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8 Steps to Selling Property in Singapore: Profit/Loss Calculation You Need to Know!

Updated: Jan 16

Clicks Property Transaction Calculation_Template
Download XLSX • 18KB

Are you looking at selling a property in Singapore and wonder if you would make a profit (or loss) from it? What is the procedure for selling a property in Singapore? Look no further. Simply download the “Clicks Property Transaction Calculation_Template” (updated to reflect the 15 Feb 2023 BSD calculation changes) excel spreadsheet here and input the values into the spreadsheet.

*Note: the “Clicks Property Transaction Calculation_ Template” is only meant for Singaporeans and we assumed no Seller’s Stamp Duty (SSD) needed to be paid, i.e. the conditions to avoid paying is met (refer to IRAS website for more information; when in doubt, do contact IRAS to check if you need to pay SSD). Note also that this is only an estimate to help you in the decision making.

Selling A Property in Singapore: What Is the Procedure?

Part 1: Profit/Loss Calculation for Selling A Property in Singapore

What you will need:

  1. The purchase price and remaining mortgage of your property.

    1. For HDB Flat –

      1. Login to HDB website using your SingPass.

      2. The information can be obtained under “MY HDBPAGE”> ”My Flat”> “Purchased Flat” (if you using bank loan, you would need to contact the bank for the mortgage information)

      3. To estimate the value of your HDB for the sale, you could use our Clickstimate feature:

    2. For Private Property

      1. Currently, there is no government portal to provide this information, but with the transaction date, you can find the transacted price using the URA private residential property transaction website.

      2. As for mortgage information, please reach out to your loan issuing bank

      3. To estimate the value of your Condo for the sale, you could use our Clickstimate feature:

  2. CPF Information

    1. This can be retrieved from the CPF’s website. CPF “Used” and “Accrued Interests” could be found in “my cpf”> “My dashboards” > “Home ownerships”. (Note: the “Remaining” part for CPF is the amount of left in your CPF OA and if you are not intending to buy another property or strictly wanting to know how much profit or loss you are making from this sale, you can input 0.)

  3. Debt Information [Optional if you only want to know what your sale profit/loss is]

    1. If you want a better picture of how much money you would have left after clearing your existing debt, then you could get the information by purchasing your credit report from credit bureau website. At the time of writing, the report costs S$6.42.

  4. Fees

    1. These are the fees needed for the transaction. An estimated value is already keyed in. For agent fees, if you decide to DIY, you just input 0 in the agent fee column. Should you decide to DIY, you can use our free listing service at

Once all these figures are input into the “Clicks Property Transaction Calculation_Template”, your property sale profit or loss would be calculated automatically.

Continue reading if you are intending to purchase another residential property after the sale of your existing property.

Selling A Property in Singapore: Can I Afford The Next Property?

Part 2: Next Property Affordability Check

*Note: the assumption here is that the next property is the only property that you own after you have sold off your previous.

Before you proceed to Part B of “Clicks Property Transaction Calculation_Template”, you would need to download “Clicks Calculation of Max Loan Amount_Template” below to calculate the maximum loan amount you could take. You will also need to download RECalc app on your mobile device to help you calculate (RECalc: iOS Link; Android Link).

Clicks Calculation of Max Loan Amount_Template
Download XLSX • 12KB

Step 1: Input as accurate as possible, the figures required in the yellow-coloured cells. As banks would largely reference your monthly expenses using your credit report, it is advisable that you purchase your credit report from credit bureau website as shared earlier.

Step 2: With the values auto-populated in the green cells, key into the RECalc app. Before keying in, make sure you’ve pressed “C or AC” to ensure the previous calculation is cleared. Next, key in the numerical value followed by the name of the variable.


Int: 3.5

Term: 21

Pmt: $8700

Key he value into RECalc app in this order “3.5” > “Int” > ”21” > ”Term” > ”8700” > ”Pmt” > “Amt” > “=

And you should get a value of $1,551,029 (round down to the nearest dollar). This is the estimated maximum loan amount you can get with your current financials. Assuming you are taking a bank loan, which is up to 75% of the value of your property, you will divide the maximum loan amount by 0.75 to get the maximum property price you could buy based on your maximum loan amount, which works out to $2,068,039 (round down to nearest dollar) for this example.

Step 3: With the maximum property value calculated in Step 2, you can now input the price of the property you intend to buy into Part B: No. 6 of “Clicks Property Transaction Calculation_Template”. You just need to make sure the price is less than that of the maximum property value calculated in Step 2. After that, fill up the rest of the yellow-coloured cells and the relevant values would be auto-populated.

Step 4: With the auto-populated values in Part C, you would be able to see if you could afford the property you intend to buy, after factoring in the sale proceeds of your current property. Ideally, both Cash and CPF affordability checks should be green.

Here you go! If you have enjoyed this guideline and gained some ideas on the procedure of selling a property in Singapore, please share it with a friend who might also be interested in selling a property in Singapore.

You can now estimate the value of HDB and Condo with our Clickstimate feature:

And don't forget to read more about CLICKS®'s best-in-class features available in this article:!

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