Estimate the cash needed to secure a Gourmet Xchange unit, the progressive payments and GST, the loan drawdown and the monthly repayment. The schedule follows the Gourmet Xchange payment scheme; duties follow the stamp duty and GST page.
Purchase details
Figures update as you type.
90% is generally offered to an operating company taking the unit for its own use. Investment purchases are usually capped nearer 80%.
Check the rate that applies after the lock-in ends, not just the headline rate.
Used only for the property tax estimate at the foot of the page.
The first eight weeks
Add a booking date to turn the week numbers into dates.
Loan summary
At the loan-to-value selected on the left.
Payment breakdown, weeks 0 to 8
GST is charged on each instalment as it falls due, not once at the end.
Cash needed to secure the unit
Your own funds only. Anything the bank draws down is excluded.
This is upfront cost only. The construction instalments below are drawn down by your bank as each stage completes, with the GST on each one payable in cash.
Progressive payment schedule
Sale of Commercial Properties Act schedule. Timelines are indicative and set by construction progress, not by calendar dates.
Swipe sideways to see the full table
| Stage | Timeline | % | Instalment | GST 9% | Your cash | Loan drawn | Loan % | Interest | Principal | Repayment |
|---|
Monthly repayment
Once the loan is fully drawn.
During construction you pay interest only on what has been drawn so far, so the amount climbs stage by stage — see the two right-hand columns above.
Property tax estimate
Payable from TOP onwards. Nothing is levied during construction.
Commercial and industrial property is taxed at a flat 10% of Annual Value. IRAS sets the Annual Value from market rents for comparable units — the rent figures here are your own estimate, not an assessment.
Three loan-to-value ratios side by side
Same price, tenure and rate; only the loan differs.
How the Gourmet Xchange purchase calculator works
The calculator follows the progressive payment schedule used for Gourmet Xchange: 20% across the eight-week S&P period, the construction stages, 25% at TOP and 10% on completion, with 9% GST on every instalment and Buyer’s Stamp Duty on the commercial and industrial scale. It opens at the $2,080,000 entry price, a 25-year loan at 2.10% and a $4,000 legal fee; change any figure and the schedule recalculates.
What governs the Gourmet Xchange loan-to-value
There is no fixed MAS ceiling for an industrial loan. Banks set the limit by use — up to about 90% where an operating company occupies the unit and about 80% for investment — and by the borrower’s profile. See industrial loan information.
When GST can be recovered
The position turns on the buying entity. An operating company that is GST-registered and already carrying on taxable business may claim GST as input tax as it is incurred through construction; a non-operating company would not usually begin claiming during construction and may start at TOP once operating activity begins. All of this is subject to the rules set by IRAS.
What the calculator leaves out
Fitting-out, valuation, mortgage duty and bank processing fees sit outside the estimate, as does rent on existing premises that an owner-occupier may pay alongside progressive interest during construction. For the duty on its own, use the stamp duty calculator.
Gourmet Xchange purchase calculator FAQ
How much cash is needed to secure a $2,080,000 Gourmet Xchange unit at 80% LTV?
About $531,040 before the loan starts: the 20% instalments of $416,000, GST of $37,440 on them, Buyer's Stamp Duty of $73,600 and a $4,000 legal fee. The bank then funds the construction instalments.
Can I borrow 90% for a Gourmet Xchange unit?
A 90% facility is generally offered to an operating company buying the unit for its own use. The developer is still owed the full 20% during the S&P period, and the bank draws the excess at completion of the sale once the mortgage is in place, which reduces the cash needed upfront to about $323,040 at the entry price.
Is GST on a Gourmet Xchange purchase financed by the bank?
GST is paid in cash on each instalment as it falls due. Whether it can be claimed back depends on the buying entity; the general guideline is that an operating GST-registered company may claim it as incurred, subject to the rules set by IRAS.
Calculator tools on this site produce indicative estimates only and must be confirmed with IRAS, MAS or your bank.
Receive the Gourmet Xchange brochure, price list and floor plans
Register once and the Sales Concierge sends the full Gourmet Xchange sales pack: the current price list, unit layouts for the type you are considering and the e-brochure, together with a sales gallery slot at a time that suits you.
What the Sales Concierge sends
- The current Gourmet Xchange price list, from $2.08m
- Unit key plans and typical layouts for Standard, Deluxe and Heritage Terrace units
- The official e-brochure as a PDF
- The balance units chart and a sales gallery appointment
Artist’s impression.
Register Your Interest
No obligation. The Sales Concierge responds personally to every enquiry.
Prefer to speak to someone? Call +65 6200 6220, or message the same number on WhatsApp.
