Term of Withdrawal

You are eligible to apply if you: 

Buy a residential house (type : bungalow/terrace/semi detached/ condominium/ apartment/studio apartment/ service apartment/ townhouse) or a shop lot with residential unit or a small office home office (SOHO) unit.

The purchase of the house is financed by:

(a)   Housing loan from any of the following institutions

(i)Financial Institutions licensed under the Banking and Financial Institutions Act 1989 (BAFIA);

(ii)Central / State government or any other government financial agencies;

(iii)Member’s employers;

(iv)Cooperatives / Cooperative Companies with license (approved by Cooperative Development Department, Ministry of Entrepreneur and Co-operative Development);

(v)Licensed insurance companies as approved by the Central Bank of Malaysia;

(vi)Loan provides as allowed by the EPF; OR

(b)   Cash

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.

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.

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.

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 visit this link www.kwsp.gov.my for more accurate & extensive information due to these terms & conditions are regularly updated.