Do I have to refund the housing grant to my CPF account upon sale of my property?

Question

Accepted Answer

Yes, you must refund the principal CPF withdrawn for your property (including the CPF Housing Grant) plus its accrued interest to your CPF account when you sell your property.

How housing grants are refunded

The housing grant will generally be refunded to your Ordinary Account. However, if you have received more than $30,000 in housing grants, part of it may be credited to your Special Account/Retirement Account and MediSave Account.

You can check the exact amount that will be credited to your Special/Retirement Account and MediSave Account by viewing your Home ownership dashboard.

Using your refunded savings

These refunded savings can be used for approved purposes under various CPF schemes to help you with your retirement and healthcare needs.

Do I have to refund the housing grant to my CPF account upon sale of my property?

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Related questions

Do I have to refund the housing grant to my CPF account when I make a voluntary housing refund of the monies withdrawn for my property?

I have made a voluntary refund. Do I still need to refund to my CPF account when I sell my property?

How much do I need to refund to my CPF account if I am transferring or selling my share of the property to someone else? Does the refund amount change when I turn 55?

I am a bankrupt and am planning to sell my property. How much do I need to refund to my CPF account?

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