In a statement, Mah Sing said the campaign was a hugely successful financing programme for residential and commercial properties.
Under the campaign, buyers are required to pay only five per cent for residential properties, and the rest upon completion. For commercial properties, buyers need only pay 15 per cent first.
For completed residential properties, buyers can reduce their monthly installment payments by servicing only the interest on their loan amount for the first five years.
Mah Sing Group will also absorb the legal fees for the sales and purchase agreement, loan documentation, and memorandum of transfer for selected properties, it said.
Meanwhile, the company will sustain its momentum this year and beyond by offering medium to high end residential and investment grade commercial projects.
Mah Sing Group Bhd has 16 projects in Malaysia's three growth locations -- the Klang Valley, Penang island and Johor Baru.
The company has a RM3.8 billion remaining gross development value and unbilled sales from its 230-hectare remaining land bank as at December 31, 2008.
By Bernama
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1 comment:
its one of the nice thing to do of sharing their success...:)
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