Unlock Your Dream Home Sooner: 90% EPF Withdrawal for First-Time Buyers
Exciting news for aspiring homeowners! The Employee Provident Fund (EPF) has revised its withdrawal rules, making it significantly easier for first-time homebuyers to access their savings. Now, individuals can withdraw up to 90% of their accumulated EPF balance to purchase their first home after just three years of membership.
Easier Access to Your Savings for a Brighter Future
This change marks a major shift towards supporting first-time homebuyers, easing the financial burden and accelerating the path to homeownership. Previously, accessing such a substantial portion of EPF savings required a longer membership period, often posing a significant hurdle for those eager to enter the property market.
How This Helps You Achieve Your Homeownership Dreams
This new policy opens doors for countless individuals and families, allowing them to leverage their hard-earned savings to secure a home faster. By reducing the time and complexity associated with accessing these funds, the EPF empowers prospective buyers to make their dream of owning a home a reality sooner than ever before.