Data published by the CPF Board showed that more people who used their CPF monies to pay their housing loans were unable to fully refund the amount after selling their properties in 2020, compared with the previous 2 years.

However, the CPF Board told The Straits Times that not a single person who was unable to do a full refund was required to top up their CPF in cash that year.

In Powering Your Property, Prime Time's Rachel Kelly and Shehzad Haque spoke to Nicholas Mak, Head of Research and Consultancy, ERA Real Estate to find out why this is happening and how you can protect yourself from this growing trend when it comes to financing options.

Data published by the CPF Board showed that more people who used their CPF monies to pay their housing loans were unable to fully refund the amount after selling their properties in 2020, compared with the previous 2 years.
However, the CPF Board told The Straits Times that not a single person who was unable to do a full refund was required to top up their CPF in cash that year.
In Powering Your Property, Prime Time's Rachel Kelly and Shehzad Haque spoke to Nicholas Mak, Head of Research and Consultancy, ERA Real Estate to find out why this is happening and how you can protect yourself from this growing trend when it comes to financing options.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.