News about EPF

Continues from: On bringing down property prices ‘No more goose that lays the golden egg’ Tan (pictured): Right now we have many properties unsold in certain sectors.

Continues from:  On ways to lift the market ‘Prices will not come down but .

Property sector Maintain neutral: In the Budget 2017 announced last Friday, the government announced a new special “step-up” end-financing scheme for PR1MA (1Malaysia People’s Housing Programme).

KUALA LUMPUR (Oct 21): The Employees Provident Fund (EPF) reaffirmed today that a facility will be introduced for members who meet Perumahan Rakyat 1Malaysia's (PR1MA) eligibility criteria.

KUALA LUMPUR (Oct 20): Prominent financial adviser Yap Ming Hui (pictured) said he opposes the proposal to allow first-time homebuyers to withdraw more funds from their Employees Provident Fund (EPF) savings to finance their purchases as this would encourage bad personal finance management habits.

KUALA LUMPUR (Oct 14): The construction work for the retail mall at Bukit Bintang City Centre in Kuala Lumpur will start in January 2017 and is expected to be completed by 2021.

KUALA LUMPUR (Oct 11): The mass rapid transit (MRT) park and ride facilities for the Employees Provident Fund's (EPF) Kwasa Damansara township are expected to be completed before year end.

MOST Malaysians want to own a home, and buying real estate has traditionally been a good inflation hedge.

KUALA LUMPUR (Oct 5): Potentially higher Employees Provident Fund (EPF) withdrawal for homebuyers will not see significant impact on the property sector given that there are already various financing schemes from the government to address the challenge of homebuyers in purchasing their first homes, according to AllianceDBS research.

KUALA LUMPUR (Oct 4): The federal government is studying the possibility to allow first-time home buyers to withdraw more money from their Employees Provident Fund (EPF) account to finance their affordable house purchases.