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My Parents are planning to sell their 1-room flat and move in with my sister, do they get to keep all the cash proceeds from the sale after deducting what they have paid to CPF initially? They are not gonna buy any house anymore either.
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Mike Lim
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Afternoon Mrs. Yeo,

I have served a pair of old couples, selling their unit in Holland Village. They are around 65 y/o. Beside the CPF used and interest, other than the Outstanding Loan, my sellers was given a cheque, by HDB, on the balance, as their cash profit.

FYI
Mike Lim
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