Malton Berhad (Malton) recently signed a Memorandum of Understanding (MOU) with Alliance Bank (M) Bhd, in a move that will benefit homebuyers of River Park, a green-certified project. The Green Mortgage Financing Package is the bank’s innovative offering to encourage and support the development of sustainable communities, as outlined in the Government’s 12th Malaysia Plan.
The sustainable financing option features lower interest rates and a faster turnaround time for end-financing. The immediate beneficiaries of this collaboration will be the homebuyers of the newly-launched River Park, Bangsar South in Kuala Lumpur.
Offering unparalleled connectivity and convenience, schools, medical institutions and retail hubs are within a close 10km radius to River Park. With a well-developed infrastructure in place, Angkasapuri KTM station is only 300m away and just one stop from Mid Valley City whereby one can also take a train to KL Sentral, connecting you to the rest of Klang Valley and even KLIA.
The proposed MRT3 Circle Line is set to further enhance the mobility and connectivity of those living at River Park and working in the city centre as it enables them to get to work without needing a car, hence saving time, more cost-effective, and less stressful compared to driving on the road. This proximity and easy access to public transportation translates into a significant reduction of the carbon footprint which is in line with Malton’s sustainability journey.
Going the extra mile, Malton has also invested RM10 million to upgrade the surrounding infrastructure by building direct access from NPE-Federal Highway Link to connect to River Park residences exclusively – a value-adding effort to improve accessibility.
In line with Malton’s efforts to reduce impact of urbanisation on the environment, the Group endeavours to achieve a minimum benchmark for its future developments, notably Mutiara Lake Puchong and The Park 3 at Bukit Jalil City.
Comprising 1,332 units across 3 towers, the development offers a variety of 2 and 3-bedroom layouts ranging from 812 sq ft to 1180 sq ft, with an estimated gross development value of RM1 billion. River Park is slated for completion in 2026.
