AskGuru Q&A Community

Hi,

I think you have got it mixed up. For sales with negative sale, you are supposed to top up your CPF with CASH if you sell the flat much below Valuation. If you sell it at Valuation, you could appeal to CPF to give a waiver. Buying is a separate matter. You will be able to qualify for the Grants if you're eligible.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for further in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi
No worries on that as CPF usually won't require you to pay up the 60 lk difference provided you aold your flat at market price. Your grant also won't be affected provided you are eligible as a first timer. Since you already sold your flat, I would assume you bought uour 1st flat without using any grants. Do contact me at 93375051  for a free and non obligatory discussion on propwrty issues.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi;
For selling part, the negative sales doesn't 'carry forward' to your next purchase.You can write in to appeal for waiver provided your unit is sold at Valuation price or higher( subjected to approval).Not sure if you are aware, one of the reason why your first flat is sold at negative sales is due to buying from resale market. So, why would you want to repeat the process again? There are actually more options available for you instead of buying resale again, since you are still considered as First-Timer still. Do PM me for further discussion as i'm unable to contact you here. Thanks and have a great week ahead ..

Regards;
Lyna Song
 9623 8442 
Associate Group Director
Propnex Realty Pte Ltd
lynasong@hotmail.com
https://wa.me/6596238442 Read More