By MoneyBees
How much CPF OA you can use for a home: the Valuation Limit, the 120% Withdrawal Limit with your BRS set aside, the lease-to-95 pro-rating, and the accrued interest refunded on sale.
Up to the Valuation Limit, the lower of the price and the valuation at purchase, if the lease covers the youngest buyer to age 95. For a new flat from HDB on an HDB loan, you can use CPF for the full price.
120% of the Valuation Limit. On a bank loan, once each owner using CPF has set aside the Basic Retirement Sum, you can keep using OA savings up to that limit.
For a resale flat on an HDB loan, CPF lets you keep using OA savings for the remaining loan if you have set aside your Basic Retirement Sum. Otherwise you pay the instalments in cash.
The BRS for members turning 55 this year: S$110,200 in 2026.
If the lease does not last the youngest buyer to age 95, CPF usage is pro-rated. Two 25-year-olds buying a S$550,000 flat with 65 years left can use up to S$495,000, 90% of the price. The pro-rated limit cannot be raised by setting aside the BRS.
The property needs a remaining lease of at least 20 years before CPF savings can be used.
If none of your properties bought with CPF lasts you to age 95, you must set aside the Full Retirement Sum before using OA savings for another property. Otherwise the Basic or Full Retirement Sum applies as CPF sets out.
Yes. You refund the CPF principal used plus the accrued interest it would have earned in your OA, currently 2.5% a year. The money goes back to your own CPF account.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).