Anyone who is a house agent here can help?
I want to know how much can my mum get back into her CPF and
cash, if any.
The flat was bought in 1998 at $175,000. Now its about $300,000
- $320,000. Its a 3 room upgraded. HDB loan of over $100,000 fully
paid off. If say she sold the house, she will get some cash with
the COV. Besides that, any others? According to my friend, she will
get more cash after deducting some $70plus k back into her CPF. I
got that $70k figure after seeing her CPF public housing statement,
it stated that amount will be refunded into her CPF account if she
sold the flat.
So is it possible she will get some more cash after the COV? She
is currently going through divorce proceedings with my dad. Just
curious how much roughly she can get back in cash after selling the
flat.
Why do you care how much money she gonna get ?
Those are HER money, NOT yours.
She decides how to use the money.
U want money, go earn it yourself.