PETALING JAYA (Nov 8): Mah Sing Group Bhd launched its inaugural Lock & Roll deferred financing campaign last weekend where Mah Sing homebuyers can now own their new homes once they have paid the booking fee of RM10,000.
In a statement today, Mah Sing said the campaign aims to enable easy home ownership for buyers.
“It is an innovative deferred financing plan where buyers can first ‘lock’ a unit in with RM10,000 booking fee and ‘roll’ out their cash for other priorities or investment purposes,” said the developer.
Buyers will serve the interest of their loan for the first 24 months and the full instalment will begin from the 25th month, which is when the property market is expected to recover, it said.
“We came up with the Lock & Roll campaign to help buyers own their dream homes and allow them to remain liquid for a generous amount of time,” said Mah Sing CEO Ho Hon Sang.
“In the current challenging market, property is still the best hedge against inflation and is considered as one of the most preferred investment opportunities in Malaysia.
“Therefore, I believe this scheme will be very beneficial to both investors and young families who are looking for a suitable home,”he added.
Participating projects for the developer’s Lock & Roll campaign include Icon Residence in Mont’Kiara, M Galleria in Rawang, Icon City @ Petaling Jaya, Aspen Bungalows and Garden Boulevard Shop in Cyberjaya, Austin V-Square Shops in Johor Bahru, and Ferringhi Residence, Legenda @ Southbay and Southbay Plaza on Penang Island.