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Is it common nowadays to sell property coming to 40 years mark at loss / negative sale proceeds?
If I sell my property (HDB) above market valuation but negative sale proceed, after sales proceed settled the outstanding loan first, the remaining proceeds refund back to my CPF. Do I need to write in appeal to CPF for the shortfall or is it automatically waived off?
Also how to pay the Option Fee & Option Exercise Fee back to CPF? How to pay agent’s commission? Do I pay the agent directly or to the company?
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4 Answers

OHMYHOME PTE LTD
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Landon Chew
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

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Geryl Lim
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John Lai
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Hello there!

With my strong foundation in property analysis, market trends, and legal frameworks, my expertise covers a broad spectrum of real estate matters.
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John Lai | 黎潍铭
 8444-0899  | john.lai@kwsingapore.com
Associate Growth Manager 
KW Singapore Real Estate

Top Achiever Agent 2023 (PropNex)
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