EPF / KWSP withdrawal for second home

Effective from 2nd January 2001, applicants can also withdraw from Account II to purchase or build their second house on condition that the first house, which was funded from their EPF savings, has been sold.

Applicants are required to submit documentation of the sale of property such as:

• Memorandum of Transfer (KTN 14A); or
• Title Deed under purchaser's name; or
• Deed of Assignment; or
• Loan Agreement cum Assignment.

If the house purchased or built before 2nd January 2001, applicants can only withdraw to reduce or redeem their housing loan only.