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You can use your CPF Ordinary Account (OA) savings for the following:

 

 

Stamp duty must be paid to the Inland Revenue Authority of Singapore within 14 days of signing the sale and purchase agreement or accepting the option to purchase.

 

Generally, members will need to use cash for the stamp duty and apply for a reimbursement from their CPF savings when a CPF charge can be lodged on their property. A CPF charge is a legal claim the CPF Board places on your property to secure the refunds upon sale or disposal of the property, facilitated by lawyers appointed by the CPF Board when you apply to use CPF for property purchase.

 

The reimbursement process varies depending on the property type:

 

• For completed properties: You can apply for CPF reimbursement (together with your lump sum drawdown) before legal completion, but payment will only be processed on the completion date. OA savings cannot be used for stamp duty before legal completion as the CPF charge can only be lodged after the seller's name is removed from the title.
• For properties under construction: You can apply for reimbursement on or before the legal completion date. If the legal documentation for the CPF charge and the lodgment can be completed within the 14-day period, you may use your OA savings to pay the stamp duty directly.

For HDB loan applicants, please verify your reimbursement eligibility with HDB.

 

Note: If the developer has already paid the stamp duty, you cannot claim reimbursement from your CPF savings. 

 

 

Your OA savings can cover:

 

• Transaction fees charges by your lawyer's appointed bank
• Singapore Land Authority’s lodgment fees for managing and disbursing your CPF savings

Note: We recommend consulting your lawyer about other potential costs and fees involved in the process.

 

 

These can be paid using your OA savings through:

 

For comprehensive information about using your CPF savings for property purchases, please refer to the Terms and Conditions.