Financing & legal
We’re here to help you turn the key to your dream home.
Financing your new condo
With Cubed’s transparent pricing, you can create a condo to meet any budget.
We’re here to support you through the entire process of buying your dream home, including financing it.
It’s time to think about financing once you’re ready to sign a Reservation Agreement for your condo.
- Finance the condo with your own funds,
- Obtain financing from your bank, or
- Work with one of our partner banks:
The first payment you’re required to make when purchasing a new condo is the Reservation Fee to confirm your reservation in a project.
Once the project is 50% reserved and approved, the building is ordered from the manufacturer. If a project doesn’t reach a 50% reservation level, the whole Reservation Fee is refunded to you.
You’ll then sign the Purchase & Sale Agreement and make a 20% deposit (incl. the reservation fee).
In accordance with your bank and payment terms, you’ll make a final payment (for the remainder of the purchase price) when we transfer ownership of your new condo to you.
Final condo price
The final condo price is determined when a project is 50% reserved and approved, then ordered for production. At this point, you’ll receive a Sale & Purchase Agreement which includes the final price for your new condo.
The final price consists of:
- The entire Design ABC process
- Project management from start to finish
- Access to our interior designers and architectural support
- Installation of all furniture, fixtures, and fittings chosen from our interior design catalog
- Completion of surrounding amenities and any chosen extras
Better cost of living
All Cubed buildings are rated class “A”, which means your condo has long-term sustainability benefits, such as lower utility costs.
We reduce these costs through sustainable technological solutions, such as quality insulation and air and water heat pumps.
Cubed’s smart contracts and transparent legal structure are designed to protect you.
The Reservation Agreement confirms your customized condo layout in a project of your choice. The reservation fee depends on the project and is 100% refundable if your chosen project hasn’t reached 50% reservation after 6 months.
A condo reservation provides:
- Fully customized condo layout
- Access to interior design moodboard session
- Your confirmed place in a chosen project
Sale & Purchase Agreement
The Sale & Purchase Agreement, together with the Building Management Agreement, is signed by both parties once a project is 50% reserved. From here, your purchase is recorded on the land register.
Cubed, along with its partners, delivers your condo according to the signed agreements. Once the building is fully operational, you’ll receive the official property rights following the signed Sale & Purchase agreement.
Cubed appoints a building manager for the first 2 years to ensure any early problems are quickly taken care of by qualified specialists.
Flexibility warranty packages are available for purchase. For an exclusive warranty discount, contact our sales representative.
You have the option to include a “refresher” warranty, which entitles you to general wear and tear repairs for your condo 3-4 years from the date of moving in.