7 Answers

YT Tan (陈永达)
Good afternoon Sir/ Mdm,

Do let me humbly advise you how to derive sales proceeds:

1) Sale price
minus
2) Outstanding loan (if any)
minus
3) CPF utilised plus accrued interest (goes back to CPF OA)

For information on outstanding loan, it can be found on your ibanking website.

As for CPF info, log into your CPF website. It's under property statement.

Hope my sharing aids in clearing our doubts.

May I know how can I value add further in your property needs?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

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0
Hi, generally the calculation will be such that after deducting away the cpf with interest, bank loan, legal fee and agent commission, the rest will be the sales proceeds. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Joanne Chia 谢诗琳
Good day sir / madam.

Kindly contact me joanne at my mobile 8333 3327  for a no obligations chat for your property needs.

My charges are 1% commission for exclusive ( sole agent ) selling rights to your property or 2% for open listing ( many agents ) .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More
0
Dear Sir/Mdm,

The CPF that you have used to date plus the accrual interests will be refunded back to your OA account within 10 days from the sale completion of your property. The outstanding bank loan will also be deducted from your sale price with the balance being the sales proceeds.

If you are below the age of 55, you will be able to utilize the refunded amount and the amount in your OA to purchase another property.

Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

Visit my website to get to know me better:
www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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Testimonial from Satisfied Clients

“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer) Read More
0
Robbie Chen Chee Howe
Hi,

Whatever you have paid towards the property using your CPF funds, will have to be returned back, together with the accrued interest.

It seems that you're unclear about the funds you will get after selling your condo. Please contact me for a proper financial calculation for your property plans before you proceed further.

Should you need any 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
0
OHMYHOME PTE LTD
Hi there, the formula for your Sales Proceeds is = Sales price - outstanding loan - all owners CPF principal used and accrued interest

To get a comprehensive valuation report, and the best possible price for your property within the shortest amount of time, reach out to us at 9727 1009  , or email us at hello@ohmyhome.com and we'll fetch the optimal value for your property. Check out: https://ohmyhome.com/en-sg. Our rates are 1% of the Sales Price + GST, one of the lowest in the market. We will assist to
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-Buyer match AI algorithm to match buyers to your property in real-time

Our track records that we sell 50% of our deals in under 7 days and on average all deals in 55 days which is 2x faster than anyone in the market. 73% of the units sold by our Ohmyhome agents are above the market average, potentially increasing our Seller's profits by $50k

Let me know if you want to find out more! Read More
0
Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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