KUALA LUMPUR: Gamuda Land, the property arm of Gamuda Bhd, and Public Bank Bhd have launched a financing package offering up to 120 per cent coverage for home loans, renovations and appliance purchases.
In a joint statement, they said the package is exclusively available for Gamuda Land's The Clove development.
The offering features interest rates from as low as 3.3 per cent annually for the first year of the home loan.
Additionally, renovation and appliance financing is available at an attractive rate of 4.30 per cent annually, the lowest of its kind in Malaysia.
It also features a loan tenure of up to 35 years.
"Our collaboration with Public Bank underscores our commitment to delivering not only sustainable and thoughtfully designed homes but also innovative financial solutions that simplify the journey to homeownership.
"By forming long-standing partnerships with impactful organisations like Public Bank, we are able to collaboratively create solutions that empower Malaysians to own and customise their homes with greater ease," Gamuda Land chief executive officer Chu Wai Lune said.