HI Mr Chee,
Thanks for posting in PropertyGuru.
Generally what you have contributed in cash, you will be able to get it back in cash. How the calculation works is like that, whatever is the selling price, we will need to pay off the outstanding loan then after that refund the CPF used back to our CPF account. The only thing to take note is that we also need to put back the accrued interests for the CPF that we have used. So whatever cash yo have used, you will be able to get it back in cash. Just need to factor in the accrued interests.
If you have anymore queries, please feel free to contact me and I will be more than happy to clarify for you. We can also meet up for a coffee session and no worries, absolutely no obligations. No need to buy or sell also can meet up for a chat. May I also request for you to visit my website, www.jeffreyheng.com to read some of the testimonials that my clients have left for me. I think I should be able to provide some good advice for you.
Looking forward to hear from you soon. Thanks.
Best Regards,
Jeffrey Heng
Deputy Division Director
ERA Realty Network Pte Ltd
SAEA Best Client Service Award Nominee 2012/2013
Mobile :
+65 9858 1322
Email : hengjeffrey@gmail.com
Web : www.jeffreyheng.com
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