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What do I need to do before I sell or transfer my property?
Before selling or transferring your property, you must complete certain steps that vary depending on your property type.
If you own an HDB flat
You will need to check with HDB to confirm your eligibility to sell or transfer your flat. After receiving HDB’s consent, either HDB or your lawyer (if you have one) will liaise with the Board to determine any amount, that must be refunded to your CPF account. For more information on the resale process, please visit HDB’s website.
If you own a private property
You will need to instruct your lawyer to obtain consent from the Board before proceeding with the sale you sell or transfer your property.
These preliminary steps ensure compliance with all regulatory requirements before your property transaction can proceed.
This information is sourced from CPF.
Related questions
I have made a voluntary refund. Do I still need to refund to my CPF account when I sell my property?
What will happen to my sales proceeds after the sale of my property?
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Do I need to refund the sale proceeds to my CPF accounts if I sell my flat after claiming the benefits under the Home Protection Scheme?
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