If you own a property in Singapore, there’s a good chance that you have used your CPF OA funds to make payments for your property downpayment and the subsequent mortgage payments. Such withdrawals from the CPF OA generates this thing called accrued interest. As rates fall, is it time to consider doing a CPF Voluntary Housing Refund? I certainly think I’d be doing it for myself very soon, and the way I see it, I’m going to be using my CPF OA as sort of a “time deposit”. What’s VHR? Voluntary Housing Refund – or VHR – is the act of returning cash into your CPF OA if you have used OA funds to make payments for your property. When you sell your property, OA funds that were used for your property generate accrued interest, and the withdrawn funds plus accrued interest have to be refunded to your CPF at the point of your property sale....