Minimal short-term impact on house owners from new EPF initiative, says Rehda

PETALING JAYA: The latest initiative by the Employees Provident Fund (EPF) to restructure accounts will not have much short-term impact on prospective homeowners, says Real Estate and Housing Developers Association (Rehda) president Datuk NK Tong.

According to Tong, this was because individuals can still use EPF funds to buy homes by combining 10% from Account 3 with 15% from Account 2.