• This withdrawal allows you to utilize your savings from Account 2 to partially finance your purchase of a house individually OR jointly with your spouse or close family members namely parents or siblings.
• Buying of a house with another individual who has no kinship is allowed provided that the other individual is a buyer and borrower.
• This withdrawal allows you to buy a house from a developer or an individual or through a public auction.
• EPF Withdrawal to purchase a second house is allowed after the first house purchased utilizing EPF has been sold or disposal of ownership of property has taken place. Disposal of ownership refers to ‘loss of ownership of the first house owned by you either due to auction, surrender of property by court order, transfer of ownership because of love and affection, destruction of house due to natural disaster, abandoned housing project or cancellation of purchase’.

APPLICATION ELIGIBILITY

• (i) A Malaysian Citizen; OR

(ii) A Malaysian Citizen who has made  Leaving The Country Withdrawal before 1 August 1995 and has opted to re-contribute to the EPF; OR

(iii) A Non-Malaysian Citizen who:

•  
  • Has became an EPF before 1 August 1998, OR
  • Has obtained a Permanent Resident (PR) status.
• You have not reached the age 55 at the time the EPF receives your application; AND
• You have a minimum savings balance of RM500.00 in your Account 2.

        • Financial Institutions licensed under the Banking and Financial Institutions Act 1989 (BAFIA);
        • Central / State government or any other government financial agencies;
        • Member’s employers;
        • Cooperatives / Cooperative Companies with license (approved by Cooperative Development Department, Ministry of Entrepreneur and Co-operative Development) 
        • Licensed insurance companies as approved by the Central Bank of Malaysia;
        • Loan providers as allowed by the EPF; OR

    (ii) Cash.

3. The date of the Sale and Purchase agreement is not more than three (3) years at the time your application is received by the EPF.

4. You have never made a Housing Withdrawal; OR you have made a withdrawal to purchase your first house and have sold the house or disposal of ownership has taken place and now you intend to build your second house. Proof of sale / disposal of ownership of the first house must be submitted to the EPF.

5. You want to buy a house which has been acquired from a rental with a view of purchase agreement from a party authorised by the EPF.

6. You have bought a land and built a house on the same land simultaneously (dates of the agreement to purchase the land and the agreement to construct the house must be within 6 months).

 You are not eligible to apply if you:

•    Buy a land or a house lot only.
•    Renovate, repair or do additional work to the existing house..
•    Property ownership is not via sale & purchase transaction.
•    Have taken an overdraft loan.
•    Buy a third house.
•    Buy a house in a foreign country.

• You may choose to decide on the amount to withdraw from your Account 2, subject to the maximum amount eligible by filling in the desired amount in the housing withdrawal Form 9C (AHL).
• You may have made a housing withdrawal before but have cancelled the purchase of the house and now you wish to make this withdrawal to purchase a house. In this situation, the amount withdrawn need not be returned to the EPF. The earlier withdrawn amount will be deducted from the current eligible amount subject to the balance eligible (if any).

1. What are the requirements for Withdrawal To Purchase A House?

Members must be:
- Malaysian citizens; OR
- Non-Malaysian citizens who have obtained Permanent Resident (PR) status; OR
- Malaysian Citizens who have made Leaving The Country Withdrawal before 1 August 1995 and have opted to re-contribute to the EPF; OR
- Non-Malaysian citizens who have became members before 1 August 1998;

1. What is the amount entitlement under Withdrawal To Purchase A House?

Members can withdraw their savings according to the following, whichever is lower;

a)  Individual Purchase – The difference between the house price and the loan amount plus an additional 10% of the house price; OR
All the savings in the applicants’ Account 2 subject to maximum amount eligible for withdrawal (whichever is lower)  

b) Joint Purchase With Spouse, Family Member or Other Individuals

c) For housing loan of 100% – 10% from the cost of building the house; OR All savings in Account 2 (whichever is lower)

d) Cash purchase – house price with an additional 10% from the cost of building the house; OR All savings in Account 2 (whichever is lower)

1. How is the payment made?

The payment for withdrawal will be credited directly to the bank account with the following conditions:
- Members own a bank account with the EPF elected panel banks.
- Members’ bank accounts are still active, and
- Members’ bank accounts types are individual savings/current accounts OR Individual Joint Account for withdrawal amount of more than RM100,000.00

1. How do I submit the applications?

Applications can be submitted at any EPF Offices nearby, either at the counters or by post.