This e-service gives you a preliminary assessment on the amount of sale proceeds that you may get when you sell your flat. Knowing the estimated amount of sale proceeds will help you evaluate your financial situation before selling your flat. Do your sums to minimise the risk in buying another property/flat based on any miscalculations or under-budgeting.
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- Estimated Resale Price (click Resale Flat Prices to view past one year HDB resale flats transacted prices)
- Your loan information on the outstanding mortgage loan amount which must be fully settled before completion
- The amount of CPF monies utilised towards the purchase of the flat with accrued interest (which must be returned to your CPF Ordinary Account)
- Any other outstanding payments to the relevant authorities
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To proceed, click one of the buttons below based on the type of loan you have taken for your flat.
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- If your resale price is not enough to settle your outstanding mortgage loan, it is a negative proceeds sale and you would have to pay the shortfall in cash to HDB or the lending bank. You would also need to return the cash deposit (which you have collected from the buyer) to HDB. This will be used to settle your outstanding mortgage loan and any CPF refund.
- If you have used your CPF monies for the purchase of the flat, you need to make a full refund of the CPF savings withdrawn plus accrued interest to your CPF account. If you are 55 years old or above, please check CPF policies on refund of CPF monies before making any commitments to sell your flat.
- Visit the my cpf to find out more about CPF matters relating to sale/purchase of flats.
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