer so far, known as progressive interest. It starts small and rises as each stage is certified. Once the whole loan has been released, usually around vacant possession, your full monthly instalment of principal and interest begins.
Why is 5% held back until after I get the keys?
Under the 2015 Schedules G and H, the last 5% is held by the developer's solicitor as stakeholder. Half is released 8 months after vacant possession and the rest at 24 months, the end of the defect liability period. If the developer fails to fix defects you report, the repair cost can be deducted from this sum.
Is this schedule the same for every project?
The percentages are statutory for HDA-governed residential sales on the standard SPA, but developers may complete works in a different order and each stage is billed only on the architect's certificate, so timing varies. Developer schemes such as DIBS or rebates, and properties sold after completion (Schedules I and J), follow different payment patterns. Check the Third Schedule in your own SPA.