Chin Hin Group Property Berhad (CHGP) has partnered with AFFIN BANK to offer home financing solutions that provide home buyers with the flexibility of low monthly repayments by only servicing the interest for the first five years of their homeownership.

Under this home financing solution, home buyers will enjoy a loan margin of up to 90% and an additional 5% allocated for home loan insurance/takaful, legal and documentation fees, as well as stamping and valuation fees. This home financing solution is also applicable for financing and refinancing. It is also suitable for investors and new home buyers who want to reap the benefits of a higher rental yield while preserving their cash flow.

Other key benefits of AFFIN Home Step Fast/i include loan tenure of up to 30 years or until 70 years of age for loan applicants with no lock-in period or early settlement fee. The financing applies to projects that are completed and under construction.

“AFFIN Home Step Fast/i is especially advantageous for young couples starting a family and looking for a wholesome home, as well as young professionals building their careers. The repayment flexibility allows them to manage their cash flow while strengthening their financial capacity in the next five years without compromising their hope of owning their own home,” said CHGP’s Marketing & Sales General Manager, Tan Zijin.

The first two property projects to enjoy the smart mortgage plan by AFFIN BANK will be Ayanna Resort Residences and Quaver Residence. Ayanna Resort Residences is CHGP’s latest freehold development strategically located in Bukit Jalil, Kuala Lumpur. Ayanna Resort Residences is designed for young families and upgraders looking for multi-generational homes with resort-style amenities featuring a 1.3-acre recreational park with an interactive stream.

Ayanna Resort Residences features 824 units spread across two blocks, offering a variety of sky semi-d layouts ranging from 1,155 to 2,453 square feet. With 3 to 4 spacious rooms with up to 4 car park bays, each unit is designed to provide ultimate comfort and functionality.

Quaver Residence is a development in Sungai Besi, Kuala Lumpur, comprising retail units and 2 blocks of serviced apartments offering 684 units with built-ups ranging from 1,023 sq ft to 1,701 sq ft, which boast up to 82ft length L-shaped balcony that is convertible to semi-outdoor area for family outdoor entertainmentQuaver Residence is located approximately 700m from S26 Serdang Raya MRT Station,. Pavilion Bukit Jalil, the International Medical University, and Technology Park Malaysia are all within a 5-kilometre radius of Quaver Residences.

This year, CHGP will launch Avantro Residences, which is located at Bandar Kinrara, Kuala Lumpur. The freehold transit-oriented development, which is only 180m walking distance to BK5 LRT Station, comprises a retail hub and two residential towers, with serviced apartment units that come in sizes of 875 sq ft to 1,184 sq ft.