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How much CPF savings can I use for my property purchase?

If you have already used your Ordinary Account (OA) savings for your property, you can check your latest CPF savings usage and usage limit on your Home ownership dashboard.

If you are planning to buy a property, the amount of CPF savings you can use depends on the following:

You and your co-owners (if any) may use your respective Ordinary Account savings to pay your HDB loan.

You and your co-owners (if any) can use your respective OA savings up to the lower of the purchase price or the valuation price at the time of purchase.

 

If you still have an outstanding housing loan, you can continue to use your OA savings to pay for it, as long as you set aside the applicable Basic Retirement Sum (BRS) in your CPF accounts. This ensures you have a monthly income to support a basic standard of living during retirement.

 

Savings from your Retirement Account (if you are above 55), Special Account and OA can be used to meet the BRS requirement. If you are below age 55, the BRS applicable to you is the current BRS. This condition also applies to your co-owners (if any).

 

You and your co-owners (if any) may use your respective OA savings up to the lower of the purchase price or the valuation price at the time of purchase.

 

If you still have an outstanding housing loan, you can continue to use your OA savings to pay for it, as long as you set aside the applicable Basic Retirement Sum (BRS) in your CPF accounts. This ensures you have a monthly income to support a basic standard of living during retirement.

 

Savings in your Retirement Account (if you are above 55), Special Account and OA can be used to meet the BRS requirement. If you are below age 55, the BRS applicable to you is the current BRS. This condition also applies to your co-owners (if any). 

 

The total amount all owners are allowed to use for your property will increase by 20% of the lower of the purchase price or the valuation price of the property at the time of purchase. No further CPF usage is allowed thereafter.

You can use your Ordinary Account (OA) savings after setting aside the applicable Basic Retirement Sum (BRS) in your CPF accounts to provide you with a monthly income to support a basic standard of living during retirement, until the total CPF usage by all owners reaches the lower of the purchase price or the valuation price of the property at the time of purchase. Savings in your Retirement Account (if you are above 55), Special Account and OA can be used to meet your BRS requirement. No further CPF usage is allowed thereafter. If you are below age 55, the BRS applicable to you is the current BRS. 

You and your co-owners (if any) may use your respective OA savings to pay for the purchase, up to the lower of the purchase price or the valuation price of the property at the time of purchase. No further CPF usage is allowed thereafter.

You can use your Ordinary Account (OA) savings after setting aside the applicable Basic Retirement Sum (BRS) in your CPF accounts to provide you with a monthly income to support a basic standard of living during retirement, until the total CPF usage by all owners reaches the lower of the purchase price or the valuation price of the property at the time of purchase. Savings in your Retirement Account (if you are above 55), Special Account and OA can be used to meet your BRS requirement. No further CPF usage is allowed thereafter. If you are below age 55, the BRS applicable to you is the current BRS.

You and your co-owners (if any) may use your respective Ordinary Account (OA) savings up to a percentage of the lower of the purchase price or the valuation price of the property at the time of purchase. The amount of CPF savings allowed for your property depends on the extent that the remaining lease of the property can cover the youngest owner up to age 95. No further CPF usage is allowed thereafter. This gives Singaporeans more flexibility to purchase a home for life, while safeguarding their retirement adequacy. Use the CPF housing usage calculator to estimate the amount of CPF savings that you can use.

You can use your OA savings for your property after setting aside the applicable Basic Retirement Sum (BRS) in your CPF accounts to provide you with a monthly income to support a basic standard of living during retirement.

 

Savings in your Retirement Account (if you are above age 55), Special Account and OA can be used to meet the BRS requirement. If you are below age 55, the BRS applicable to you is the current BRS.

 

The total amount of CPF savings all owners are allowed to use for your property is capped at a percentage of the lower of the purchase price or the valuation price of the property at the time of purchase. The amount of CPF savings allowed for your property depends on the extent that the remaining lease of the property can cover the youngest owner up to age 95. No further CPF usage is allowed thereafter. Use the CPF housing usage calculator to estimate the amount of CPF savings that you can use.

You can use your OA savings for your property after setting aside the applicable Full Retirement Sum (FRS) in your CPF accounts to provide you with a monthly income to support a basic standard of living during retirement.

 

Savings in your Retirement Account (if you are above age 55), Special Account and OA can be used to meet your FRS requirement. If you are below age 55, the FRS applicable to you is the current FRS. This condition also applies to you and your co-owners (if any).

 

The total amount of CPF savings all owners are allowed to use for your property is capped at a percentage of the lower of the purchase price or the valuation price of the property at the time of purchase. The amount of CPF savings allowed for your property depends on the extent that the remaining lease of the property can cover the youngest owner up to age 95. No further CPF usage is allowed thereafter. Use the CPF housing usage calculator to estimate the amount of CPF savings that you can use.