There is a new withdrawal faciltieis from EPF call Flexible Housing Withdrawal, which you can use "monthly contribution to the EPF is considered as an income".

Read the eligibility and terms and condition carefully.

http://www.kwsp.gov.my/portal/documents/10..._Withdrawal.pdf

FYI, EPF provide 3 options for us to withdraw money on property part:
1. Buy or Build house
2. Reduce loan
3. Reduce monthly installment

each option can only use 1 time.

In your case, you have House A and House B. You already used up Option 1 in House A, so your House A left option 2 and 3 that can be used. Just like you have 3 chances and now left 2 chances.

If you want to use any option on House B, House A must be disposed, means you are not the owner for House A anymore.

option 2 & 3 cannot use for /house B ? if house A still under my name ??

Yes cannot like that, but you can use Option 2 & 3 for house A.

too bad, i disqualified liao

You already finished House A loan?

yes loan settled for house A

pls guide me

Sorry Bro no other way. If your House B has joint name, can request your partner to apply.

tooo bad

like that have to work hard for money liao

sorry write wrong

This post has been edited by Kira90: Nov 25 2015, 04:58 PM

Hi there, under what kind of withdrawal did u apply?
Im planning to withdraw acc 2 for renovation so i need the lump sum to be creditted to my bank account.

it is for the 10% downpayment withdrawal... so you need a valid SNP not more than 3 years signed..

if im the second house purchase now, can i still apply epf 2nd account for my 10% DP for my 2nd house purchase ? provided i didn't touch anything during the 1st house purchase?

Please advice.

If I have applied for option 3, can I apply for another time with the same house?? Please advise. Thanks.

Hi, for option 2 withdrawal.
The fund pay lum sup to Hloan account or saving account? If is Hloan account, the fund pay all into principal or will be as floating amount in Hloan account?

Hi If I want to buy a property outright in cash for about rm150K, can I withdraw from my epf to do so? Thanks

can ma. just submit copy of s&p. can take out from account 2.

if u have not withdraw before for other house OR that house already been sold off.

ninja this thread

can I withdraw KWSP for a house I purchased Nov 2017 (1 and a half years) renovation purpose? How to proceed? Use monthly repayment loan plan so KWSP direct credit to my savings acc??

Thx for guidance