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 KWSP withdrawal to buy home

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gashout
post Mar 10 2025, 05:19 PM

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QUOTE(ivzh @ Mar 10 2025, 04:28 PM)
Plan to buy a house for long term stay, the house will be only under my wife name. Loan will be under her name.

However, in this case can i withdraw from my account 2 for the initial payment if it's not joint name? or anyway to go around?
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i did withdrawal, very smooth, but it's under my own name

maybe give epf a call tomorrow morning for best answer... and let us know.
gashout
post Mar 10 2025, 06:29 PM

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QUOTE(Avangelice @ Mar 10 2025, 05:51 PM)
I know this is serious kopitiam but that's just a dumb move. Why the heck are you using YOUR retirement money on HER house?
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My friend's husband also pays for her installemnt
House under her name.

It all depends the quality of woman you marry.
gashout
post Mar 12 2025, 01:19 PM

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QUOTE(ivzh @ Mar 11 2025, 03:08 PM)
mega_shok.gif
clarify the situation, This will be my 4th property (2 inherited / 2 under mortage), this will be her first.  My wife has been sacrifying alot for the family... if things go sore in the end, then that's it.
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Women do sacrifice a lot.

9 mths pregnant. Doesn't go to work. Focus on family. Let husband fly in career. Priceless sacrifices I call this.


QUOTE(Avangelice @ Mar 11 2025, 03:48 PM)
I don't wanna be an annoying asshole but bare in mind if a divorce happens, you has rights to get 50% of all properties.

Okay I have beaten the dead donkey enough as I don't wanna side track the topic
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Money isn't everything. Learn to live with heart than money money money

People sacrifice their youth and time for the family. She deserves something she can call her own.
gashout
post Mar 17 2025, 02:54 PM

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QUOTE(adamhzm90 @ Mar 17 2025, 12:29 PM)
the money goes into the loan account or your savings account?
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Loan account. Off set.

Don't even imagine you can withdraw it..

I've tried 🤣
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