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You can withdraw the balance 7% from EPF to paid up the vendor but bear in mind the the vendor must agree on this condition. You must check if your EPF 2nd account have the sufficient balance to be withdraw. Yet you can also withdraw extra 10 % of the SPA price from 2nd account if you have sufficient balance. Check with EPF for the latest rules and regulations as they are used to changed it from time to time. Take care. Read More

Dear David,
From my experience, you need to have a signed and stamped copy of the S&PA to apply for EPF withdrawal and I have to standby my own money first. EPF will release the money directly to me later. It's all about how much are you eligible to withdraw and when will the disbursement by EPF take place. You need to plan and coincide the payments with the payment conditions and requirements in your S&PA.
David Wong
Licensed Agent E2097
QUANTUM Real Estate
mobile:+60193330573
www.quantumrealestate.com.my Read More