With the Enhanced Contra Facility (ECF), you have the privilege to Sell your existing HDB flat and buy another resale HDB flat by using the cash sales proceeds and refunded CPF from the flat sale at the same time.

Before you apply for the ECF, here are some important points to keep in mind:

1. Both the sale of your current flat and the purchase of your new flat have to proceed concurrently in order to match the timeline.

2. You have to Submit both your selling and purchasing resale applications within seven days of each other.

3. The completion of the sale and purchase can occur on the same day.

4. Handling of the current flat and taking over the purchase flat can occur on the same day.

5. The ECF is not available if either the sale or purchase involves a bank loan.

6. Refunded CPF savings from the sale cannot be used to pay for stamp duty and conveyancing fees.

7. Applicants must not be undischarged bankrupts or have any bankruptcy proceedings commenced against them.

8. Only one party can apply for the ECF in a single transaction.

With over 17 years of experience, we’ve helped countless happy homeowners sell and upgrade smoothly—with minimal stress and maximum clarity.

Feel free to reach out. we’re always happy to guide you through your unique situation.