What is the CPF Housing Scheme?
The CPF Housing Scheme enables CPF members to use only their CPF Ordinary Account (OA) savings to:
- Buy Housing and Development Board (HDB) flats
- Buy or build private residential properties in Singapore
It's important to keep in mind that your Special Account (SA) and Retirement Account (RA) savings are intended to provide you with a source of income during retirement and cannot be used for purchasing a flat or any other property.
This information is sourced from CPF
Related questions
If I did not apply to use my CPF savings when buying my HDB flat, can I now use my CPF savings for monthly instalments?
If I did not apply to use my CPF savings when buying my HDB flat, can I apply to be covered under the Home Protection Scheme and use my CPF savings for monthly housing instalments now?
I am currently using my CPF savings to service my housing loan. Can I continue to use my withdrawable CPF savings for housing payments?
As a bankrupt, can I use my CPF savings to buy a Housing & Development Board flat?
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