
Financial planning
Know your numbers before you decide.
- Take home after loan and CPF
- Budget for your next home
- Sell first or buy first plan
The Realtor That Cares · PropNex Singapore
Thinking of selling in Singapore? I start with where you want to be next. Then I work out what your home can sell for, and the cash you will really keep after your loan and CPF.
Free valuation and take home calculation. No obligation.
Proven results
Verified on his PropertyGuru agent profile. Real clients, real transactions.
Source: Timothy Tan's PropertyGuru agent profile, as at 12 Oct 2026.






3 questions every seller asks
Your selling price is not your cash. Your home loan, and the CPF you used plus interest, are paid back first.
Price it too high and it sits. Price it too low and you leave money on the table. Money you worked years for.
Get the order wrong and you could be paying two loans at once, or need somewhere to stay in between.
Watch Timothy explain
Pick the question on your mind. Each video answers it the same simple way.
A bigger home for the kids, or a comfortable retirement. Get the numbers wrong, and that plan can slip away.
I work backwards: what your home can sell for, and what you will really keep after your loan and CPF.
What you get
Price it too high and it sits. Price it too low and you leave money on the table.
I set the price with facts: a bank valuation, and what similar homes near you have actually sold for.
What you get
Get the order wrong, and you could pay two loans at once, or need somewhere to stay in between.
I work out what you will keep and what you can afford next, then we choose the order and timing.
What you get
Every seller is different
Selling an HDB flat, condo or landed home? Pick the one that sounds like you. Each plan starts from your situation.
More than one sounds like you? We can talk it through together.
Plan your sale and your next purchase together, with a clear view of the figures and the timing.
What we will work through
A conversation first. No obligation.
Know your price, your costs and your next step before you list.
What we will work through
A conversation first. No obligation.
Free up cash for the years ahead, with a clear picture of what you keep.
What we will work through
A conversation first. No obligation.
Someone you trust on the ground, with updates you can act on from anywhere.
What we will work through
A conversation first. No obligation.
One step at a time, with the whole family on the same page.
What we will work through
A conversation first. No obligation.
Time your sale well, and keep your tenant in the loop.
What we will work through
A conversation first. No obligation.
My method
Numbers are just numbers, without a purpose. So I start with your plan, not the price. Where do you want to be in five or ten years? Then I work backwards, and make every number serve that plan.
Try it now. Put in your own numbers and see the cash you could keep.
Your exact CPF refund is on your CPF home ownership dashboard (log in with Singpass).
Estimates for planning only. Commission is negotiable and agreed in writing. Legal fees are typical estimates. Your final figures depend on your loan statement, your CPF statement and the actual sale.
My 3 step approach
Simple for you, organised behind the scenes. You always know what happens next.
What your home can sell for. A bank valuation, checked against what similar homes near you have actually sold for.
About 1 to 2 daysWhat you keep, and your next move. Your loan, CPF and costs worked out, then the order and timing that fit your family.
Before we listI prepare, market and show your home, screen the buyers, and handle every viewing and every offer, until it is done.
Home staging about 1 to 2 weeksYour selling timeline
Every step, and how long it usually takes. Pick your type of home.
Your price, your take home and your next move, worked out before you list.
About 1 to 2 daysOn the HDB Flat Portal with Singpass. It is free and valid for 12 months.
Wait at least 7 daysStaging, photos, video and viewings. I attend every viewing.
Staging about 1 to 2 weeksOnly to a buyer with a valid HDB Flat Eligibility (HFE) letter. Option fee: $1 to $1,000.
When you accept an offerOption fee plus exercise fee: no more than $5,000 in total.
Within 21 calendar daysBuyer and seller each submit their part. Admin fee: $80 for 3 room and bigger flats.
Second party within 7 daysEndorse the documents about 3 weeks after acceptance. Approval follows about 2 weeks later.
Acceptance within 28 working daysYour loan is paid off, CPF is refunded, and the balance is paid to you. Need time to move? You may stay up to 3 months, if you qualify and the buyer agrees.
About 8 weeks after acceptanceSource: HDB, checked 14 Oct 2026. Based on these HDB timings, the option to the keys is roughly 3 to 4 months.
Your price, your take home and your next move, worked out before you list.
About 1 to 2 daysIf you bought on or after 4 Jul 2025 and sell within 4 years, SSD of 16%, 12%, 8% or 4% applies.
Before you listStaging, photos, video and viewings. I attend every viewing.
Staging about 1 to 2 weeksThe option fee is usually 1% of the price.
Option period commonly 14 daysThe buyer usually pays a further 4%. If SSD applies, it is due within 14 days of the contract.
Within the option periodYour lawyer and the buyer's lawyer prepare the documents and the payments.
Usually 8 to 12 weeksYour loan is paid off, CPF is refunded with interest, and the balance is paid to you.
On the completion dateOption fee, option period and completion time are common market practice, and can be agreed differently. SSD source: Ministry of Finance, 3 Jul 2025.
What I do for you

