Estimate the cash needed to secure a strata office or medical suite at The Golden Mile, the progressive payments with GST, the loan drawdown and the monthly repayment. The schedule follows the payment scheme; duties follow the stamp duty and GST page.
The calculator opens at an illustrative $3,000,000, a round figure for working the arithmetic; it is not a unit price at The Golden Mile. Enter the price from the current price list, which the Sales Concierge sends on request.
The Golden Mile Commercial Purchase Calculator
Purchase details
Figures update as you type.
Illustrative figure, not a unit price.
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; both are your own assumptions.
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 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 Golden Mile Purchase Calculator Works
The calculator follows the progressive schedule for commercial property under construction: 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 scale, computed on the price before GST. At the illustrative $3,000,000, BSD is $119,600 and GST across the purchase is $270,000.
What Governs the Loan at The Golden Mile
Commercial property has no fixed regulatory loan-to-value cap; banks set it by use. At 80% the bank funds every construction instalment in full and the buyer pays the 20% upfront. At 90% the bank also draws the excess above the stage sum at completion of the sale, once the mortgage is in place, which brings the illustrative cash upfront down from $777,600 to $477,600. At 70% the upfront cash is unchanged, because the amount due in the first eight weeks is fixed by the schedule; the extra $300,000 of own funds falls due later, when the loan is exhausted. The commercial loan page explains how banks assess borrowers.
When GST Can Be Recovered at The Golden Mile
The general guideline is that an operating, GST-registered company may claim the GST as input tax as it is incurred, while a non-operating company would not usually begin until TOP and the start of taxable activities. The position depends on the buyer and is subject to the rules set by IRAS.
What The Golden Mile Calculator Leaves Out
Fitting-out, valuation fees, bank processing fees and mortgage duty sit outside the calculator, as does rent on existing premises running alongside progressive interest for an owner-occupier. For the duty alone, use the stamp duty calculator.
The Golden Mile Purchase Calculator FAQ
How much cash is needed to secure a unit at The Golden Mile?
At 80% loan-to-value the buyer pays the 20% due over the first eight weeks, plus 9% GST on it, the Buyer's Stamp Duty and the legal fee. On the illustrative $3,000,000 that totals $777,600 including a $4,000 legal fee. At 90% the bank funds part of the upfront amount once the mortgage is in place, bringing the cash to $477,600.
Is GST financed by the bank on a purchase at The Golden Mile?
No. Banks lend against the purchase price, so the 9% GST on each instalment is paid in cash as each instalment falls due, whatever the loan-to-value.
When does property tax start at The Golden Mile?
Property tax is levied from TOP, at a flat 10% of the Annual Value that IRAS sets from market rents. Nothing is levied while the building is under construction.
Calculator tools on this site produce indicative estimates only and must be confirmed with IRAS, MAS or your bank.
Run The Golden Mile Numbers With the Sales Concierge
The Sales Concierge sends the floor-plan brochure, the current price list and unit availability for The Golden Mile, and arranges a private session at the sales gallery at a time that suits you.
What the Sales Concierge sends
- The full project details and the floor-plan set on the floor plan page.
- The current price list and the balance units chart by level.
- The e-brochure and the level-by-level stacking plan.
- A private sales gallery appointment and a walk-through of the purchase calculator.
Register Your Interest
No obligation. The Sales Concierge responds personally to every enquiry.
To talk it through instead, call +65 6200 6220 or send a WhatsApp message to the same number.