Tropicana & Maybank Form Partnership Providing Up To 120% Home Financing
PETALING JAYA – Tropicana Corporation Berhad (“Tropicana” or “The Group”) always looks out for innovative financial programs for its property buyers, and today, the Group has signed with Maybank MyDeco, providing financial liquidity to property buyers without compromising their financial stability. This home financing solution provides Tropicana homeowners with the flexibility to seamlessly integrate Maybank MyDeco Financing with their existing Maybank housing loan with an additional 30% margin of finance or up to a combined total of 120% of property value or up to RM250,000, whichever is lower. Participating in this first-of-its-kind Maybank MyDeco financing scheme are highly sought-after Tropicana signature developments such as Tropicana Aman, Tropicana Alam, Tropicana Gardens and Tropicana Metropark.
Ixora Ang, Managing Director, Marketing & Sales and Business Development of Tropicana, shared more on this innovative partnership. “Building townships since 1979, we understand each homeowner has their unique aspirations when envisioning the home of their dreams. With the current economic landscape, we acknowledge the challenges faced by property purchasers wanting to own their dream home without compromising their financial freedom. Partnering with Maybank MyDeco is the perfect fit for us as it provides a good financial stretch to our buyers. The Maybank MyDeco financing scheme provides the financial liquidity for potential Tropicana homebuyers to fund their desired interior design, furnishing, fittings, aesthetics, decorations and more. Aligned with our mantra of redefining the art of living, we always strive to provide innovative financing solutions and timeless quality homes.”
This first-of-its-kind Maybank MyDeco financial scheme began in 2023. This facility is available as a Conventional Loan or Islamic Financing for existing Maybank and Maybank Islamic Home Financing customers.
Margin of Finance
An additional 30% financing on top of your existing Home Financing, OR
A total combined financing of up to 120% of the property purchase price, OR
A maximum of RM250,000, whichever option is lower, in a separate account to finance the interior design expenses
The home financing portion is fully disbursed with an up-to-date payment record; after which, financing for decoration is disbursed progressively over a 12-month period.
Financing Tenure
Up to 10 years
Effective Interest/Profit Rate*
As low as 4.40% p.a (SBR + 1.40% p.a)
*The Bank’s Standardised Base Rate (SBR) may be varied from time to time, pursuant to changes in Bank Negara Malaysia’s Overnight Policy Rate (OPR).
All Tropicana homebuyers also get to enjoy our current FL45H Deals campaign with RM4,500,000 worth of total bonus rewards. The five developments involved include Tropicana Alam, Tropicana Metropark, Tropicana Gardens, Tropicana WindCity and Tropicana Aman. This campaign offers appealing SPA signing incentives valued at more than RM45,000, 450 pieces of 24k gold coins to be given away, stamp duties to be absorbed by the developer, and furnishing packages. Other rewards include a prize giveaway upon the signing of the SPA with winnings such as home electronics and small gadgets. Potential buyers will enjoy 100% financing with this attractive package as home financing solutions and legal fees will be provided complimentary.
To begin your home financing privileges with Tropicana and Maybank MyDeco, please visit MyDeco Financing | Maybank Malaysia (maybank2u.com.my). To learn about the FL45H Deals campaign, visit Tropicana FL45H Deals (tropicanacorp.com.my).
