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 EPF withdrawal for new launch

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botaknet
post Nov 17 2016, 02:57 PM

Casual
***
Junior Member
316 posts

Joined: Dec 2007
From: Kuala Lumpur


10℅+10℅ only from property price.
botaknet
post Nov 17 2016, 09:04 PM

Casual
***
Junior Member
316 posts

Joined: Dec 2007
From: Kuala Lumpur


3 type for epf withdrawal for housing:

1) for house deposit purpose. 10% + 10% from house price. ( acc 2 also )
2) for installment. ( ALL in acc 2 )
3) to reduce principal balance. ( ALL in acc 2 )

every 2 years withdraw? ru sure for deposit rrr mr chenster?
botaknet
post Nov 17 2016, 09:28 PM

Casual
***
Junior Member
316 posts

Joined: Dec 2007
From: Kuala Lumpur


they will put in your personal account. monthly disburse from EPF to your Personal account.

not lump sump.
botaknet
post Nov 19 2016, 03:00 PM

Casual
***
Junior Member
316 posts

Joined: Dec 2007
From: Kuala Lumpur


QUOTE(WahBiang @ Nov 19 2016, 10:20 AM)
i see.. so my tot is correct, just the deposit part is lump sum, others are all in instalment... can we withdraw the deposit using House but instalment withdrew using house B?? both houses still on hand... and if you got 2 houses, which is suggested to be used, the pricier or the cheaper? assuming will be getting 3rd house by selling one later...
*
Withdrawal will be tagged for the first one that you've been witdhrew before either for installment or deposit.

Only for the A house only. Not combination A and B house.

I will choose for pricier one to max our entitlement for deposit which is 10℅ + 10℅ from the house price.

Use our money. Why park only in epf. Go buy buy buy house. Hehe

* Subject to epf account 2 only.

 

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