Hi guys, I had became the viction of EPF. EPF has implemented a new rule for those wanna withdraw the money in acc 2 to buy the 1st house. If you havent marry with your partner and buy house together, pls forget about taking your EPF $$$$. Their new rule is they only will to approve the withdrawal of EPF $$$ if you can show them your marriage certificate. If not, all the application will be rejected. This is effective 5th Nov 2008.

BUT the problem is they never made any annoucement on this matter. No one know. No news published on newspaper, even until now KWSP website was not being updated. I had pay the 5% of downpayment to buy my dream house with my bf and when both of us went to apply to withdraw the $$$$ from EPF on 7th Nov, their officer never told us to wait for 3 weeks and we can see the $$$ in our account. However, on th 10th they called us saying our application cannot be processed. Now both of us cant get back our saving in EPF. I had appeal to them and now still waiting for their reply. Already 3 days passed, probably they have chunk my application to the dustbin.

I still need to pay the remaining 5% of DP to the owner. Because of this new rule all my plan ruined. Im now have a big head trying to find $$$$ to settle my problem..

Guys, in future if u guys plan to withdraw your $$$ from EPF to buy anything.... u guys better check with EPF whether they gonna implement any new rule or not. cz they NEVER inform us..... this is reali UNFAIR!!!!!!!!!!!!!!!!!!!!!!!!

This post has been edited by desperado80: Nov 13 2008, 12:26 PM

since both of you has plan to buy house mean both of you will get marrid soon or infuture rite? just go register your married certificate lor...

yes...marriage can settle this prob.. but what if Im buying with my fren who is same gender with me??? i just wan to point out tat epf can simply do anything on our $$$$. tats MY money...

means u combine name with ur bf for the property?

then could u still withdraw from ur account or ur bf's account ONLY?

this is a stupid rule. If I want to buy a house with my family(sister/brother) then I cannot take the money because I'm still single? Lol

come on girl, just go REGISTER... get the register CERT can ad la! what so hard? unless u dont trust ur bf.. or ur bf dont wan

does this new ruling apply to withdrawing for loan settlement or just for paying the initial downpayment?

This wont be long, its a stupid rules, this will kill the development biz and contruction for housing. Most probably temporary.

hope ur rite, im not so optimistic unless people complain publicly

I called to their customer service line, they said can withdraw from my bf account. but when i walked in the branch and asked they said both cannot withdraw..they make me confuse...

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Added on November 13, 2008, 2:17 pmyou can buy with ur family member but need to show them your birth cert... stupid right??

This post has been edited by desperado80: Nov 13 2008, 02:17 PM

This is turning into a rant thread.
If it persist, than I would move it to Kopitiam.

Anyway, back to topic; can someone else pls verify the source? As I've went to KWSP website and didn't see anything stated there.
http://www.kwsp.gov.my/
The latest news is: "Lower EPF Employees' Contribution Rate Starting January 2009 Wage"

desperado80, demand the office to show you their circular as you have your right to say that the call center and the website didn't show anything.

I even went to their branch and ask them to show me the notification, they admit they didnt make any anouncement... but they oni received internal circulation memo.. im so frustrated because oni EPF ppl aware of the new rule but not the public... and now they said they cant do anything since their upper mgmt has enforced the rule...

I just bought a house recently and I believe I've never heard of this rule. What I understand is, even if you and your bf are not married, you can still withdraw from your account and him from his. However, BOTH of you must be the name owner of the property in the grant.

But that piece of info was valid up until September 2008. I personally do not believe what the call centre fellow told you as it does not make any sense. Let's take the bf/gf issue out of the picture and imagine that I can't withdraw money to pay for a house purchase assuming it is shared with someone else? That does not sound right to me at all.

ask to see the manager for further explaination.

I went to see the manager oledi... they will escalate my case and talk to higher mgmt...actuali not oni my case...there r many cases..
today i called tat manager again...she said she will attend a meeting to discuss on this issue and will get back to me.. but now oledi 6pm, no answer from her.. i have to go epf branch tmrw morning to see her again... i wan them to give me a definite answer!!!!

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Added on November 13, 2008, 6:04 pm

you r reali lucky...this new rule was just implemented on 5th nov...

This post has been edited by desperado80: Nov 13 2008, 06:04 PM

TS, pls update us if there is any confirmation from the manager

If you want one drastic solution, than tell them you're going to the press in regards to this matter.

Also, call the call center again and ask in regards to the issue. Get the name of the caller that attended to you. So if you really want to file a complain, there's points of contact; i.e. call center XXX give you this infor and XXX from branhc gives you another set of infor.

Stated very clearly in EPF website


Withdrawal to Purchase a House

This withdrawal allows you to withdraw your savings in Account II to partially finance the purchase of a house either via:

1. Individual purchase; or
2. Joint purchase with spouse/family members only. Joint purchase with other individuals who do not have any family relationship is NOT allowed. Proof of kinship is required to validate your joint purchase.


Refer Here

that's one unfair rule there ... why would EPF care ppl with no 'official' relationship buy house together? So they want to stress that relationship without marriage = no relationship? =_=

Because the scheme intention is for the members to buy house for the family to stay on it. It is not intended for someone buying house using EPF money for investment or other purposes.
You have to ask back as well, why would someone buying house together under joint name that has no relationship or you want to call official relationship in the first place?

Joint name properties is not like joint name bank account whereby joint name account, you can assign either one to operate. Joint properties can't.
Actually it is good to prevent joint name properties as joint name properties can run into a lot of problem/trouble if either one party disagrees on the particular ownership of the house issue, like renting or selling time.
In real life example, there are a lot of issue on joint name properties as well, even in the property section thread that we encounter before.