CEO Morning Brief

Masteron Group Collaborates With Maybank, the Makeover Guys to Provide Home Financing, Furnishing Packages

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Publish date: Tue, 10 Sep 2024, 09:41 AM
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TheEdge CEO Morning Brief
From left: Masteron Group executive director Datuk Choy Wai Hin, Maybank executive VP and head of mortgage Tracy Pan, The Makeover Guys CEO and founder Gavin Liew, and Masteron Group managing director Datuk Choy Wai Ceong at the event commemorating the partnership (Photo by Masteron Group)

KUALA LUMPUR (Sept 9): Property developer Masteron Group has partnered with Malayan Banking Bhd (KL:MAYBANK) and local home renovator The Makeover Guys to offer a complete homeownership solution for prospective homebuyers of Astra at Aurora Residence in Puchong Prima, Selangor.

In a media statement on Monday, Masteron Group director Choy Kin Mann said: “It's really important to us to create a one-stop shop for first-time homeowners. With 80% of our customers at Astra at Aurora Residence buying for own-stay, we wanted to provide them comfort and support. Now, we can do exactly that, covering them from property purchase to financing and interior design."

The developer said prospective homebuyers will have access to both home ownership and home customisation financing under Maybank's MyDeco financing which provides up to 120% of the property value, including an additional 30% on top of existing financing, or a maximum of RM250,000, whichever is lower. The financing is disbursed progressively over a 12-month period — with a repayment period of up to 10 years or until the age of 70, whichever comes first.

Maybank head of mortgage Tracy Pan said the collaboration is a testament to the bank's commitment to putting customers first and providing comprehensive solutions that meet their evolving needs.

Additionally, customers can choose from a selection of furnishing packages provided by The Makeover Guys, worth up to RM45,000.

"Our available selection of base templates has been curated to serve as a helpful starting point for homeowners, easing them into the design process with plenty of room for future growth," said The Makeover Guys chief executive officer Gavin Liew.

Source: TheEdge - 10 Sep 2024

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