Know your numbers before you decide.

A price backed by evidence, not guesswork.

Help buyers picture living there.

Make your home stand out online.

Reach the right buyers, fast.

Handled for you, until the keys change hands.
No surprises
Every cost of selling, explained before you sign anything.
Negotiable, with no fixed or standard rate. It is agreed in writing before you list, and paid to the agency, PropNex, not to me. 9% GST applies.
As set out in your agreementAbout $400 if HDB acts for you. About $1,300 to $3,000 with a private lawyer. These are typical estimates.
At completion$80 for 3 room and bigger flats, $40 for 1 and 2 room flats. Paid by each party.
When you submitPaid off first from the sale price. A bank may charge a penalty, often about 1.5%, if you are still in a lock in period.
At completionNot a cost. The CPF you used, plus interest, goes back to your own CPF account for your next home or retirement.
At completionOnly for private homes sold soon after buying. Bought on or after 4 Jul 2025: 16%, 12%, 8% or 4% within years 1 to 4.
Within 14 days of the contractYou pay the whole year's property tax, then split it with the buyer. HDB owners pay S&CC up to completion.
At completionFree, with no obligation to list with me.
Before you decideSources: CEA, HDB, CPF Board, Ministry of Finance and IRAS, checked 14 Oct 2026. Legal fees and loan penalties are market estimates.
Success stories
Real homes, real results.
SOLDExecutive condoTampines
SOLDLanded homeSerangoon Gardens

Pasir Ris
SOLD5 bedroom penthouseBalmoral Crescent · D10
SOLD5 room HDBSembawang
SOLD4 bedroom penthouseSiglap · D15
SOLDInter terraceTai Keng estate · D19
SOLDHDB executive apartment"He has made the whole sale experience so smooth."
Alex Chai and Caron Kang
Sold while the owners were abroad
SOLDExecutive apartmentBukit Panjang
SOLDLanded homeHillview
SOLD2 bedroom condoSt Martin's Drive · D10
SOLD4 room HDBPunggol
SOLDCluster landedPasir Ris Park · D17
SOLD4 room HDBChoa Chu Kang
Prices are shown only with the owners' consent.
Moments with my clients
What clients say
Awesome! One word to describe Tim. We live overseas and he has made the whole sale experience so smooth and also achieved the sale price above our expectation.
We are very fortunate to have chosen Timothy as our property agent to be entrusted with the sale of our landed property. … The result spoke for itself -- there were many viewings of the house, which was eventually sold at a good price.
I'm glad I've engaged Tim to sell my unit as he's friendly, patience and trustworthy. Will recommend friends to him in the future. Good job 👍 and well done Tim 👏
Extremely professional and strategic when it’s comes selling and buying of properties on clients behalf. Take the time to understand clients goals, provide well-researched advice, and execute negotiations with precision and integrity.
I can confidently say that he is one of the best property agents I've ever had the pleasure of working with. … If you're looking for a trustworthy, responsive, and highly capable property agent who truly has your back, I highly recommend Tim.
I have dealt with Tim for a number of years and can categorically say that he is the only agent I would use in Singapore. He is honest, trustworthy and always has my best interest at heart.
A man that cares for his clients and does his best every time. Would always recommend his services to my closest friends and family.
Tim is highly dependable, very responsive and a pleasure to have as our agent.
Timothy helped me throughout the entire process of trying to secure a rental unit. He was meticulous and patient - highly recommended!
About Timothy
Hi, I am Timothy Tan, Senior Associate Division Director at PropNex. I believe sellers need clarity, direction and conviction to move forward, for their lifestyle and for the next generation. My job is to show you the why, before the how.
I come from a finance background, so I start with your numbers: what you will keep after your loan and CPF, and what you can afford next. Together with my team, I aim to give every client the best and timeliest service.
I schedule and attend every viewing myself, bring you every offer with my advice, and handle the paperwork and timelines, so you can sit back and celebrate. My approach is simple: no fuss, simple and effective.
It is not how you start, but how you finish.
Timothy's motto
★ Hall of Fame ★




