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I am a bankrupt. Can I use my CPF savings to buy a property or to pay for the housing loan of my existing property?
If you are buying an HDB flat
You can use your CPF savings to buy an HDB flat or pay the housing loan of your existing HDB flat, provided you are the owner of the HDB flat. You will need to contact HDB directly regarding this matter.
If you are buying a private property
You will need to obtain consent from the Official Assignee before you can use your CPF savings to buy a private property or pay the housing loan of your existing property.
This information is sourced from CPF.
Related questions
Can I use CPF savings to buy a property?
What are the terms and conditions to use my CPF savings to buy an HDB flat or a private property?
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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?
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Can I continue to use my CPF savings for my existing private property housing loan if I am going to be made a bankrupt?
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