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Hi, understand that there is a CPF min sum requirement if we want to buy a second property. However, if we were to sell off the HDB - proceeds returned to CPF and as cash respectively, will there still be a need to maintain min sum in CPF or CPF can be clean out for next property purchase? Tks!
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1 Answer

Mike Lim
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Afternoon SK,

CPF minimum sum kicks in after you have reach 55 years old of age or when you are buying second property. Hence if you choose to sell away your current unit and purchase another unit, you only have one property. Thus you are eligible to use all your CPF OA, if you have not reach 55.

FYI
Mike Lim
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