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I would like to sell my HDB 4 room flat at UBI which i have fully paid. If i sell the flat and gain a profit, can i take all the cash? Upon buying a resale flat i just use all my OA without using the cash.
Thank you.
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2 Answers

Afternoon Roslee,

As your unit have being fully paid for, you should be able to see profit from sales. However, you must have also fulfilled the MOP requirement. If you are buying another resale HDB unit using purely with your CPF funding, you are entitled to keep the proceed to yourself. I have recently sold a unit at Blk 347 at quite a good pricing.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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