🏡💰 You sold your HDB for $800K. So how much actually goes into your bank account?
This is one of the biggest misconceptions I see when homeowners calculate their next property budget.
Your selling price is not your cash proceeds.
For an HDB resale, the money generally goes towards:
🏦 Outstanding housing loan
📋 CPF refund + accrued interest
💵 Other amounts payable, such as resale levy or upgrading costs where applicable
⚖️ Sale-related expenses
Only after these deductions do you get your actual balance sale proceeds. HDB specifically recommends estimating your net proceeds before selling, especially if you need the money for your next home.
And there's an important distinction between CPF refund and cash in the bank.
If you used $250K of CPF over the years, your required refund can be higher because accrued interest is included. That refunded amount goes back into CPF, not directly into your bank account.
For example:
🏠 Selling price: $800K
🏦 Less loan: $300K
📋 Less CPF refund: $250K
💰 Approx. balance: $250K
That $250K is much closer to your actual sale proceeds before other applicable costs.
And if you're 55 or older, the CPF refund may first be used to meet your applicable retirement sum before any remaining amount stays in your OA.
🔗 https://propertynet.sg/hdb-sale-proceeds-2026-agent-fees-cpf-refund-cash-in-bank/
📌 Before you decide what property you can afford next, don't start with your HDB selling price.
Start with your estimated net proceeds.
That's the number that tells you what you actually have to work with.
PropertyNet.SG
HDB Sale Proceeds 2026: How Agent Fees and CPF Refund Decide What Lands in Your Bank | PropertyNet.SG
Your HDB sale price is not your cash. See how the CPF refund, accrued interest and agent fees split your proceeds in 2026, with a worked example.
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