Withdrawal of CPF savings for property owners

You can withdraw your savings without providing additional documents as long as the retirement sum you set aside after the withdrawal, plus the CPF savings you have used for the property including the accrued interest, is enough to make up your Full Retirement Sum (FRS).

When you sell your property, the CPF savings you used to pay for it, including accrued interest, will be refunded to your CPF account. This will restore your retirement sum and payouts.

If you did not use CPF savings for your property or if the CPF savings used for the property amount is low, you can still make a withdrawal down to the BRS, by pledging to refund the amount withdrawn when you sell or transfer your property. 

The withdrawable amount is subject to additional assessment, such as the current value of the property, the outstanding loan, and co-owners' share. To preserve your savings and safeguard your retirement, withdrawals from your Retirement Account can only be made if the sale or transfer of your property restores the retirement sum and payouts.