‘New EPF initiative won’t have significant impact on property sector’


PETALING JAYA: Despite lower contributions to Akaun Sejahtera following the Employees Provident Fund’s (EPF) latest initiative, analysts are of the opinion that it won’t have a significant impact on the property sector.

Economists said this was because Akaun Sejahtera, formerly known as Account 2, only saw a decrease of 5% in contributions, and it will not have an adverse effect on a person’s plan to purchase a home.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
EPF , third account , contributions

Next In Nation

University vice-chancellor claims trial to deception charge in Melaka
JAIS probes political allegations on mosque's social media
Customs orders KLIA staff rotation to enhance integrity, work culture
E-hailing waiting areas and toilets to get upgrades at Kuching airport
RM40bil in housing financing guarantees available for 100,000 first-time homeowners, says Nga
Anwar flags ‘songlap and sakau’ culture in defence procurement industry
Cops nab local for robbing Vietnamese of RM8,000
Non-performing Sedco subsidiaries to face closure, reforms
Military procurement to face tighter scrutiny under new defence industry policy, says Anwar
Vice Admiral Datuk Sabri sues Chegubard over graft allegations

Others Also Read