By MoneyBees
See how much Silver Housing Bonus you get for right-sizing to a 3-room or smaller flat at 55 or older: your net sale proceeds, the CPF RA amount to commit and the cash bonus of up to S$40,000.
Your CPF housing refunds from the sale count towards it, so you may not need to top up in cash.
Silver Housing Bonus
$30,000
paid in cash, per household
Net sale proceeds
$285,000
price less loan, next flat and levy
Commit for the full bonus
$60,000
net increase in RA, up to S$60,000; you commit $60,000
| Owner | Commits | Bonus | 2-room bonus | Total |
|---|---|---|---|---|
| Owner 1 | $40,000 | $20,000 | $0 | $20,000 |
| Owner 2 | $20,000 | $10,000 | $0 | $10,000 |
Split by each owner's share of the amount committed, as in HDB's examples.
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| Home you sell | Rate | 3-room | 2-room or smaller |
|---|---|---|---|
| HDB flat, or private home with AV up to S$21,000 | S$1 per S$2 committed | S$30,000 | S$40,000 |
| Private home with AV S$21,000 to S$31,000 | S$1 per S$6 committed | S$10,000 | S$20,000 |
The 2-room bonus of S$10,000 is not pro-rated.
HDB's example: Mr and Mrs Tan sell their 5-room flat for S$705,000, with S$100,000 of loan left, and buy a 3-room flat for S$275,000 with a S$45,000 resale levy. Net sale proceeds are S$285,000, so they commit S$60,000 to their RAs: S$40,000 and S$20,000. They get S$30,000 in cash: S$20,000 and S$10,000. Had they bought a 2-room flat, they would get S$10,000 more.
A cash bonus of up to S$40,000 per household for owners aged 55 and above who sell their home, buy a 3-room or smaller flat, commit up to S$60,000 as a net increase in their CPF RA and join CPF LIFE.
S$1 for every S$2 you commit to your RA, up to S$30,000 for S$60,000. If your next flat is a 2-room or smaller, you get S$10,000 more, which is not pro-rated. If you sell a private home with an Annual Value of S$21,000 to S$31,000, it is S$1 for every S$6, up to S$10,000, plus the S$10,000.
At least one owner must be a Singapore citizen aged 55 or above, household income must be S$16,000 a month or less, and you must sell an HDB flat past its minimum occupation period or a private home with an Annual Value of up to S$31,000. Your next flat must be a 3-room or smaller.
Not always. Your CPF housing refunds from the sale count towards the commitment, so if they are enough you may not need a cash top-up.
Up to S$60,000 per household as a net increase in the RA. It is capped by your net sale proceeds and by the Full Retirement Sum. If you commit less, the bonus is pro-rated.
The selling price less the housing loan you still owe, the price of your next flat, and any resale levy or subsidy recovery. They must be positive to get the bonus.
No. Since 1 Dec 2025 it is a cash bonus. The money you commit goes into your RA for CPF LIFE payouts; the bonus itself is paid in cash.
Buy your next flat before selling, or within 12 months of completing the sale, and apply within 1 year of the legal completion of the second transaction.
These calculators provide general estimates for educational purposes only and are not personalised financial advice. Results may rely on rates and rules that change over time, so verify against official sources (IRAS, CPF Board, HDB, MAS) or consult a licensed financial adviser before making decisions.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).