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 EPF withdrawal for new launch

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aaron1717
post Nov 21 2016, 02:30 PM

Chui Shui in Property Manyak Best!
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10,188 posts

Joined: Apr 2012
QUOTE(bchan28 @ Nov 21 2016, 01:06 PM)
Hi all,

Got a question here. Buying my first apartment here and its only ready by end of 2020. As I know we can withdraw account 2 (all amount) after signed SPA and I can withdraw them within 3 year after signing SPA. My question is can I withdraw my account 2 money just before the end of 3 year period? Will there be any issue for me to withdraw my account 2 after 2 year??

Thank you in advance.
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as long as its within the legal period... its okay... anyway they are quite efficient... within one week after approval u will get ur money in your personal account...
aaron1717
post Nov 21 2016, 04:20 PM

Chui Shui in Property Manyak Best!
********
All Stars
10,188 posts

Joined: Apr 2012
QUOTE(bchan28 @ Nov 21 2016, 04:07 PM)
Thanks for the information. I try to keep the money in account 2 for longer period because interest is high compare to FD plus our monthly contribution will increase the amount. So I can withdraw all the money before the period for renovation or something else.  rclxms.gif
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yeah... i doing the same way as u previously... just draw out when i almost wanna start my renovation... lol...

 

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