CPF Accrued Interest: What Every Seller Needs to Know

Authored by Raymond Tiah

What’s the Deal with CPF Accrued Interest?

Many property owners don’t realise that CPF accrued interest grows after your HDB loan is fully paid. This hidden cost can significantly impact your cash proceeds when you sell. 

Here’s a real-life example that highlights the importance of staying informed.

Why Should You Care About This?

Imagine expecting a tidy profit from selling your HDB, only to face a negative sale because of accrued interest. For one family, their anticipated $75K cash proceeds vanished when $55K of CPF accrued interest had to be refunded.

If you bought your property between 2010 and 2015, it is critical to check your numbers now to avoid similar surprises.

How Can You Avoid Losing Out?

• Regularly calculate your CPF accrued interest.

• Factor this into your property sale planning to avoid unrealistic expectations.

• Seek professional advice to determine the best strategy for your unique situation.

Take Action:

Don’t let CPF accrued interest catch you off guard. Bought your property between 2010–2015? DM us to calculate your numbers and make smarter decisions when selling your HDB!