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PUTRAJAYA (March 6): IOI Properties Group Bhd (KL:IOIPG) has entered into a strategic collaboration with Affin Bank Bhd (KL:AFFIN) to offer financing solutions aimed at residential and commercial property buyers across IOI Properties’ selected developments in Klang Valley and Johor.
In a press statement issued on Friday, IOI Properties said the partnership will provide buyers with greater access to financing tools, including the AFFIN Home Reno/-i and Flexi Save/-i solutions, which are available for selected properties within the group’s townships.
The developer said the collaboration supports homebuyers seeking financial flexibility to purchase and personalise residential properties, while commercial buyers can access a fully flexible financing tool without a lock-in period for selected commercial assets.
The townships involved include IOI Resort City in Putrajaya, 16 Sierra in Puchong South, Bandar Puchong Jaya, Bandar Puteri Puchong, Warisan Puteri in Sepang, Senna Puteri in Salak Tinggi, and Bandar Putra Kulai in Johor.
“We are pleased to partner with Affin Bank to give our valued residential and commercial property buyers better access to the tools they need to secure their dream home and business address with IOI Properties Group. These financing tools will provide greater financial flexibility to build a shared future of success in our well-planned and well-connected townships with confidence,” said IOI Properties group chief operating officer for property development (Malaysia) Teh Chin Guan in the statement.
Meanwhile, Affin Bank president and group CEO Datuk Wan Razly Abdullah said the bank aims to support homeowners and investors with financing solutions designed to provide greater flexibility.
“Our goal with the AFFIN Home Reno/-i and Flexi Save/-i financing solutions is to empower homeowners to create their ideal living space with greater peace of mind, and for investors to invest in a business address with greater flexibility. We are delighted to have IOI Properties join us in this vision,” said Wan Razly.
He said AFFIN Home Reno/-i combines a home loan and renovation financing into a single package with a margin of up to 120%, enabling homeowners to plan interior works from the outset.
Wan Razly added that AFFIN Flexi Save/-i allows borrowers to offset financing balances against deposit savings, which may reduce interest or profit payments while offering additional flexibility.
IOI Properties said the financing solutions apply to several residential developments, including Arawani in Bandar Puteri Bangi, Aster in 16 Sierra, 2Rio Residences in Bandar Puteri Puchong, GEMS Residences in IOI Resort City, and Sonatia 3 in Bandar Putra Kulai.
Selected commercial developments under the collaboration include The Cube Plus in Bandar Puteri Puchong, Davallia in Bandar Puteri Bangi and Senna Square in Senna Puteri, Salak Tinggi.
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