Buying that first home is one of the biggest financial steps one will ever make. Leading developer Rich Worldwide Sdn Bhd is helping you realise the dream of owning your first home with the construction of another 68 units of affordable double storey terrace housing.

Construction work on Taman Jati Phase Two is underway and completion is forecasted ahead of the scheduled 24 months completion date, Rich Worldwide Sdn Bhd managing director Datuk Victor Wong Chet Sing said on Thursday. Also present at the media conference was Rich Worldwide Sdn Bhd chairman Datuk Kong Kwok Wah.

"With a gross built-up area from 1,258 square feet and priced from RM 316,350 to RM 423,000, we build affordable double storey terrace houses which are designed for the mid-income group and newly married couple" Wong said. The spacious master bedroom with attached bathroom offers a luxurious modern lifestyle while the concrete car porch with 5 ½ feet brick cement partition will offer more privacy for each unit, Wong said.

"The covered car porch is 272 square feet meant for two cars (one big and one small)" Wong added.

Taman Jati is surrounded by primary and secondary schools, Gentingmas Supermarket, Wangi Market, Sejati Walk, and the soon to be Mydin Hypermarket, as well as government institutions.

"There's easy accessibility to the Northern Link Road and other suburban townships, while Sandakan Airport is only five-minutes-drive away" Wong said.

Wong said the first 20 persons to place their booking for a Phase Two terrace house are entitled to the early bird special cash discount of RM5,000 once they sign the S&P Agreement. The 10 per cent down payment is also payable by instalments for eligible buyers, subject to arrangement.

Another option for first-home-owners to consider is the Bank Simpanan Nasional (BSN) Youth Housing Scheme which provides up to 100 per cent financing for eligible applicants.

The scheme is exclusively for married youth aged 25 to 40 years old who are purchasing their first property, with a household income not exceeding RM10,000 per month, with MRTA/MRTT financing up to 5 per cent of the purchase price, Wong said.

For applicants who are single, monthly income must exceed RM3,000, according to Wong.

Malaysians who are buying their first home can apply for the Government's First Home Deposit Funding Scheme (MyDeposit) which offers a 10 per cent incentive on the sale price or a maximum of RM30,000, whichever is lower.

The response for Phase One was overwhelming with all 115 units sold. One of the advantages for Taman Jati house owners is they will receive their Occupancy Certificate and Title Deed during the handing over of house keys. "30 per cent of the development is reserved for Bumiputera with 5 per cent discount" Wong added.

Those interested in owning an affordable double storey terrace house at Taman Jati Phase Two can visit the show house unit from 10am to 5pm, July 29-30.