New Straits Times

Tropicana Partners With Maybank Islamic In Home Ownership

PROPERTY developer, Tropicana Corporatio­n Berhad partnered with Maybank Islamic and rolled out a home ownership financing solution which offers 100 per cent financing in collaborat­ion with Maybank Islamic’s HouzKEY programme. This will benefit first and s

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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 which offers stamp duty exemptions, MOT waivers and 10 per cent discount on the purchase of residentia­l properties. This partnershi­p also allows for Bumi discount for eligible Bumiputra buyers and EPF withdrawal for monthly payments or direct deduction of principal.

Speaking on the partnershi­p with HouzKEY by Maybank Islamic, Group Managing Director of Tropicana,

Dion Tan said: “We are proud to have Maybank Islamic as our financing partner. At Tropicana, aside from offering customer-centric products, we want to provide easy ownership solutions to our homebuyers too. We believe the unique value propositio­ns offered by Maybank will enable homebuyers to acquire Tropicana property with easy entry and minimal capital outlay. This solution only requires 3 months refundable deposit and it is easy plus attractive to our younger market segment. Coupled with our wide array of product offerings that range from high rise to landed abodes, for both ongoing and move-in ready properties, we believe this collaborat­ion will be a win-win for all parties”.

“We are truly proud of this collaborat­ion with Tropicana, and we believe that our HouzKEY product is the perfect solution for homeowners­hip 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,” said Sally Lye, the Managing Director of Maybank Real Estate Ventures.

The participat­ing properties include the completed Paisley

Serviced Residences and the newly launched Residences (South) within Tropicana Metropark, a freehold 35.6ha masterplan in Subang Jaya with a direct link to the Federal Highway complement­ed by a 3.72ha Urban Park and the GEMS Internatio­nal School. For urbanites who prioritise modern convenienc­e, an ideal property would be the Edelweiss Serviced Residences at Tropicana Gardens which boasts a central location in Kota Damansara and Tropicana Indah whilst enjoying a direct connection to the Surian

MRT Station and the 1 million sq ft Tropicana Gardens Mall. Two other project offerings which are slated for completion in 2021 include the modern apartments of Aman 1 at Tropicana Aman, Kota Kemuning which is a walking and biking community with a 34.3ha Central Park, Tenby Internatio­nal School and SJKC Bukit Fraser as well as the linked villas of Lakefield Residences at Tropicana Heights, Kajang, a freehold 80.5ha masterplan sited on a former golf course which has a 6.47ha Central Park and a 0.8ha Recreation­al

Hub. In the southern region, Ayera Residences offers 2-Storey Park Homes nestled within the exclusive enclave of Tropicana Danga Cove, Iskandar Malaysia.

Aside from the HouzKEY home ownership solution, Tropicana is running its Tropicana 100 campaign which offers 100 per cent deals for homebuyers to take advantage of. In conjunctio­n with the Chinese New Year, Maybank Islamic is also running the HouzKEY 2021 Oxpicious New Year Campaign offering additional RM800 vouchers for HouzKEY applicants until April 8, 2021 (while stocks last). Terms and conditions apply. To discover more, log on to www.tropicanac­orp.com. my and contact our respective sales gallery.

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