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If I sell my 4rm flat, the CPF monies plus interest utilized that are returned to my CPF OA, plus the existing amount in OA are able to fully pay for my 2nd BTO flat, can I do that and keep 100% of my cash proceeds? I'm not taking any loan.
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3 Answers

Mike Lim
Replied
Afternoon,

I'm sure you have done your sums prior to the purchase of your second BTO unit. As no loan is required, you are definitely eligible to keep your proceed from sales.

Regards
Mike Lim
 96929209 
ERA Read More
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Catherine PANG
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Jeffrey Heng
Replied
Hi Thye,

Thanks for posting in PropertyGuru.

From you have mentioned, you can definitely keep all your sales proceeds if your CPF monies in your OA after the sale of your current house is enough to pay for the whole house.

By the way, it is really not a bad move that you are taking here. Congrats.

Best Regards,

Jeffrey Heng
Associate District Director
HSR International Realtors Pte Ltd
Mobile : 9858 1322 
Email : hengjeffrey@gmail.com
Website : www.jeffreyheng.com Read More
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