Increase In Withdrawal Limit For EPF Account 2 Will Boost Property Market
An increase in the withdrawal limit for the Employees Provident Fund Account 2 (to 30 per cent of a subscriber’s EPF account) will help increase home ownership substantially and boost the property market, said Kenanga Investment Bank Bhd. “But such actions may require long-term studies by the fund due to long-term repercussions on future retirees,” … Read more