As the cost of living increases, owning a home can seem like a faraway dream for many Malaysians
One of the biggest challenges that purchasers face, especially first-time buyers, is coming up with the 10% downpayment for their dream homes.
In light of this, S P Setia is partnering with Maybank to provide Malaysians with a new housing scheme called FlexKey
The alternative financing scheme features an enhanced mechanism that allows lower income groups and first time buyers to own their dream homes.
Through FlexKey, you’re able to enjoy the flexibility of converting a part of rentals paid into a downpayment towards purchasing an S P Setia home at a locked-in price.
The great thing about FlexKey is that you get to select your perfect home from newly launched properties, rather than being limited to completed units subject to availability
The FlexKey scheme is available for over 20 residential projects by S P Setia in Klang Valley, Penang, and Johor, making it perfect for first-time buyers and upgraders.
It's available now, so take advantage of the scheme and get your dream home without worrying about high upfront costs.
1. You get to select prime units at the launch
This is the only housing scheme that allows you more choices to pick your dream home, including those from preferred locations from newly launched properties.
2. There is zero upfront payment
You don't have to worry about coming up with a huge 10% downpayment. With FlexKey, you only have to put down a 3-month refundable rental deposit.
3. No payment during construction
One of the biggest concerns people have is having to start making payments while their homes are still under construction as it can be quite a financial burden. Now there is no payment during construction, giving you more savings!
4. Rent until you can afford to buy
You have up to five years to decide if you want to buy the property you are renting. That means more time to not only think about it, but live in it, enjoy the amenities and facilities, and make an informed decision about your future.
5. Secure the price of your property
Protect your pocket from inflation and lock-in the price on the spot. So if you decide to purchase your home in five years time or less, you only have to pay the price it is today.
FlexKey is applicable to selected new project launches only for S P Setia within Klang Valley, Johor and Penang. Check out some of the participating projects:
Zeyheri, Setia Alam These modern and beautiful freehold homes include a column-free car porch, and are nestled among nature, providing a stunning natural setting with extensive facilities.
Baccas, Setia EcoHill: Featuring a spacious 4-bedroom design, these new homes are surrounded by natural parkland in a guarded community.
Setia Seraya Residences, Putrajaya: Luxury freehold residences that optimise comfort and convenience with modern elegance. Enjoy the spacious layout design in this low density area.
Bandar Kinrara, Puchong: This highly sought-after township includes beautiful double-storey terraces and semi-detached homes.
Setia Eco Gardens, Johor: Spacious double-storey eco homes nestled in the award-winning township within Iskandar Johor.
Setia Sky Ville, Penang: Located in the heart of Jelutong, these 33-storey twin towers are the latest statement of modernity. It's the perfect choice for those seeking a contemporary lifestyle in a truly desirable address.
Ready to finally own your dream home?