Photos from Timothy's Instagram, @timsgproperty. Also listed on timothytan.sg: OrangeTee Top 5 Agents 2022, OrangeTee Top 10 Agents 2021, and The Business Times Top 10 Most Notable Agents in Singapore.
CEA Reg. No. R057094C · PropNex Realty Pte Ltd, Licence No. L3008022J

Free download
Two pages. Every step from planning to handing over the keys, for HDB flats, condos and landed homes.
A little clarity before you sell
From selling costs to your next move, here are the questions homeowners ask me most.
A conversation first
Every home sale
is a little different.
Have a question about your situation? We can talk it through together.
No obligation. Just a clearer next step.
Yes. Your valuation and take home calculation are free, with no obligation to list with me.
We start from the likely selling price.
Then we take away your outstanding home loan, the CPF you used plus accrued interest (this goes back to your CPF account), and your selling costs. What is left is the cash you keep, and we plan your next move around it.
Start with recent sale prices of similar homes near you.
For HDB flats, HDB publishes recent resale prices, and each listing on its Resale Flat Listing service shows what nearby flats sold for. These are a guide, not a valuation. The official HDB valuation only happens after you grant an Option to Purchase and the buyer submits a Request for Value. For a closer figure on any home, HDB or private, I look at recent sales nearby, your floor, facing and condition, and what is on the market now.
Prices are steady and buyers are active.
HDB's flash estimate for the third quarter of 2026 shows resale prices down 0.2%, after a 0.3% drop in the second quarter. Resale deals rose 17.7% in the third quarter, to 7,528 flats (HDB flash estimate, 1 Oct 2026). When prices are steady, the right asking price matters more than waiting for the market.
It depends on your cash, your loan and where your family will stay in between.
I work out both sides first, then we choose the order and timing that fit your plan.
Commission is negotiable, and there is no fixed or standard rate.
It is agreed in writing in your estate agency agreement, and you pay it to the agency, not to the agent. 9% GST applies.
After the Minimum Occupation Period (MOP).
It is 5 years for most flats, and 10 years for Plus and Prime flats, counted from the date your purchase was completed. I will check your dates at the valuation.
Yes, but plan the order and your cash flow first.
If you buy a second home before you sell, you may need to pay Additional Buyer's Stamp Duty (ABSD). A married couple buying together, with at least one Singapore Citizen, may get this ABSD back if they sell their first home within the time allowed and meet the other IRAS conditions. Please check the latest rules on the IRAS website before you commit. If your next home is an HDB resale flat, you will also need a valid HDB Flat Eligibility (HFE) letter before you can get an Option to Purchase.
Yes, and there is no longer a 15-month wait.
Since 28 July 2026, private property owners of any age can buy a non-subsidised HDB resale flat without the 15-month wait-out. Other HDB rules still apply, so check your eligibility first. If at least one owner is a Singapore Citizen aged 55 or above and you move to a 3-room flat or smaller, you may qualify for the Silver Housing Bonus of up to $40,000 per household. Part of your sale proceeds then goes into your CPF Retirement Account, up to $60,000 per household. See HDB's website for the full conditions.
Yes. You do not need to fly back for every step.
I handle the viewings and offers here, and share buyer feedback with you after every viewing. For the paperwork, many owners appoint someone they trust under a power of attorney, and your lawyer will confirm what your sale needs.
Yes. You can sell an HDB flat on your own.
CEA sets out the steps: register your Intent to Sell, market the flat yourself or on HDB's Resale Flat Listing service, grant the Option to Purchase, submit the resale application, endorse the documents and pay the fees, then attend completion about eight weeks after HDB accepts the application. CEA also suggests engaging an agent if you are not familiar with the process. Either way, you are welcome to ask me for a free valuation first.
The main ones are agent commission, legal fees and, for HDB flats, HDB's resale fees.
Commission is negotiable, and 9% GST applies. If you sell a condo or landed home within a few years of buying it, Seller's Stamp Duty may also apply. I put all of these into your take home calculation before you decide, so there are no surprises.
Yes. The CPF you used for your home, plus accrued interest, goes back to your own CPF Ordinary Account.
