Can someone tell me how long do I have to wait for kwsp withdrawal after sign snp? I bought a house in Pristana, Sg Buloh which is lease hold. plus if there is land restriction or anythings else.. how long do u guys thing I need to wait?

Its about 3-4 weeks of im not mistaken, reasonably fast

surprisingly that fast.... thanx!!

My friend get it within 2 weeks, even faster.

i did mine last time..it's about 14 working days if i not mistaken.
very easy & fast transaction i would say..
donwload all the form, prepare all the document, go to KWSP jalan gasing @ 8.00am, after 1 minutes, my number is up, go to counter, 5 minutes checking & completing the form by the officer (ask him how long it takes to get the money), then done! go home, wait for 14 days, check ur statement online. if saw some deduction, then check ur bank account.
hoho..kaya already!!

If ur 1st time apply for EPF withdrawal then even faster becuase the money is direct debit into your personal account. My customer told me 3-4 days he get the money from EPF. I so surprising when he told me..

mm.. hope i'll get it as fast as i can! thanx!!

Your friend must be withdrawing the 50 years old package if not wont be so fast, becos for housing withdrawal the fastest is 1o days.

He is not my friend but my customer. He is only 30 years old. I'm not sure where is he applying but he told me he get the money in 3 to 4 days. I never apply before so I don't know, i jz sharing this here only.

a yr ago, i got my first EPF withdrawal for buying house in about 11 or 12 days, can't remember the exact days.
told by EPF officer usually within 2 weeks.

some say... i only need to submit snp (stamp) + loan agreement + ic + acc no... but some say.. i need letter from land ofc like suratan hak milik & surat kebenaran pindah milik frm pejabat tanah.. so which one is true? if i only need to submit only the 1st choice (without landofc letter) thn it would b easy for me.. but wht if I need to wait letter frm land ofc? its gonna take month isnt it??

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Added on December 21, 2008, 1:25 pmforgot to mention that this is a subsales.. I bought direct from the owner

This post has been edited by starsailor1070: Dec 21 2008, 01:25 PM

i heard that EPF withdrawal, especial for joint name without relationship, it will become difficult, is it true?

Some experience shared by others:
EPF new rule, no married no $$$$

if i remember correctly my withdrawal last year took about a week only. i was quite suprised cos the staff told me that usually 2 weeks to a month.

Just submitted my form and docs today, was told 21 days.

Oh yes, one more thing. For withdrawal to buy house, the max amount formula is (house price - approved loan amount) + 10% of house price. Eg. House is rm400k. Loan approve is 300k. Max allowed = (400-300) + 0.10*400k = rm140k.

This post has been edited by kimyee73: Dec 22 2008, 05:50 PM

but what about those letter that I need from land office? is it gonna take ages?

i saw from other forum, KWSP really change the rule, which no longer allow a couple with no proof-of-relationship to withdraw EPF together, but only allow 1st a/c holder...

If you bought direct from owner, it depends on whether individual title has been released. If not yet, you need Deed of Assignment or confirmation letter from the developer. If title already released, you need the seller's individual title and the KTN 14A form that has been processed by the land office. This should be fast. Get it from your lawyer.

If bought from developer, the S&P agreement would suffice; later on they'll copy your IC as proof that you have come in person to do the withdrawal..

Not only that. If you took loan, you need to provide the loan offer letter as well if withdrawal within 1 year from S&P. If after 1 year, need to provide loan agreement instead. Also need to bring your saving account book or current account statement. It has to be individual account, no joint account allowed.