SC Global introduces enhanced purchase plan for Hilltops units

Singapore

SC Global Developments Pte Ltd, a developer of upmarket residences, on Thursday unveiled an Enhanced Purchase Plan that allows prospective buyers of its Hilltops condominium to earn a 10 per cent return per annum on a 20 per cent downpayment - in what is believed to be the first such financing scheme in the market.

Prospective buyers will be given a two-year option to purchase the units at a price that is fixed today, said SC Global. It added that the units for sale are among the 30 owned by SC Global and leased out to tenants, from which the 10 per cent yield will be secured.