AskGuru Q&A Community

Hi.

Do you mean the cash amount that you will get back?

Then it goes like this:

Selling price
- Loan balance
- CPF contributed Read More

Hello,

The current valuation of your unit should be around $415k. Thus you can definitely sell higher than your current asking price. Assuming that your selling price is at $450k, subtracting $185k and total CPF used and interest, that should give you the gross profit.

Do feel free to contact me for non-obligatory discussion.

Regards
Mike Lim
 96929209 
ERA Read More

Hello,

The current valuation of your unit should be around $415k. Thus you can definitely sell higher than your current asking price. Assuming that your selling price is at $450k, subtracting $185k and total CPF used and interest, that should give you the gross profit.

Do feel free to contact me for non-obligatory discussion.

Regards
Mike Lim
 96929209 
ERA Read More

Hi,

Contact me if you need help.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
www.ArcAtTampinesEC.com
ERA Read More

Hi Environment,

A quick formula for you to determine your cash proceeds is:

Estimated Selling Price ($450k)
- Deposit by buyer $5k
- Outstanding housing loan $185k
- Total CPF utilised with accrued interest
- Resale levy if applicable
- Any upgrading and miscellaneous fees
= Cash proceeds

It'll be great if we can sit down and discuss on the selling price if you are keen in selling. Contact me further if you need any assistance.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg
ECG Property Pte Ltd - A Boutique Real Estate Company Read More

Hi,

Your profit will be selling price - $185k - CPF fund used with interest which you can find that in your CPF statement under Property.

Feel free to contact me shall you need an agent's service.

Regards,
Jaslin HSR
Mobile : 8333 9131  Read More