The Privé Payment Plans: Bank Financing and the Instalment Route Compared
The Privé does not run one fixed payment policy — the developer issues terms in short cycles and renumbers them each round. So the first question on any quote is not “what are the terms” but “which dated notice is this from”.
Two structures are in circulation: scheme 27, the leveraged route most foreign buyers are shown, and scheme 25, the twenty-instalment route for buyers who do not want debt. Both are set out below as timelines.
Contents
Check the date on the notice first
Dat Xanh revises The Privé’s payment terms frequently — commonly every one to two months — and each revision gets a new number. The practical consequences:
- Payment tables circulating on property portals and in chat groups are often expired.
- Interest support notices carry a disbursement deadline. Miss it and the support does not apply, even if you signed under that scheme.
- Two buyers in the same tower can sit on different terms depending on when they signed.
Ask your agent for the stamped notice, check its number and effective date, and compare only within that document.
Scheme 27 — the leveraged route
- 1Sale & purchase or transfer contract signedBuyer funds this instalment in full10%cum. 10%
- 2Bank disbursesWithin 30 days of instalment 1 falling due — tripartite agreement signed with developer and bank60%cum. 70%
- 3Handover noticeBuyer pays 20% · bank disburses 5%25%cum. 95%
- 4Title issuance noticeBank disburses this instalment in full5%cum. 100%
Own capital to move-in is 10% at signing plus 20% at handover. The developer covers 100% of interest for 24 months from disbursement, with principal grace up to 60 months. Interest support applies to the instalment 2 disbursement only.
Three conditions that are easy to miss in the notice:
- Support applies to the instalment 2 disbursement only — not to the whole facility over its life.
- There is a disbursement deadline in each notice. The support is conditional on drawing down before it.
- The rate after 24 months is the bank’s commercial rate, capped at 9.9% p.a. in recent notices. Over a twenty-year loan that number matters far more than the two supported years.
Scheme 25 — twenty instalments, no debt
- 1Sale & purchase or transfer contract signed10%cum. 10%
- 230 days after instalment 15%cum. 15%
- 330 days after instalment 25%cum. 20%
- 4-16Thirteen consecutive instalments2% each, 30 days apart13 × 2% = 26%cum. 46%
- 1730 days after instalment 163%cum. 49%
- 1830 days after instalment 173%cum. 52%
- 19Handover noticeThe largest single payment of the scheme43%cum. 95%
- 20Title issuance notice5%cum. 100%
Very light through the middle — thirteen consecutive instalments of 2% — but it concentrates 43% into a single payment at handover. If you take this route, have the funds for instalment 19 arranged in advance: it falls exactly when you must pay to receive the apartment.
The two routes compared
Reference discounts of roughly 5–10% on the pre-VAT price apply on the faster instalment routes, depending on the scheme in force. Foreign buyers should confirm two separate things: the price list that applies to them, and whether their chosen lender finances non-residents on these terms. The answers move independently of each other.
Frequently asked questions
How much can I borrow to buy at The Privé?
Under payment scheme 27, up to 70% of the contract value, with the developer covering 100% of the interest for 24 months from disbursement and a principal grace period of up to 60 months. Terms are reissued periodically, so confirm which numbered notice is in force before you rely on these figures.
How much of my own money do I need?
Under scheme 27, 10% at contract signing and 20% at handover — 30% of your own funds by the time you take the keys. Under scheme 25, the instalment route, you fund 100% across twenty instalments.
What happens after the interest support ends?
The rate reverts to the bank’s commercial rate — capped at 9.9% p.a. in recent notices — and the margin over the reference rate is what you pay for the remaining term. Ask for it in writing before signing.
What is scheme 25?
The non-financed route: twenty instalments over roughly 18 months. 10% at signing, 5% twice at 30-day intervals, then thirteen instalments of 2%, two of 3%, then 43% on the handover notice and 5% at title issuance.
Why do the payment schemes keep changing numbers?
The developer issues payment terms in short cycles, commonly every one to two months, and renumbers each release. Material circulating online is frequently expired, which is why the first question on any quote should be which dated notice it comes from.
Can foreign buyers use bank financing?
Eligibility and terms for non-resident borrowers differ by lender and are a separate question from whether the project is open to foreign buyers. Confirm both before committing.
Get the payment notice in force today
Leave your details and a Realtique specialist will send the current dated payment notice, model both routes against your cash flow, and confirm the remaining foreign allocation in the tower you are considering.
