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Hi

I am going to upgrade to condo, like to sell my hdb, i would like to know what are the charges for selling the hdb and if my hdb grant will be taken back upon sales? and if i sell hdb, money go back to cpf can it be used to pay for the condo?

Thanks in advance
Regards
Jason
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6 Answers

Afternoon Jason,

Firstly, you need to fulfill the a MOP before you are eligible to sell. The housing grant will be returned to your CPF account after the completion of sales, along with your CPF funds and interest. This funds can then be utilize to purchase the private property provided that you are not above retirement age.

Do feel free to contact me further for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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GAN ENG JOO ONASSIS
Hi Jason,

Re: Our Preferred SG Professional- ASAP Real Estate Services

No worries, if you have not reached 55 years old yet. If yes, CPF will required min retirement fund in your CPF.

Housing grant will not be taken back unless you opt to buy BTO HDB. Resale levy applied :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

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Hi Jason,

Are you going for a resale Condo, or new launch. Reason for asking is because if you are going for a new launch, then you will in no hurry to sell of your hdb right now, until you are getting keys to your condo soon.
Answer to all your questions... Agent commission will be 2%, the grant that previously you have taken will not need to return since you are getting a private, as for your CPF, money returning back can be use in this private.
No matter which agent you are going to engage later, remember, 2 months extension is important to you.

Thanks and Regards,
Sim Lenghua
 9853 2365  Read More
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

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