1 Answer

Hi mighty1,

The amount return to your CPF will be CPF utilised + accrued interest. You can check the CPF utilized and accrued interest from CPF website using your Singpass. For the balance, HDB will issue you a cheque during your sales completion.

However, note that should you be buying another HDB and taking HDB loans, you only get to keep 25k or 50% of your sales proceeds (whichever is higher). The remaining sales proceed will be utilize to buy your new HDB.

Anyway, did u make the HDB valuation? Coz that is the only way to ascertain the value of your house.

Should you require further info, please feel free to get in touch with me.

Cheers,
kelvin
 9012 2228 
kelvin@sghometoday.com Read More
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