Your loan is paid off first, then your CPF, and the balance is paid to you in cash.
Under CPF rules, you do not need to top up in cash if you sold your home at market value and the price was not enough to refund your CPF in full.
Singapore does not have a capital gains tax.
But IRAS can tax a gain as income if the sale looks like property trading. It looks at all the facts together: why you bought the property, how long you held it, how often you buy and sell, any work done to make it more attractive to buyers, and how you paid for it. If you buy and sell property often, speak to a tax adviser before you sell. Seller's Stamp Duty is a separate tax, covered in the next question.
HDB flats: no.
Condos and landed homes bought on or after 4 Jul 2025: yes, if you sell within 4 years, at 16%, 12%, 8% or 4%. Homes bought from 11 Mar 2017 to 3 Jul 2025 follow the older 3 year rule. SSD is due within 14 days of the contract.
Yes. You pay the whole year’s property tax for the year you sell, and it is split with the buyer at completion.
The option fee is $1 to $1,000.
The option fee and the exercise fee together cannot be more than $5,000. The buyer has 21 calendar days to exercise the option.
Register your Intent to Sell on the HDB Flat Portal with Singpass.
It is free and valid for 12 months. You must wait at least 7 days after registering before you grant an Option to Purchase.
HDB accepts the resale application within 28 working days, and completion is about 8 weeks after acceptance.
From the option to the keys is roughly 3 to 4 months.
The buyer usually pays the difference in cash.
The HDB valuation is the basis for the buyer's CPF use and housing loan. CPF rules say buyers with a bank loan must pay any part of the price above the market value in cash. This gap is often called cash over valuation (COV). The result usually comes within 10 working days of the buyer's request, so they normally know it before the option ends. If the gap is more than they planned for, they may choose not to exercise the option. This is why I set your price with recent sales in mind from the start.
The buyer loses the option fee, and you keep it.
For an HDB flat, the option period is 21 calendar days and ends at 4pm on the 21st day. If the buyer lets it lapse, HDB rules say the buyer forfeits the option fee. You can grant a new option to another buyer only after the option has expired.
Get the flat ready to hand over, and settle the bills tied to it.
HDB asks sellers to fix any unauthorised renovation, complete the BCA windows declaration form, stop all GIRO payments for the flat, pay service and conservancy charges up to completion day and property tax up to the end of the year, then move out so the buyer can inspect the flat before completion. On the day, bring the IC of every seller, the original Option to Purchase, the windows form, proof of those payments and every key to the flat.
Yes, for up to 3 months after completion, if the buyer agrees and you have already committed to buying a completed home in Singapore.
Every home is different.
Setting the price takes about 1 to 2 days, and preparing your home about 1 to 2 weeks. After that, it depends on the price, the market and buyer demand. I update you after every viewing.
Make it bright, tidy and easy to picture living in.
Clear the clutter and personal items, fix small things like leaking taps or blown bulbs, open the curtains and windows, and keep the home cool and fresh. First impressions count, in the listing photos and in person. If you are not sure what is worth fixing, ask me before you spend money.
Yes. I schedule and attend every viewing, and share the buyer feedback with you after each one.
Ask a few questions before you sign.
Check that the agent is listed on the CEA Public Register. Then ask which homes they sold recently, how they will market yours, how often they will update you, and how many homes they are selling now. My CEA registration number is R057094C.
The most common one is asking too high a price.
A home priced too high can stay on the market for weeks and may need a price cut later. Other common mistakes are granting the Option to Purchase before you know where you will live next, agreeing on a price before you know your CPF refund, and forgetting Seller's Stamp Duty if you sell a private home within a few years of buying it.
The terms are agreed in writing.
The agreement sets out the commission, which is negotiable, and how long the agreement runs.
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Senior Associate Division Director at PropNex. Helping Singapore homeowners sell with a clear plan, and keep more of what they sell for.
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