‘Allow higher EPF withdrawals’


Building prospects: Prospective investors and sales people discussing business at Star Property Fair at the Publika Shopping Gallery, KL

KUALA LUMPUR: First-time home buyers should be allowed to withdraw 40%, instead of the permitted 30% now, from their Account 2 in the Employees Provident Fund (EPF) to finance the purchase.

Mah Sing Group Bhd chief executive officer Ho Hon Sang said that such buyers were facing increasing difficulties in getting their dream home.

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Government , star property

   

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