You can learn more about each scheme withdrawal offered to members here.

Yes.

No, SPK Housing Withdrawal can only be applied once. 

Yes, if the member fulfills the withdrawal requirements.

Payment will be made in one lump sum to the Contractor/Bank/Developer/Government/Seller.

No, the withdrawal application must be applied by the member.

Yes, member can apply both withdrawals at the same time given the member has fulfilled the requirement for both withdrawals.

No. SPK Housing Withdrawal can only be applied for houses that are purchased, built, renovated, or repaired within Negara Brunei Darussalam.

You may refer to ABCi website at www.abci.gov.bn for the list of registered contractors in Brunei.

Yes, members can apply for withdrawal through SPK Housing together with copies of the following supporting documents:

1. Member's identity card.
2. Construction Agreement or Sale and Purchase Agreement.
3. Land Grant.
4. Housing Loan Agreement.
5. Latest Loan Balance Statement.

No, DIY renovations are not allowed. All renovation works must be completed by a registered contractor with a valid Builder’s License.

Yes, applicants are required to submit the completed BuildingWorks Checklist for Private Residential Buildings form that has been verified by ABCi.

You may refer to ABCi website at www.abci.gov.bn.

Members must have a formal contract or agreement with the Contractor for all building or renovation works to safeguard the interests of both parties in the event of a dispute. The contract must be duly stamped at the Registrar of the Subordinate Courts, as unstamped documents are not admissible in court. 

To assist members and contractors, a Renovation Agreement template is available for download on TAP’s official website.

The following items are not covered:

- Swimming pool.

- Soil filling/Earthworks.

- Non-essential electrical fittings such as chandelier lights.

- Kitchen appliances and accessories (gas stove, oven, kitchen hood, and etc.).

- Walk-in wardrobe and kitchen island.

- Non-essential bathroom accessories (jacuzzi, bathtub, and therapeutic shower sets and etc.).

- Non-essential interior decorations (wainscoting, wallpaper, wall panel and etc.).

- Water tank/pump/filter.

- Any other job scopes that are not related to construction or house renovation works.

The TPOR is 7 working days after all required documents have been completed and submitted, and renovation works are completed according to the approved scope of work.

Payment is issued upon completion to ensure the contractor fulfills the approved scope of work and to safeguard member’s savings against incomplete or invalid claims.

TAP will provide Letter of Guarantee to the contractor upon request by the member.

Yes, you may renovate or repair a house owned by your spouse, parents, or children (immediate family members).

You will be required to submit supporting documents such as Birth Certificate or Marriage Certificate to verify the relationship.

No. The requirement to provide additional documents applies only to applications submitted from 1 December 2025 onwards.

However, TAP may request further supporting documents (Consent Form, Builder’s License, etc.) if needed to ensure smooth and accurate processing of your application.

Appointment of a Quantity Surveyor (QS) is only required for renovation works BND10,000.00 and above, OR if ABCi considers the renovations as significant works.

The fees for appointing a QS are to be borne by the member. The QS ensures that the renovation works meet the required standards and comply with TAP’s guidelines. The QS to assess the renovation works must be registered under BAPEQS.

QS work report is available here.

The list of registered QS can be found here.

Members have the option to make withdrawals at age 45, 50 and 55. However, if a member chooses not to make any withdrawal, they can benefit from the accumulated dividends on their savings. They have the flexibility to withdraw their savings once they reach the age of 60 if the need arises. 

Members can apply for age withdrawal starting from their 45th, 50th, or 55th birthday. Last age withdrawal will be when a member reached age 60 years old. Once they attain the eligible age, they can initiate the withdrawal application.

Yes, members have the option to withdraw less than the maximum allowed amount of 30%. The 30% rate represents the maximum withdrawal limit, but members can choose to withdraw a smaller percentage based on their individual needs and preferences.

No. You may apply for withdrawal according to your personal needs.

