TA Global partners Alliance Bank to offer green financing for The Arden

• Under the MOU, Alliance Bank will offer the Green Commercial Property Financing loan scheme to purchasers of The Arden, where they can enjoy financing margins of up to 90%, including entry costs and insurance coverage.

PETALING JAYA (Aug 26): TA Global Bhd on Tuesday signed a memorandum of understanding (MOU) with Alliance Bank Malaysia Bhd (KL:ABMB) to offer green financing for purchasers of its Grade-A strata office tower development called The Arden in Bandar Sri Damansara, Selangor.

Under the MOU, Alliance Bank will offer the Green Commercial Property Financing loan scheme to purchasers of The Arden, where they can enjoy financing margins of up to 90%, including entry costs and insurance coverage. Purchasers will also benefit from preferential rates and financing tenures of up to 30 years or until they reach the age of 70, whichever comes first.

“At TA Global, we believe every project should leave a lasting legacy. With The Arden, we are redefining what a modern office should be—a space where business success and environmental responsibility go hand in hand. Our partnership with Alliance Bank reinforces this commitment, helping us lead the way in delivering sustainable, high-performance corporate spaces,” said TA Global chief operating officer Lee Yen Foong in a press statement issued on Tuesday.

Meanwhile, Alliance Bank group chief consumer banking officer Gan Pai Li said: “We are honoured to work together with like-minded organisations like TA Global through the Alliance Bank Green Commercial Property Financing scheme to make green-certified offices even more accessible to our customers.”

Purchasers who are Alliance Bank credit card holders will also enjoy a 0% flexi payment plan on the booking fee or down payment up to 36 months.

The GreenRE certified The Arden features both leisure facilities and business infrastructure under one roof, including Bandar Sri Damansara’s first infinity pool atop the office tower. The 38-storey tower is scheduled for completion in 1Q2028.

As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.