When you sell your property, you will need to refund the CPF principal amount you withdrew with the accrued interest (P+I).

 

If you are below 55, the CPF housing refund is credited to your Ordinary Account (OA) and you can use your OA savings to participate in other CPF schemes or pay for another property.

 

If you are over 55 years old and have pledged the property to meet your retirement sum, you will also need to refund the pledged amount on top of the P+I. The CPF housing refund is used to top up your Retirement Account to your Full Retirement Sum. Any balance housing refunds will remain in your OA, and you can decide how to manage it.

 

You can find out more about your housing refund required on your Home ownership dashboard.