Do I have to refund my CPF when I sell my HDB flat?

Yes. The CPF you used for the flat, plus the 2.5% a year interest it would have earned, goes back into your CPF Ordinary Account from the sale proceeds. It is your own money and can be used for your next home.

What if my selling price cannot cover the CPF refund?

If you sell at market value, you do not need to top up the shortfall in cash. The sale proceeds after repaying the loan are refunded to CPF, and the unrefunded balance is waived.

Do I pay Seller's Stamp Duty on an HDB flat?

Rarely. SSD applies only if you sell within 3 years of buying (4 years for homes bought from 4 July 2025). Most HDB flats have a 5-year minimum occupation period, so SSD usually does not apply.

When do I pay the resale levy?

Only when you buy a second subsidised flat, such as a BTO or new EC, after selling one. It ranges from $15,000 to $50,000 for families depending on the flat you sold. Buying a resale flat or private property does not incur a levy.

AI Mortgage Agent

Singapore

Free Consult

Singapore / Selling Your HDB

Sell HDB Calculator

Know what you keep before you upgrade.

Before you upgrade, see what your sale really leaves you. Work out your CPF refund with accrued interest, Seller’s Stamp Duty, agent fees, resale levy and cash proceeds.

Calculate sale proceedsFree to use. No sign-up.

The informed home buyer

One sale. The next home in view.FIG. 05

2.5%
CPF accrued interest a year: 16%
SSD if sold within 1 year: $15k–$50k
Resale levy for families

CPF Board · HDB · IRAS

Make it yours

What your sale leaves you.

Enter your flat’s numbers. We’ll show the CPF refund, costs and cash you walk away with.

Updates as you type

Your sale

CPF used for this flat

When did you buy it?

What are you buying next?

Your inputs stay in this browser session.

Cash you walk away with

$188,330

Plus $265,000 back into your CPF Ordinary Account

Selling price: $650,000
Less outstanding loan: −$180,000
Less CPF principal refund: −$220,000
Less CPF accrued interest (2.5% a year): −$45,000
Less Seller’s Stamp Duty (0%): −$0
Less agent fee incl. GST: −$14,170
Less legal fees: −$2,500
Cash proceeds: $188,330

CPF interest estimated at 2.5% a year, compounded monthly. Your CPF statement has the exact amount.

Your next home at $1,400,000

Assuming a bank loan at 75% loan-to-value. Your CPF refund can go toward the down payment.

25% down payment (at least 5% in cash): $350,000
Buyer’s Stamp Duty: $40,600
Upfront funds needed: $390,600
Cash proceeds + CPF refund: $453,330
Left over after upfront costs: $62,730

Excludes ABSD. Citizens selling within 6 months of buying a private home can claim an ABSD refund.

Upgrading? Check how much a bank will lend you.

Where your sale proceeds go

The buyer's money pays off your outstanding loan first. Next, CPF Board takes back the CPF you used, with accrued interest. Whatever remains after fees is your cash proceeds. Your exact CPF figures are on the CPF home ownership page.

Planning the upgrade

Your CPF refund can fund the down payment on your next home. Check what a bank will lend with the TDSR calculator, and budget the duty with the stamp duty calculator. For the HDB resale process, see HDB's guide to selling a flat.

Good to know

Frequently asked questions

Free consult

Your numbers are ready. Let's pressure-test them.

Bring these results to a 15-minute call. We'll confirm your eligibility and shortlist the sharpest bank packages for your situation — no obligation.

Get my free consult

Keep going