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 EPF withdrawal for housing

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Yen00yy P
post May 5 2022, 05:03 AM

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QUOTE(kennykck @ Feb 24 2019, 06:18 PM)
My gf and I bought a house with bank loan and S&P under both of our names. This is my 1st property, while it's 2nd property for my gf.

We would like to withdraw money from account 2. Can both of us withdraw the money provided my gf didnt withdraw any epf account 2 money during 1st property purchase? Both properties has her name in the S&P and bank loan.

Also, the EPF will directly bank in to my own personal account or bank loan account?
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Yen00yy P
post May 5 2022, 05:18 AM

New Member
*
Probation
2 posts

Joined: May 2022
QUOTE(Yen00yy @ May 5 2022, 05:03 AM)

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Hi my boyfriend and I planning to buy a property. My first property and the third property for my boyfriend. Both of us never withdraw epf acc, can we withdraw the fund in this case? Snp and loan under both our names.

Is the withdrawal amount calculation same applied to both of us?
Is this considered individual withdrawal?

Do we need to pay the downpayment 30% first before we apply the epf withdrawal? And how to justify that we utilise the approved withdrawal for housing purpose?


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