Ideally your housing loan should have been fully paid up by the time you reach 55.
If your housing loan is still outstanding when you reach 55, you will need to ensure that there are enough funds in your CPF account to meet your housing loan. You should aim to set aside the full Minimum Sum for your retirement.
If the CPF you have withdrawn for your property has reached the Valuation Limit, you may use your CPF savings in excess of the Minimum Sum that you need to set aside in cash, to repay your loan.
To find out the factors you should be aware of when using CPF to repay housing loans and learn more about the limits on the use of CPF for housing, visit our Business Centre in Retirement Ready @ my cpf.