Wednesday 12 Feb 2025
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KUALA LUMPUR (Jan 24): TH Properties and Affin Bank Bhd (KL:AFFIN) have entered into a strategic partnership to introduce flexible home financing solutions aimed at young homebuyers and property investors.

The collaboration was formalised on Thursday with a signing ceremony, underscoring the shared commitment of both organisations to address housing affordability concerns in Malaysia. The financing solutions are tailored for fresh graduates, first-time homebuyers, and women seeking financial independence through property ownership.

In a press statement issued on Friday, TH Properties group chief executive officer Mohd Ismadi Ishak said that the partnership goes beyond financial assistance by providing long-term value to buyers. “At TH Properties, we strive to make homeownership a reality for Malaysians, offering homes that resonate with their lifestyles and long-term vision.”

Under the partnership, Affin Bank offers its AFFIN Home Step Fast/-i, a shariah-compliant financing solution that provides lower upfront costs and flexible payment options. Additionally, the Affinita Home Financing Program caters specifically to women, offering financing above RM500,000 through AFFIN INVIKTA™ Premier Banking, along with exclusive benefits from nearly 100 partner merchants.

“We are delighted to partner with TH Properties to empower more Malaysians on their journey towards homeownership. With innovative financing solutions such as the AFFIN Home Step Fast/-i and the Affinita Home Financing Program, we aim to provide flexible and tailored options for young professionals, property investors, and a broader range of homebuyers,” said Affin Bank’s group community banking executive director Mohammad Fairuz Mohd Radi in the statement.

The partnership initially covers properties in TH Properties’ flagship development, Kota Semarak in Kuala Lumpur, with plans to expand to Bandar Enstek in Negeri Sembilan and Warisan Puteri 2 in Sepang, Selangor. These developments are known for their strategic locations and diverse housing options.

By offering accessible financing, TH Properties and Affin Bank aim to position homeownership as a viable investment for Malaysians, supporting both personal financial stability and long-term economic growth.

Edited ByRachel Chew
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