Asked by Mr. lee wah yew
Hello Agents, I am currently 60 years old and will like to sell off my fully paid freehold private condo in the East. My question is when I bought this property 10 years ago, I used around $500k from my cpf ordinary account to purchase and the rest are cash. Currently I have $80k in my Retirement account. Do I need to return back the $500k with accrued interest to CPF OA after selling? Or I will just need to top up my RA and the balance will be cash out to me? Hope someone can enlighten this senior citizen here. Thank you and be blessed.
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