KUALA LUMPUR: S P Setia Bhd is partnering with Affin Bank Bhd to offer home financing solutions to its homebuyers of selected projects.
In a statement, the developer said the ‘Home Step Fast/i’ now allows S P Setia’s homebuyers, especially first-time buyers and investors to enjoy a better cash flow.
It offers the flexibility of low monthly repayments for the first five years from vacant possession.
S P Setia said through the campaign, homebuyers who require access to emergency funds can opt to convert their loan into a savings scheme.
With ‘Home Step Fast/i’, homebuyers will receive a margin of financing of up to 90% with an additional 5% allocated for home loan insurances (MRTA, MRTT, MLTT or CLTA), legal and documentation fees, as well as stamping and valuation fees.
The loan tenure is spread up to 30 years or until 70 years of age with no lock-in period or early settlement fee required.
S P Setia’s participating properties of the ‘Home Step Fast/i’ campaign in the Klang Valley are Setia AlamImpian, Bandar Kinrara, Setia Alam, Setia Alamsari, and Setia EcoHill. Johor participating properties include Setia Tropika, Setia Eco Gardens, Bukit Indah and Setia Sky 88.