I am a bankrupt and am planning to sell my property. How much do I need to refund to my CPF account?
If you are a bankrupt and you sell your property, you will need to refund the CPF principal amount you withdrew with the accrued interest (P+I).
If you are aged 55 and above 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 will be used to top up your Retirement Account, up to your Full Retirement Sum. Any balance housing refunds will remain in your Ordinary Account, and you can decide how to manage it.
This information is sourced from CPF
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How much do I need to refund to my CPF account if I am selling my property? Does the refund amount change when I turn 55?
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