AskGuru Q&A Community

Hi,

1) CPF + Accrued interest: You may put up an appeal to CPF to waive off the accrued interest with reason.
Do not mistake that all accrued interest can be waived, it is only after deducting all sales proceed and waive off the $10k accrued interest.
2) Resale levy: This cannot be waived and must be pay in cash. You have to dig out your saving for this payment before completion. Otherwise, you will not be able to collect your next purchase BTO/SBF keys.
The reason being you are receiving another subsidized flat such as BTO/SBF.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

Note:
Any response to our answer here will not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, you mentioned 40k resale levy so meaning you have already purchased another BTO flat as 2nd timer?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

If you sell your flat at or above Valuation, you (or your lawyer) could write in to CPF board to waive off this shortfall of CPF refund.

As for resale levy, it has to be paid in Cash, upon the sale completion of your first subsidized flat. The amount will be dependent on your flat type.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more 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,
Do contact me @ 97100155  .
I would be glad to assist you.
Hope to hear from you soon.
Pei ERA Read More

Good day,

if you are purchasing another subsidized flat such as an EC and your current flat sold suffers negative sale, you can use your CPF to pay the resale levy. This is reflected in your estimated cash proceeds calculation when endorsing your HDB documents in your resale portal.

Do drop me a buzz at 90275509  to know more.

Best Regards
Lexus Teo Read More