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Mei

01 Apr 2023

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Anyone who took government grant for HDB flat and sold it to buy another one after MOP is up? May I know if there are any hidden charges that HDB impose?

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Ace

24 Apr 2023

I dun think there's any hidden charges for Singapore govt related transactions. All the cost are always stated on the website, there are also calculators to use.

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LLy

02 Apr 2023

My understanding is, the grant will be deposited into your CPF OA, then deducted when paying for it, hence it will incur the accrued interests.

And it will also be considered as "repaying to CPF account" when you're selling the unit, so the grant sum + accrued interests will be deducted from the sales proceeds to go back into CPF.

I stand to be corrected though.

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