A termination refund will be available, in case a tenant wishes to terminate the tenancy after execution of the Lease Agreement and Service Agreement. The calculation of refund amount for different payment options is based on the following formula:
Refund = (Full Entry Contribution Amount x Refund Percentage ) - Outstanding Entry Contribution Amount
Click here to download the Refund Percentage
Case illustration of the termination refund mechanism:
Scenario 1
Scenario 2
Scenario 3
Please refer to Important Notes (Enhanced Long Lease Incentive Program) of related early termination request.
Please refer to Important Notes (Short Lease) of related early termination request.