Beware of scam calls and scam messages impersonating as CPF officers asking for your personal details. Ignore them and do not share your Singpass ID/password or banking details with anyone. CPF officers will NOT ask for your Singpass, banking userid or password.

Scheduled Maintenance: CPF digital services will not be available on 4 Dec 2022, from 12am to 8am.

Maintenance: CPF digital services are not available on 22 Nov 2022 from 12.30pm to 2.30pm. You may access CPF Mobile app.

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I have made a voluntary refund. Do I still need to refund to my CPF account when I sell my property?

The amount that you have to refund upon selling your property depends on how much you have voluntarily refunded:

  • If you have fully refunded all the CPF savings you have withdrawn for your property with accrued interest, you will not need to make any refunds
  • If you have partially refunded the CPF savings you have withdrawn for your property with accrued interest, you will need to refund the balance CPF savings you have used with interest
When a property is sold, generally, the selling price will be used to pay the following in this order:
  1. Outstanding housing loan
  2. Required CPF refund
  3. Other sale expenses, e.g., legal fees  
If the selling price (including the option monies) after paying the outstanding housing loan is not enough to make the required CPF refund, you do not need to top up the shortfall in cash, provided the property is sold at market value. However, the option monies (e.g. option fee and option exercise fee) received from your buyer in cash upon the sale of your property are considered part of the selling price and need to be refunded to your co-owner’s and your CPF accounts before the transaction can be completed.
 
The refunded amount will be returned to your co-owner's and your CPF accounts in the following proportions:
 
Amount returned to owner A’s CPF Account:
formula for amount to be refunded for owner A
Amount returned to owner B’s CPF Account:
formula for amount to be refunded for owner B