An artist impression of Ayera Residences.
PETALING JAYA: Property developer Tropicana Corporation Bhd (Tropicana) is partnering with Maybank Islamic to roll out a homeownership financing solution that offers 100% financing in collaboration with the HouzKEY program.
This program will benefit first, and second-time homebuyers as this homeownership solution provides zero payments during construction and the lowest monthly payments with the best rates in town.
Tropicana is one of the early adopters of the latest version of HouzKEY, which allows the enjoyment of government incentives such as the Home Ownership Campaign (HOC), which offers stamp duty exemptions, memorandum of transfer waivers and 10% discount on the purchase of residential properties.
This partnership also allows for Bumiputera discount for eligible buyers and Employees Provident Fund (EPF) withdrawal for monthly payments or direct deduction of principal.
Tropicana group managing director Dion Tan said: “At Tropicana, aside from offering customer-centric products, we want to provide easy ownership solutions to our home buyers too. We believe the unique value propositions offered by Maybank Islamic will enable home buyers to acquire Tropicana property with easy entry and minimal capital outlay.”
“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,” added Maybank Real Estate Ventures managing director Sally Lye.
Paisley Serviced Residences at Tropicana Metropark is one of the properties included in the new HouzKEY offer.
The participating properties include the completed Paisley Serviced Residences and the newly launched Residences (South) within Tropicana Metropark, a freehold 88-acre masterplan in Subang Jaya.
Other Tropicana properties eligible are Edelweiss Serviced Residences at Tropicana Gardens, Aman 1 at Tropicana Aman, Kota Kemuning, the linked villas of Lakefield Residences at Tropicana Heights, Kajang and Ayera Residences in Tropicana Danga Cove, Iskandar Malaysia, Johor.
Aside from the HouzKEY home ownership solution, Tropicana is running its Tropicana 100 campaign, which offers 100% deals for home buyers.
Maybank Islamic is also running the HouzKEY 2021 Ox-picious New Year Campaign, offering additional RM800 vouchers for HouzKEY applicants until April 8, 2021, or while the limited vouchers last.
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