Some of the member's Pre-Retirement Withdrawal can be made without any additional terms or conditions once you reach the specified age:

• 30% for withdrawal at Age 45 years.
• 30% for withdrawal at Age 50 years.
• 30% for withdrawal at Age 55 years.
• 100% for withdrawal at Age 60 years.

These withdrawals can cater to various member's withdrawal needs including the purposes mentioned.

Yes. You are eligible to make Age 45 withdrawal under SPK. The amount you can withdraw is 30% of your SPK Member Account savings balance as of the date of SPK implementation.

You can apply once for each withdrawal type, namely SPK45, SPK50, SPK55 and SPK60

Withdrawal applications can be made through the relevant channels once SPK implementation is in place. Please follow the specified procedures for overseas members to apply for SPK withdrawals which will be informed shortly.

Yes, withdrawals can be made on a monthly basis for either 10, 15, or 20 years. Additionally, also have the option to partially withdraw as lump sum and receive the remaining balance as a monthly annuity, for example, members can withdraw 50% as a lump sum and receive the remaining 50% as a monthly annuity for 10 years.

You may use a valid passport as an alternative form of identification for verification purpose.

No. The condition is at any time after the member reaches the age of 55 until before reaching 60 years old.

The amount received by the member is based on the amount in their SPK Member Account that will be paid every month until the member reaches the age of 60.The amount member will get is based on the balance in their SPK Member Account which will be divided into five (5) years or the period until member reaches 60 years old.

 If the member applies for the 55+ Withdrawal at the age of 55, the total balance in the SPK Member's Account will be divided into five (5) years or until the member reaches the age of 60. 

If the member applies for 55+ Withdrawal at the age of 57 years, the balance in the SPK Member's Account will be divided into three (3) years or until the member reaches the age of 60 years at the age of the member applying for the withdrawal.

Member will get not less than $500.00 per month and if the balance in the SPK Member Account does not meet this amount once divided in accordance to the period stated, then the amount received will be round up to $500.00 per month until the amount in the SPK  Member Account is exhausted.

No, the balance in the SPK Member Account is paid monthly (annuity) until the age of 60.

However, members are still eligible to receive monthly annuities from the SPK Retirement Account starting at age 60.

Once you have applied for the SPK 60 Withdrawal from the SPK Member Account, you will start receiving the SPK monthly annuity from the SPK Retirement Account until lifetime, subject to conditions.

All withdrawal applications must be managed by the member/applicant themselves except for Next-of-Kin Withdrawal.

If member is unable to visit any TAP counters or apply for withdrawal due to health issue, please contact TAP Call Centre at 272 2929 to get TAP Membantu assistance where TAP representatives will visit the member for verification and withdrawal application.

All withdrawal applications must be managed by the member/applicant themselves except for Next-of-Kin Withdrawal.

If member is unable to visit any TAP counters or apply for withdrawal due to health issue, please contact TAP Call Centre at 272 2929 to get TAP Membantu assistance where TAP representatives will visit the member for verification and withdrawal application.

You can easily make a withdrawal application via TAP online service platform, e-Amanah.

If member has appointed an Administrator Nominee prior to his/her death, the first Administrator can directly make withdrawal application for the deceased member's account balance.

If a member never appointed an Administrator Nominee while he or she was alive, an immediate family would have to make a report to TAP by filling in a SPK Next-of-Kin Complainant form  TAP will provide a letter for the Complainant submit to the Probate Office  Probate Office will provide an Administration Appointment Letter of who the beneficiary is as the Administrator to distribute the wealth of the deceased according  only the appointed beneficiary by the Probate Office will make the withdrawal application for the SPK Member's Account balance.

The responsibility of the appointed Administrator is to fairly distribute the balance withdrawn to the rightful beneficiaries according to Faraid for the Muslim members or will for the non-Muslim members.

If the deceased never appointed an Administrator Nominee, the period of withdrawal will depend on the proceedings between the deceased Member's next-of-kin and the Probate Office.