How do quarterly instalments work?
Short answer
A quarterly plan splits the balance left after the down payment into equal sums due every three months, so an eight-year plan carries 32 payments and a ten-year plan 40.
How many payments does a quarterly plan carry?
Four a year. An eight-year plan carries 32 instalments, a ten-year plan 40, and a five-year plan 20. The catalogue's plan lengths run from one year to fifteen; eight years and ten years are the two it shows most.
When does the first instalment fall due?
The first quarterly instalment falls due three months after the plan starts. Where the plan starts is the developer's call: the schedule runs either from the contract date or from handover, and the plan card on the compound page names the start. Once that date is known, the rest follow every three months to the end of the plan.
How does the down payment fit in?
The plan has two parts. The down payment is paid at contract and the balance is divided into the quarterly instalments that follow. In the catalogue today 5% and 10% are the two most common down payments, and the plan length is measured after that figure, not from it.
Is there a payment at handover?
Some plans put a further sum due at handover on top of the quarterly instalments. When a compound's plan carries one, the plan card on its page prints it beside the deposit and the length, so the buyer reads the whole of what is paid from contract to handover.
Are quarterly plans the only option?
No. A plan carries one of four spacings: monthly, quarterly, half-yearly or annual. A monthly plan raises the number of payments and lowers each one; an annual plan lowers the count and raises each. Quarterly sits between them at exactly four payments a year.
What changes the number of payments?
The spacing. The same eight-year balance is 96 payments monthly, 32 quarterly, 16 on a half-yearly plan and 8 once a year. A shorter plan raises every instalment and clears the price sooner; a longer plan lowers each one and runs nearer to handover.
What does a real plan look like?
Nautilus shows a 5% down payment over eight years on its page, which is 32 quarterly instalments. Central Water Residences shows 5% over ten years, which is 40. Both are the shape the catalogue shows most: a small deposit and a plan counted in years.
Updated 4 October 2026
