Property Calculator
HDA Payment Schedule Calculator
For new properties sold by a developer, the Housing Development Act 1966 (HDA), Third Schedule, Clause 4(1), sets when the developer may bill the buyer and how much at each stage. Enter the SPA price to generate the full progress payment schedule, add your own remarks and save it as a PDF. The percentages are fixed by law and cannot be changed.
RM
The total price in the Sale and Purchase Agreement between developer and buyer
Payment schedule overview
SPA total
RM 0
Total of all stages
0%
SPA payment schedule (Third Schedule, Clause 4(1))
| Stage | Construction milestone | Payment % | Amount (RM) | Remarks |
|---|---|---|---|---|
| Total | 0% | RM 0 | ||
How to use:
1. Enter the SPA price; the table calculates the amount due at each stage.
2. Use the remarks column for notes such as expected payment dates, payment method or construction progress.
3. "Save as PDF" downloads the schedule as a PDF file.
Reference: SPA Third Schedule, Clause 4(1): 13 stages, 100% in total.
Payment percentages: Set by law; developers cannot change them.
When the developer can collect: After each stage is completed and the developer issues a written notice, the buyer pays the amount for that stage within 21 working days.
Buyer protection: The last two stages after vacant possession (VP), at 8 months and 24 months, cover the defect liability period. The lawyer holds these payments as stakeholder, and the developer must repair any defects found during this period at no cost.
Stage 4: The lawyer releases this 2.5% to the developer only after the authority confirms the issue of the subdivided (strata) title.
1. Enter the SPA price; the table calculates the amount due at each stage.
2. Use the remarks column for notes such as expected payment dates, payment method or construction progress.
3. "Save as PDF" downloads the schedule as a PDF file.
Reference: SPA Third Schedule, Clause 4(1): 13 stages, 100% in total.
Payment percentages: Set by law; developers cannot change them.
When the developer can collect: After each stage is completed and the developer issues a written notice, the buyer pays the amount for that stage within 21 working days.
Buyer protection: The last two stages after vacant possession (VP), at 8 months and 24 months, cover the defect liability period. The lawyer holds these payments as stakeholder, and the developer must repair any defects found during this period at no cost.
Stage 4: The lawyer releases this 2.5% to the developer only after the authority confirms the issue of the subdivided (strata) title.