AmBank, Sime Darby Property sign MoU to improve home financing

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(From left) Sulaiman, Loo, Lai and Azmir at the MoU signing.

(From left) Sulaiman, Loo, Lai and Azmir at the MoU signing.

KUALA LUMPUR: AmBank Group and Sime Darby Property Bhd signed a Memorandum of Understanding (MoU) to offer home buyers a sustainable financing option for the purchase of Sime Darby Property homes.

In line with its environmental, sustainable and governance (ESG) goals, Sime Darby Property aims to improve the experience for its customers’ home purchase journey and provide a more streamlined loan application process through its holistic home ownership ecosystem. 

“We have observed a growing demand for sustainability-linked financing due to the heightened awareness on combating climate change. We are pleased to work with Sime Darby Property as part of our efforts to offer our customers green financing options,” AmBank Group group chief executive officer Datuk Sulaiman Mohd Tahir said.

The collaboration strives to extend the company’s digital initiatives, providing Sime Darby Property's customers with a more efficient property buying experience.

“We are one of the few, if not the only, property developer that is able to give a full end-to-end digital and online sales experience for its customers. Our in-house innovations such as the Online Booking System and Virtual Sales Gallery with a dedicated internal consultation team have provided significant convenience for homebuyers to view, register, select their dream homes and complete payments online. This collaboration perfectly complements and completes the ecosystem,” Sime Darby Property’s group managing director Datuk Azmir Merican said.

In Elmina Business Park, AmBank and Sime Darby Property are also partnering to provide end-buyers of industrial products with financing, offering up to a 200% margin of advance for small and medium enterprises.

AmBank Group retail banking managing director Aaron Loo Boon Seng and Sime Darby Property chief marketing and sales officer Datuk Lai Shu Wei were also present at the signing. For more information, please visit ambank.com.my or simedarbyproperty.com


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