Sn0wing, not sure what is the price now but they always have promotion. I paid for straight 21 yrs to get more discount and save the hassle of paying every yr.
This is what I was offered during 2010 (i paid $2,889 in cash deposited into CDA for 21 yrs):
Our UltiMate plan is for 21 years, but we have different initial payment price plans. We are running a promotion for the month of November. Please refer to the promo pricing below;
November 2010 Promo (Valid till 30th November):
• Annual Installment plan : $1,600 - $350 = $1,250 + GST = S1337.50
Subsequent payment : $250 +7 %GST = $267.50 yearly
• 10 Years Plan : $3,850 - $450 = $3,400 + GST= $3638
Subsequent payment : $250 +7 %GST = $267.50 yearly ( from the 11th year onwards)
• 21 Years Plan : $5,850 - $450 = $5,400 + GST = $5778
Subsequent payment : NA
Modes of payment available
• CDA if applicable
• OCBC,UOB & DBS Credit Card with interest-free installments up to 24-mths (Masters or Visa Only)
• CitiBank Credit Card with interest-free installments for 12-mths (Masters or Visa Only)
• One-time Credit Card payment (Masters or Visa Only)
• Cheque payment