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- Buying A House
...A Place To Call Your Own

 
What are the criteria required to be able to use CPF savings to buy a home?
 
a) For HDB flat
b) For Private Property
 
a) For HDB flat
If you are the registered owner or co-owner of an HDB flat, you can withdraw all of your CPF savings in the Ordinary Account and the monthly CPF contributions that are paid into your Ordinary Account for the purchase of the HDB flat and/or payment towards your HDB housing loan/bank loan subject to the prescribed limit.
b) For Private Property
As long as you are not an undischarged bankrupt, you can withdraw all your CPF savings in the Ordinary Account and the monthly CPF contributions that are paid into your Ordinary Account for the purchase of the property and/or payment towards your housing loan subject to the prescribed limit.
 
Buying A House 

What is your current financial situation?
Should you buy an HDB flat or a private property?
What can CPF savings be used for?
How much CPF can you use?
What important factors should I be aware of when using CPF to repay a housing loan?
When will CPF charges take effect?
What happens when you sell?
What happens if you divorce?
What if I am a bankrupt?
Other Considerations
Moving forward
 Last Updated on: Thursday, August 28, 2008 at 9:10 PM
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