Short answer
Selling takes about 3 to 4 months from listing to completion †. Net proceeds are the sale price less outstanding loan, CPF refund with accrued interest, agent commission, legal fees and any Seller's Stamp Duty if you sold within the SSD holding period (four years for homes bought on or after 4 July 2025, three years for earlier purchases).
† marks a figure we have not confirmed yet. Check the official source before relying on it.
Steps
- Check MOP and any SSD.
- Get a valuation and compare nearby transactions.
- Choose an agent or sell yourself; set a price.
- Grant the Option to Purchase and receive the option fee.
- Complete the sale; repay loan and refund CPF.
Net proceeds
Proceeds = sale price − outstanding loan − CPF refund with accrued interest − commission − legal fees − SSD. Build this before you commit to buying the next property.
Sources to check
Frequently asked questions
What is the agent commission?
It is negotiable and not fixed by law. Agree it in writing before engaging an agent.