IS IT TRUE EPF do not allow Housing withdrawal for your 3rd house ?

Higher contribution is good for certain people...

But you know.. more $$$ in EPF also means many people hand eye itchy want to withdraw money they have in EPF account.....

EPF said the withdrawal of savings of more than RM1 million was first introduced on Nov 1, 2007 as part of the ‘Beyond Savings’ strategic initiative.

source: https://theedgemalaysia.com/article/epf-sav...rawal-cut-rm50k

It is non issue for above whatever amount.
EPF is retirement money, those money originally put in to be used after retirement aka 55.
After 55 can withdraw all, no locked in disregard whatever amount.

Below 55 one,
Originally intention is save it for after retirement use, not for simply withdrawn as wish.
With 1M
100K already can be withdrawn anytime.
150K emergency, housing/medical.
Which is substantial for many unforseen issues.

Also those can achieve that amount before 55, 99.99% are likely high earners and wealthy, likely don't need to touch on EPF, if they need money, they may better off to draw on own saving FD (which is less than 4%interest )or even can make certain financing (which may be less than 6% EPF). This can be seen from many high amount of voluntariy contribution, and some even want higher limit pa.

Summarise
Withdraw above 1M or whatever issue, is a trivia and non issue.
1. Above 55, no affect.

2. Below 55 above 1M, the money original intention for after 55 use.  It is not suppose to touch on. Ac3 and Ac2 provide some head room for withdrawal up to 25%, so max only 75% cannot be touched. It is no 100% locked in  also.

That is probably agreeable for those that had met or are in those criteria now.

According to kwsp data, only a little % of contributors are in those criteria now.

Well, in the next 20-30 years later, many would in that 1 mil number level.

But then, 1 mil that time will not be what it is today.

This argument will repeat, but that time maybe 5 mil instead of current 1 mil.

Ha ha ha

if we transfer from Akaun 3 to other Akaun 1 or 2, will we make it 1 day dividend for the transferred amount for that month ?

feature is available now.... i just realize it today.
i think div for acc 3 may change soon

then buy this one.. it clearly say pre existing also can buy ma...

That's not what I said at all. Do you think its fair to stereotype all high income earners as good financial managers like 'Unker' said?
Inability to understand nuance and context isn't a natural disability, a cure is available. Though you'd probably need some base level of competency to seek it. For example, being able to multi-quote.