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Evening Irene,

Before you turn 55, the proceed from the sales will be yours to keep. The amount of CPF that you have used for your current unit, including interest will be credited back into your CPF account.
If you are buying again with HDB loan, subjected to approval, you will be required to use 50% of your profit plus your existing CPF OA, before you reach 55, prior to HDB lending you the rest of the balance.
If you are buying under bank loan, you need to pay 5% cash and remaining 15% from CPF / CPF + Cash / Cash. This is subjected to how much bank can loan you, based on your income status and loan period.

FYI
Mike Lim
 96929209 
ERA Read More

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