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Would like to know how many percentage of the amount I would be getting from the house that we are going to sell @ 4 rooms HDB at Pasir Ris. We are in the midst of going for a divorce. House bought in year 2008 resale price of S$ 290,000.00.Monthly contribution from me is only 30%.
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3 Answers

Morning Carol,

For divorce cases, the standard split of cash profit is 50/50, though the CPF monies will be returned to individual contributor, with interest incurred. If there's a contest or mutual agreement, the split will then differ. Such figures are derived through hearing and contest which will be recorded on the final judgement.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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YT Tan (陈永达)
Hi Carol,

The spilt of sales proceeds will depend on the final judgement if not, it will be spilt equally.

Hope it helps!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior District Manager
R043025D
ECG Property Pte Ltd
(A Wholly Owned Subsidiary of ECG Group of Companies)
Estate Agent no. L3009759F
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Dear Carol,

It is unfortunate to hear this. I am assisting a client who is undergoing a similar situation in western part of Singapore and have another of my agent assisting a client in Simei with similar issues. My client has already received the interim judgement to decide how the cash proceeds are split while the Simei client has already gotten the final judgement. My fellow professionals have also indicated that unless you have mutual agreement or contest on the split, the more common outcome is equal shares or decided by court. May I know if you are already in the process of getting the court order?

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com
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