When selling your property, you must refund the CPF principal amount you withdrew with the accrued interest (P+I). The refund amount and how it is handled depends on whether you have reached 55 years old.
If you are below 55
The CPF housing refund is credited to your Ordinary Account (OA), allowing you to use these savings for other CPF schemes or pay for another property.
If you are 55 and above
If you have pledged the property to meet your retirement sum, you must refund both the P+I and the pledged amount.
The CPF housing refund is first used to top up your Retirement Account to your Full Retirement Sum. Any remaining housing refunds will remain in your OA for you to manage as you choose.
You can check your specific housing refund requirements on your
Home ownership dashboard for the most accurate information.
