KUALA LUMPUR (June 9): Developer Newfields Land has teamed up with Maybank Islamic’s HouzKEY to provide its Easy Home Ownership programme for its latest high-rise project called Habitus, which is located in the City of Elmina, Selangor.
Some of the key features of this financial programme includes no payment during construction and on vacant possession, a monthly repayment from RM820 per month, according to a press statement by the developer today.
The scheme is open to all Malaysians to finance their first or second home. They will be given 100% financing with no down payment, and purchasers only need to fork out three months’ deposit, which is refundable.
The RM202 million Habitus sits on 2.25 freehold acres and comprises two towers. A 20-storey tower will feature 240 SoVo units, while the other 25-storey tower will contain 305 serviced apartments. The unit built-ups range from 565 sq ft to 998 sq ft and the selling price starts from RM270,000. The target market is young professionals with families.
“Habitus is designed to bring the enjoyment of condo living, with all the facilities to this fantastic location. Being able to offer our designer product homes to the Newfields Easy Home Ownership platform, I believe it will allow keen first-time buyers the opportunity to own a great home in this well planned and highly connected township,” said Newfields Land managing director Seow Voon Ping.
He added that buyers will also enjoy additional perks such as free legal, and sale and purchase agreement fees, free kitchen fittings and free air conditioners in living spaces plus free maintenance fee for the first year.
Newfields Land was established in 2004 by Newfields Group as its property development arm. Since its conception, it has developed various commercial and residential projects across the Klang Valley. Recent projects include Maisson in Ara Damansara, The Sanderson in Bukit Serdang and Puchong Gateway.
original article from The Edge Markets Online , dated 9th June 2020.