Mah Sing too offers attractive financing scheme

Mah Sing Group Bhd yesterday announced a financing programme for its residential and commercial properties, which will run from Jan 21, 2009 to March 31, 2009.

Mah Sing said the scheme would allow buyers to own their dream home by paying just 5% of the purchase price and nothing else until completion of the property. For commercial projects, buyers only need to pay their downpayment to enjoy no further payments until completion of the property.

“This is similar to a New Year angpow for our purchasers, as we believe there are still buyers looking for good properties in prime locations for their own stay or investment,” said its group managing director cum group chief executive Datuk Seri Leong Hoy Kum.

He said the group currently had 16 projects in key property hotspots in Kuala Lumpur, Klang Valley, Johor Bahru and Penang island. Leong said due to their pre-planning and pre-construction, the group had RM282 million pre-constructed projects locked in at pre-material price increase.

As a sweetener, Mah Sing group will absorb the legal fees for the sale and purchase agreement, loan documentation and memorandum of transfer for selected properties. - The Edge Daily

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