REAL or NOT? “I must pay back my CPF in cash if the money from selling my house is not enough.”

While your CPF can support your housing needs, it is primarily meant to help you save for retirement. Which is why, when you sell your house, the amount you used from your CPF savings will be refunded back to your CPF account, along with the accrued interest.


But you do not need to top up the shortfall as long as your house is sold at or above current market value. And remember, you can use your CPF savings when you buy your next house!



Always double-check your facts with us! Call us at 1800-227-1188 or make an appointment to visit us at any CPF Service Centre to clarify your doubts.





Check out our previous episode on CPF nomination:

Housing,CPF savings,Ordinary Account,Principal and Interest,P+I,Retirement,CPF Real or Not,Spread Facts Not Rumours,CPF myths,CPF Board,HDB,POFMA,Fake News,