Comments on: Enhanced Contra Facility: A Case Study https://hollandproperty.com.sg/enhanced-contra-facility-a-case-study/ Your trusted Holland Village resident agent Thu, 25 Mar 2021 12:17:05 +0000 hourly 1 https://wordpress.org/?v=6.9.1 By: hollandproperty https://hollandproperty.com.sg/enhanced-contra-facility-a-case-study/#comment-4166 Thu, 25 Mar 2021 12:17:05 +0000 https://hollandproperty.com.sg/?p=7314#comment-4166 In reply to Sonia.

In a contra case, you calculate your sales proceeds which will directly pay for the purchased flat. Yes, Hdb will take your CPF, 50% cash then loan. You may choose to keep up to $20k in your CPF.

]]> By: Sonia https://hollandproperty.com.sg/enhanced-contra-facility-a-case-study/#comment-4106 Fri, 05 Mar 2021 06:36:42 +0000 https://hollandproperty.com.sg/?p=7314#comment-4106 Hi, for contra may I check if the cash proceed calculation is the same as selling first, buy later? As in will we still get half proceeds as cash proceeds if we use contra? For contra, will they be taking cpf refunds + 50 percent proceeds and bal is loan? Thank you!

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