Aug 7 2023, 01:23 PM
QUOTE(lemonkaki @ Aug 7 2023, 01:16 PM)
So I bought a house together with my 2nd half on 2021 (S&P signed on late 2021). I've would like to apply for kwsp account 2 withdrawal for my house renovation. May I know what is the correct process?
I've been told that they dont allow u to withdraw for renovation, but if for other method of withdrawal they wont question how you use the money. So thought of asking if anyone been through this before ?
This is also before I go to kwsp and ask since I already know they wont allow withdrawal for renovation.
You cant withdraw for renovation, however you can withdraw 10% of the loan amount for house purchase, and can use that money however you want. People typically use those for reno. This for first time house buyer I think.I've been told that they dont allow u to withdraw for renovation, but if for other method of withdrawal they wont question how you use the money. So thought of asking if anyone been through this before ?
This is also before I go to kwsp and ask since I already know they wont allow withdrawal for renovation.
https://www.kwsp.gov.my/en/member/withdrawa...artial/buy-home
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