Flat Surrender to HDB

My 5 room flat is cost $580000. Havent met MOP. Still waiting for my final judgement letter. Now my flat is only 3 years. May i know how much loss will there be incurred. Will there be any cash pay out?? Cpf pay out? Appeciate your input please. Thank you.

Anonymous

9 Replies

Write a reply

I might be wrong, but surrendering your flat back to HDB you will only get back 92% of your flat's valuation price. HDB will do the valuation themselves. Please check with HDB to get a better understanding, as their rules and regulations change frequently.

8 Replies

Home Just Dads 5 room flat cost 580000 havent met mop still waiting final judgement letter now flat only 3 years i know how much loss there incurred there cash pay out cpf pay outappeciate your input please thank