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Hi there,
I believe there is a misunderstanding on your part with regards to the accrued interest. This Interest in usually charged by CPF on the amt paid towards the owners outstanding housing loan and credited into the owners CPF account. In the case of inherited properties. Their CPF account would have been cleared and closed off and any outstanding accrued interest on their CPF cleared together. Before the scenario you have mentioned above is not likely to happen at all. if you need any more clarification. Feel free to drop me a call/whatsapp and I will be happy to explain this issue in more details.
Regards
Rix
 9687 1379 
PN Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, once the flat is taken over by you, the CPF account of the previous owner would deemed to have been closed by the CPF board.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Afternoon

I am sorry to hear about your loss, hope you are managing well.

In this scenario, the CPF accounts OA SA MA RA will be closed by CPF board upon demise of the account holder. The CPF utilized + accrued interest of the property will no longer be needed to refund to the demised owner cpf account, and will become part of the sale cash proceeds to be received when the HDB is sold. So you need not be concerned.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

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Hi, no CPF refund needed in your case.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

If you had inherited the HDB for 5 years, it means that the HDB has already transferred to your name. If you have not utilised any CPF monies for this flat, there is no accrued interest to talk about, and since the property is now under your name, it is up to you to will to the next beneficiary. The CPF refund rules work the same for your beneficiaries. Read More

Good day to you,

If your late parents have chosen to utilize CPF to settle the monthly installment, they are insured by HPS. As such, the outstanding loan would have been cleared before you inherited the unit. A fully paid unit do not incur any accrued interest.

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Regards
Mike Lim
 96929209 
R026708F
m52i@yahoo.com
ERA Read More

1. When an owner passes away, their CPF accounts (OA, SA, MA, RA) are closed, and any outstanding housing loan balance and accrued CPF interest are written off.
2. The CPF amounts previously used for the property, along with any accrued interest, no longer need to be refunded to the deceased's CPF account.
3. Instead, these amounts become part of the cash proceeds from the sale of the property, so there’s no need to worry about repaying CPF in this situation.

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I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

· "If you need more assistance with property matters:

· like renting / selling, buying / or investing, I'm here to help!

· WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

· (Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

·

· (***) You can READ my REVIEWS here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

·

· For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

·

· I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

·

· I also have partners to assist with mortgage home insurance matters.

·

· Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

·

· *** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

·

· From: ABLE Toh- Your Property ASSISTANT : ）

· “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

·

*** DEVELOPER SALES TEAM!!! BEST PRICES !!! NO AGENT FEES !! LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

*** Here are some exciting condominium launches in Singapore scheduled between June and December 2024:

1. > - Located at Yuan Ching Road in District 22, this 99-year leasehold development is set to preview in June 2024. Sora offers a mix of modern amenities and scenic views near Jurong Lake.

2. > A freehold development in District 17 at Flora Drive, set to launch in July 2024. Kassia is designed for those who appreciate luxury living in a serene environment.

3. > This 99-year leasehold property at Bukit Timah (District 21) is expected to launch in September 2024. It caters to families looking for prestigious schools and nature reserves nearby.

4. > A highly anticipated freehold development in District 2 at Anson Road, launching in Q4 2024. It combines luxury living with proximity to the Central Business District.

5. > Situated at Shenton Way (District 1), this 99-year leasehold project is ideal for those seeking a prime location near Marina Bay and the financial district, with a launch expected in late 2024.

6. > Launching in Q3 2024

Right next to Lorong Chuan MRT on Circle Line and close proximity to Serangoon.

LASTLY , For Newly TOP Condominium that Need RENT / SELL FAST *** Connect Trusted Singapore Property Agent , Myself

At ABLE Toh*** 9856-9255  ***

XXXXX The End XXXXXXX

As I always say, "Success is the sum of small efforts, repeated day in and day out." — Robert Collier Read More