If I'm selling my HDB and my buyer wants to pay using CPF, how will I receive my payment? Where does the money go?

Irregardless of how the buyers pay whether is it using CPF or Cash, you will be receiving it back in the amount based on what you used.

If you pay full cash, you get it back full cash.

If you pay with CPF and cash, you will get the remaining cash after minus the CPF principal and accrued interest due to it.
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Hi seller,

No worries, if you have previously bought your HDB house in only cash, you will receive the proceeds in cash as well. The buyer's way of financing the purchase with CPF will not affect the fact that you will get cash.

On completion date, HDB will give you a full cash amount in cheque provided no deductions or anything. Depends on case by case basis, there may be deduction from your proceeds. Please contact me at 97723007 if you need to know the details. Thank you

Tze Wee

97723007

CEA Reg no.R058547I

Marketing Manager

ERA Realty Network Pte Ltd