Using EPF funds to address affordable housing woes


At the moment, the withdrawal limit to purchase a home is 30% of total Employees Provident Fund (EPF) savings or all savings in Account 2.

THE rise in cost of living has led to a significant erosion of take-home income and is becoming an increasing cause for concern. This has resulted in more Malaysian youths and job entrants being unable to afford to purchase homes in urban and sub-urban areas.

The situation is further aggravated as the country struggles to find a solution to keep real estate prices in check. Many governmental agencies have been set up but affordability remains a problem.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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EPF , CPF , funds , buy , property , houses , home ownership , Singapore , withdrawal ,

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