PETALING JAYA: I-Bhd’s subsidiary City Centrepoint Sdn Bhd has partnered with Maybank Islamic Bhd to offer an alternative home financing solution, HouzKEY, that provides full financing for home buyers for its latest luxury residential project BeCentral at i-City Golden Triangle in Shah Alam, Selangor.
In a statement, i-City said the HouzKEY solution is offered by Maybank Islamic, where qualified buyers can enjoy 100% financing on their home purchases with no down payment required, no payment required during construction period and low monthly payment with the best rates.
It said that the BeCentral development is a 52-storey freehold luxury residential project, with a size spanning from 632 square feet to 793 square feet.
With the HouzKEY solution, the pricing of units starts from RM484, 000 and homeowners can now own the unit from a monthly payment as low as RM1, 250.
According to i-City director Monica Ong, HouzKEY allows buyers to acquire properties with minimal upfront cost as only a three-month refundable payment is required as security deposit.
Meanwhile, Maybank’s Real Estate Ventures managing director Sally Lye believes that HouzKEY is the perfect solution for first-time home buyers and upgraders in realising their dream to own a home now in the current market.
“Working together, we are widening our reach and opening up opportunities for more Malaysians to own properties without having to worry about the high upfront costs associated with purchasing a property, ” she added.