There r 2 types of sales package for SEH 2 phase 1 launch.

Alexus & Everna come with the normal STB scheme. Means after minus 5% rebate, u just need to fork out remaining 5% after signing SPA. Progressive billing so need to bear bank interest during construction period. U know the drill, so pls get ur loan approved before signing SPA.

Banyas & Clarus shall hv the BTS 10:90 scheme. Sales package can refer to post # 585. This is the one that 'pay balance 90% after VP'.

10:90 scheme is Build Then Sell (BTS) concept. 10% down payment, remaining 90% payment (by bank loan or by cash) within 21 days after VP. Does not involve progressive bank interest. But if fail to get bank loan or pay by cash for the remaining 90% payment within 21 days after VP, 10% down payment will be forfeited to developer. It is advisable to finalize the bank loan agreement a few months before the dateline in order to allow sufficient time for bank to do remittance.

BTS concept SPA is signed according to standard HDA SPA Schedule I. Can read the following link for more details (courtesy of Bro samkps): http://www.hba.org.my/laws/housing_reg/200...I/schI-2007.htm