AmBank Group (“AmBank”) and Sime Darby Property Bhd signed a Memorandum of Understanding (“MoU”) to offer homebuyers a new sustainable financing option for the purchase of Sime Darby Property homes.
This partnership will provide a seamless customer experience within the Sime Darby Property’s home purchase journey that will now include a simplified loan application process through its holistic home ownership ecosystem, in addition to driving forward the nation’s green transformation agenda.
As part of its collaboration with property developers who are embarking on digital transformation and reshaping their property developments with environmentally friendly features, AmBank is pleased to offer a special rate pricing to promote these initiatives.
Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group said, “We have observed a growing demand for sustainability-linked financing due to the heightened awareness on combating climate change. We are pleased to work with Sime Darby Property as part of our efforts to offer our customers with green financing options as it furthers complements our goal in driving the Group’s Environmental, Social and Governance (“ESG”) sustainability initiative.”
Sime Darby Property’s Group Managing Director, Dato’ Azmir Merican said that this collaboration extends the company’s digital initiatives to provide homebuyers with a convenient and complete end-to-end property buying experience. “We are one of the few, if not the only, property developer that is able to give a full end-to-end digital and online sales experience for its customers. Our in-house innovations such as the Online Booking System and Virtual Sales Gallery with a dedicated internal consultation team have provided significant convenience for homebuyers to view, register, select their dream homes, and complete payments online. This collaboration perfectly complements and completes the ecosystem,” said Dato’ Azmir.
Beyond homes, AmBank is also collaborating with Sime Darby Property to provide financing to end-buyers for industrial products located in Elmina Business Park, offering up to 200% Margin of Advance (“MoA”) for Small and Medium Enterprises.
