EP1: Home Seller’s Masterclass

How To Calculate Sales Proceeds From Sale Of HDB

Kick start your home selling journey with Episode 1: How To Calculate Sales Proceeds From Sale Of HDB.

This is the first and most important step in the selling process. Because without knowing with clarity the amount of sales proceeds you would receive from selling your home, it can be difficult to decide on the plans post-sale.

So how do we calculate sales proceeds?

It is through understanding the computation formula:

Sales (Cash Proceeds) = Resale Price LESS the following

1. Outstanding Mortgage

2. CPF Monies Used

3. CPF Accrued Interest

4. Other Outstanding Expenses.

Estimate your resale price though HDB’s own portal, which contains the data of all HDB transactions over the last 2 years.

If you still have an existing loan with a financial institution, check with them for your current outstanding amount. For a HDB loan, it can be assessed from the MyHDB web portal.

Then, CPF monies used as well as the hidden costs of CPF accrued interests are found from CPF’s website. (You can download the PDF instructions from here)

Other outstanding expenses would include things like Service & Conservancy Charges (S&CC) arrears, Property Tax, Upgrading Costs etc.


Once you’ve learnt how to calculate sales proceeds from sale of HDB, do know that it is just an estimate, and the actual transaction price depends on many factors, and is ultimately based on a willing seller and willing buyer basis.

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