News about EPF

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.

PETALING JAYA (Sept 30): Sunway Property has expressed hopes that the government can continue with policies that encourage property purchase and ownership in its Budget 2017 proposals.

KUALA LUMPUR (Sept 23): A higher withdrawal cap on the Employees Provident Fund (EPF) savings appears to be the most viable among proposals to help first-time homebuyers in Malaysia, according to CIMB Investment Bank Bhd.

KUALA LUMPUR (Sept 22): The Employees Provident Fund (EPF) is acquiring a 40% stake in the concessionaire of the Duta-Ulu Klang Expressway (DUKE) for RM1.

PETALING JAYA (Sept 19): Mah Sing Group Bhd wants the government to consider introducing more easing and stimulus policies in Budget 2017 to spur the growth of the property industry and the overall economy.

Property sector (Sept 5) Upgrade to neutral from underweight: Year to date (YTD), the Kuala Lumpur Property Index (KLPRP) is up by 2.