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Hi,

You do not need to pay back CPF accrued interest if you did not sell your HDB.

Do take note though that you will need to pay ABSD for your second property.

Also, you will need to fulfill the half minimum sum criteria before you can utilize any funds from your CPF-OA to finance for your second property.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi,

If you did not sell the property, you need not return the CPF utilized + accrued interest. For your 2nd property, do note that ABSD is applicable and the amount of CPF monies that could be used could be restricted.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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