When you sell your property, you must refund the CPF principal amount you withdrew plus accrued interest (P+I) to your CPF account.
If you are below 55
The CPF housing refund goes to your Ordinary Account (OA). You can then use these OA savings to participate in other CPF schemes or purchase another property.
If you are over 55 years old
If you have pledged the property to meet your retirement sum, you must refund both the P+I and the pledged amount. The housing refund will first top up your Retirement Account to your Full Retirement Sum. Any remaining balance will stay in your OA for you to
manage as needed.
