Do I have to refund the housing grant to my CPF account when I make a voluntary housing refund of the monies withdrawn for my property?
When you make a voluntary housing refund, you can refund up to the principal CPF withdrawn towards the property (including the CPF Housing Grant) plus its accrued interest to your CPF account.
Generally, the housing grant will be refunded to your Ordinary Account. If you have received more than $30,000 in housing grants, part of the housing grants may be credited to your Special Account/Retirement Account and MediSave Account. Check your Home ownership dashboard to see the amount that will be credited to your Special/Retirement Account and MediSave Account.
These savings that are credited to your Special Account/Retirement Account and MediSave Account can then be used for approved purposes under the various CPF approved schemes to help you with your healthcare and retirement needs.
