Do you have Singtel SDS* bought with CPF savings?

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On 21 Nov 2026, your Singtel SDS will be automatically transferred to:

In both cases, the shares are under your name and you can sell at anytime.

The transfer of Singtel SDS on 21 Nov 2026 is subject to the passing of the CPF (Amendment) Bill in Parliament.

For members without an existing CDP account, a designated CDP account will be created and used to only hold and manage Singtel SDS and its related entitlements, if any, in your name. Future sale proceeds and dividends from Singtel SDS in the designated CDP account will be paid to your CPF OA. SDS holders can choose to withdraw sale proceeds in cash.

An individual CDP account holder can carry out transactions including trading and transfers. Dividends are paid directly to the account holder’s bank account linked to their CDP account and sales proceeds are paid based on account holder’s payment arrangements with their broker.

CPF withdrawal conditions will be waived for Singtel SDS sale proceeds even after the transfer to the CDP accounts of SDS holders on 21 Nov 2026.​ You can sell your SDS holdings through the Phillip Securities’ website, SingPost branches, or select SGX Retail Brokers.​ Do note that a partial sale is not allowed.​

Sell through Phillip Securities’ website using your Singpass. Watch the step-by-step guide

You can sell your Singtel SDS at SingPost branches (see locations). Saturday operating hours are extended to 7:00PM from 11 Apr to 2 May 2026. Watch the step-by-step guide to sell in person.​

These are the required documents to bring:

a. Your physical NRIC; and​

b. Any of the following documents:​

• Hardcopy letter from Singtel and CPF Board sent in Apr 2026

• Printed copy of your latest CPF Statement of Account with your Singtel SDS shareholdings​

• Printed copy of Singtel SDS shareholdings from sds.singtel.com ​

• Printed copy of Singtel SDS shareholdings from CPF Investment Dashboard