the booking fee is paid when you register your interest in the project.

the deposit is usually paid when you execute the Sale and Purchase Agreement together with the loan agreements.

your monthly loan installments however is only payable when the Developer issues their first progressive payment claim to your Bank however depending on some developers.

*progressivee payment claims means the claim for monies by the developer for completed stage of construction of the project (eg. piling, frameworks, wirings etc). you can refer to schedules at the back of your Sale and Purchase Agreement for the relevant stages and the percentage of claims but take note though, it is not necessary for the stage to follow through from stage a to z.

"Execute S&P Agreement" means the act of you signing the agreement. The Developer usually will not date the agreement on the date of your signing. It will be left to the solicitors to do so and usually the date will fall on the date where the solicitors present same for stamping at the relevant authority but depending on the Developer, some will drag on for months because the AP/DL is pending. You need to check with your respective sales agent.

It's very typical for Developer's to be greedy in getting monies before signing the agreements but most of the time, balance deposits are paid at the time the agreement is ready for signing. Commonly, only booking fees (2% or 3%) is paid to the Developer/Agent to secure the unit.

Technically speaking, you are only paying either 7% or 8% of the deposit since you most probably already paid the 2% or 3% during your booking earlier on.

You have to check with the Developer's office if they accept credit card. Some does, some don't. There are no general rules for this.