Selling HDB flat: 6 things to note about your HDB sales proceeds (2022)

Written on behalf of Strada Visual Lab for PropertyGuru Finance.

Excerpt


Anyone who has been through the process of buying an HDB flat, or even attempted research in that area can attest the start-to-end process is not a walk in the park at all. Similarly, selling an HDB flat and working towards the next property purchase is equally complicated.

Given how ‘hot’ the HDB resale market has been in the last year and property prices still continuing to climb in 2022, you may be considering selling your flat in hopes of turning a nice profit and taking the opportunity to upgrade your home while the market conditions are favourable.

To help you better understand where your money goes when selling your HDB, we’ll take you through different financial milestones from pre-flat sale to flat sale, post-flat sale and new flat purchase.


Read the full article here.