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After I have sold my property, can I use the refunded CPF savings to buy the next property or redeem another housing loan with my CPF savings?

The amount of refunded CPF savings that you can use for your next property depends on your age at the time of sale of your property.

You can use your Ordinary Account, including the refunded amount, to buy the next property or redeem another housing loan.

You can use your Ordinary Account (OA) savings to buy the next property or redeem another housing loan.

 

The refunds from the sale of your earlier property will be used to top up your Retirement Account, up to your Full Retirement Sum. After this, any balance housing refunds will be paid to you in cash within one week after the CPF refunds are paid into your CPF account. Alternatively, you can request (at least 2 weeks before the completion of the sale of your property) for the balance housing refunds to remain in your OA to pay for the next property or redeem another housing loan.