HDB flat sale proceeds
Selling your HDB flat? See what is left in cash after the loan, the CPF refund (grants included) and the selling costs, and whether the flat has met its minimum occupation period.
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Result
Worked exampleCash you receive
$182,830
After the loan, the CPF refund and the selling costs. $200,000 goes back to your CPF.
Back to your CPF
$200,000
The CPF used, grants included, and its accrued interest
Minimum occupation period
Met
6 years of 5 years
| Selling price | $650,000 |
|---|---|
| Home loan repaid | -$250,000 |
| CPF refund, back to your CPF account | -$200,000 |
| Agent fee (2% plus $1,170 GST) | -$14,170 |
| Legal fees | -$3,000 |
| Cash to you | $182,830 |
- CPF Board takes the selling price in this order: the outstanding home loan, then the CPF refund, then the other costs of the sale. Any option money you receive in cash counts as part of the price and goes to your CPF first.
- CPF housing grants used for the flat are refunded to CPF with their accrued interest, as part of the CPF refund.
A planning aid, not advice. It uses the rules shown below and the figures you enter. Banks, IRAS and CPF Board decide the actual figures for your case.
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See exactly what would be sent
What you entered: Selling price: $650,000 Home loan still owed: $250,000 Agent fee: 2% Legal fees for the sale: $3,000 Minimum occupation period of your flat: Most flats: 5 years Years you have lived in the flat: 6 years CPF used for this home: $200,000 The results: Cash you receive: $182,830 Back to your CPF: $200,000 Selling costs: $17,170 Minimum occupation period: Met
The rules behind the numbers
Each table shows where the rule comes from and when we last checked it against that source. Rules change: check the source before you commit.
Where the selling price goes
| Rule | Figure used |
|---|---|
| First | The outstanding home loan |
| Then | The CPF refund: the CPF used and its accrued interest |
| Then | Other costs of the sale, such as the agent fee and legal fees |
| GST on the agent fee | 9% |
| Agent fee (our planning figure) | 2% of the selling price |
| Legal fees on the sale (our estimate) | $3,000 |
This order is CPF Board's for HDB flats and for private homes bought or refinanced on or after 1 September 2002. The agent fee and legal fees are planning figures, not rules; use your own.
- Source: CPF Board: What will happen to my sales proceeds after the sale of my property?. Last checked against this source on 29 September 2026.
- Source: IRAS: Current GST rates. Last checked against this source on 27 September 2026.
The CPF refund when you sell
| Rule | Figure used |
|---|---|
| The refund | The CPF used for the home (grants included), plus the accrued interest |
| Accrued interest | What that CPF would have earned in your Ordinary Account |
| If the price less the loan is less than the refund | Only that much is refunded, when you sell at market value; you do not top up the rest in cash |
| Option money received in cash | Part of the price, and refunded to CPF |
| Where the refund goes | Below age 55, to your Ordinary Account |
- Source: CPF Board: Refund of CPF savings when you sell or transfer your property. Last checked against this source on 29 September 2026.
- Source: CPF Board: What happens to the sales proceeds after selling your home (26 July 2024). Last checked against this source on 29 September 2026.
Minimum occupation period
| Flat | Minimum occupation period |
|---|---|
| Standard flats | 5 years |
| Plus and Prime flats | 10 years |
| Prime Location Public Housing (PLH) flats | 10 years |
Flats sold before the Standard, Plus and Prime classes keep their own conditions: most have a 5-year minimum occupation period, PLH flats 10 years. When a Plus, Prime or PLH flat is sold, part of the price goes back to HDB to recover the extra subsidy.
- Source: MND: New flat classification framework: Standard, Plus, Prime. Last checked against this source on 29 September 2026.
- Source: CEA: Five things you should know about the Prime Location Public Housing (PLH) model (29 November 2021). Last checked against this source on 29 September 2026.
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