Financial WTA: 10% Downpayment from EPF Withdrawal
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 Jun 16 2009, 09:44 AM, updated 17y ago
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#1
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Junior Member
13 posts Joined: Dec 2008 
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Hi there,
I am planning to apply for EPF withdrawal to buy a second hand house from individual. As EPF personnel told me that the S&P must be signed first before I can apply for the withdrawal, can I delay the payment of 10% downpayment when signing the S&P until I have received the money from EPF? Thanks. This post has been edited by skyde: Jun 16 2009, 10:03 AM |
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Jun 16 2009, 09:52 AM
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#2
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Junior Member
424 posts Joined: Jan 2003 
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No, you cannot withdraw to buy 2nd house unless you sold the first house first. (as far as i know)
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Jun 16 2009, 10:04 AM
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#3
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Junior Member
13 posts Joined: Dec 2008
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QUOTE(YLT @ Jun 16 2009, 09:52 AM) No, you cannot withdraw to buy 2nd house unless you sold the first house first. (as far as i know) Sorry, typo. I mean second hand house. Sorry for confusion. |
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Jun 16 2009, 10:14 AM
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#4
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Junior Member
13 posts Joined: Apr 2009 
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Hi Skyde,
I agree with YLT because as i know EPF only allow you to purchase a second house after the first house purchased utilizing EPF has been sold or disposal of ownership of property has taken place. For your reference please go to http://www.kwsp.gov.my/index.php?ch=p2memb...ac=1850&lang=en |
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Jun 16 2009, 10:16 AM
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#5
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Junior Member
10 posts Joined: Feb 2007
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what is WTA ? i only know WTF ...
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Jun 16 2009, 10:54 AM
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#6
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Senior Member
8,377 posts Joined: Nov 2004
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QUOTE(johnny66 @ Jun 16 2009, 10:16 AM) what is WTA ? i only know WTF ... Want To Ask |
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Jun 17 2009, 03:11 PM
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#7
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Senior Member
783 posts Joined: Jan 2007 From: Definitely not U.S and A!!!
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QUOTE(johnny66 @ Jun 16 2009, 10:16 AM) what is WTA ? i only know WTF ... LOL  But yeah, you can refer to EPF site. |
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