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Home Financing

Asked by Alex L 17 May 2012

I am thinking to sell my condo, may i know will the money goes to my cpf or i can get all cash? (had pay part of the deposit by cpf)

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William Koh · Answer 1 · 2012-05-17T11:26:58+08:00

William Koh

Replied 17 May 2012

Hi Alex,

The sales proceed will have to minus off the outstanding mortgage loan, then top up into your CPF on those amount with interests which you have contributed with your CPF, then the remaining will be cash to you.

Cheers,
William Koh
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willkck@gmail.com
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