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My husband and I are both in our 30s. We intend to sell our 5-rm Exec. HDB flat next February once our MOP is met. Will the net cash proceeds that we received be reduced by the current CPF requirement for an individual to have a Minimum Sum of $131K in their CPF account for retirement?
Pls advise. Thanks!
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2 Answers

Geryl Lim
Replied
Hi Grace,

Typically, only the amount utilised through CPF for your instalment will be returned back into your CPF account with accrued interest. Remaining proceeds should be paid to you in cheque on final completion.

Should you need any assistance in marketing your unit, do take down my number and contact me accordingly.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Choo Jia Ming
Replied
Dear Grace,

Please kindly drop an email to me on your requirements & expectations to discuss further

I hope to hear from you soon

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
Salesperson registration. no: R026370F Read More
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