Sky_Ray 0 Report post Posted August 22, 2009 Just a question: 1995 – Bought HDB (5RM): $350,000 Instalment paid by CPF: $100,000 Outstanding amount: $250,000 2009 - Current HDB (5RM) Valuation: $450,000 If Managed to sell HDB at: $450,000 (COV = $ 0) Ower’s Credit: Amount back into CPF (OA): $100,000 Amount earned (COV): $ 0 (Who get this?) HDB Amount difference: $100,000 (Owner? or HDB?) If Owner? Is this amount going to be Cash or back to Owner’s CPF? Share this post Link to post Share on other sites
therat 18 Report post Posted August 22, 2009 selling price -(Amount use from CPF + interest + balance loan) Any balance will be cash to owner Share this post Link to post Share on other sites
born_again 0 Report post Posted August 23, 2009 dont forget to compute the interests incurred for drawing out your CPF. Confirm actual amount to go back into CPF by logging into your CPF account to check Share this post Link to post Share on other sites
