Tropicana partnered with Affin Bank to tackle home financing with the Home Step Fast/i campaign. A lifestyle ownership initiative targeted at first-time homebuyers, young families and property investors, the Home Step Fast/i campaign allows homebuyers to own their dream home with lower monthly instalments while enjoying greater cash flow for five years after vacant possession.

The initiative comes amid improving market sentiment with home loan applications on the rise. Joanne Lee, Senior Managing Director, Marketing & Sales of Tropicana shared more on the partnership and the Group’s wider strategy supporting the national home agenda.

“According to Bank Negara Malaysia data, market sentiment is positive with total loans applied for property purchases up 9.2% year-on-year to RM28.6 billion in February and a relatively low overnight policy rate of 2.00%. Tropicana’s collaboration with Affin Bank is timely with this rise in demand and conducive environment, as the Home Step Fast/i campaign reduces upfront payment obligations, easing the home ownership journey especially for young purchasers and families. The campaign delivers homebuyers peace of mind by enabling them to enjoy greater cash flow. This can be utilised on post-vacant possession expenses such as stamp duty and renovation costs or can be saved for other expenses while starting their families, careers or businesses. This collaboration with Affin Bank is representative of the Group’s focus on smart partnerships and innovative solutions as it continues Redefining the Art of Living,” she said.

The Home Step Fast/i campaign offers ultimate flexibility with no lock-in period or early settlement fees and is available as both a conventional and Islamic financing solution. The initiative also offers redraw facilities for excess payments, as well as a comprehensive suite of coverage plans such as mortgage reducing term assurance (“MRTA”), fire insurance and householder insurance.

The Home Step Fast/i campaign is available for all completed and under construction Tropicana residential properties under the Housing Development Act 1996 worth RM500,000 and above. These include Aman 1 and Hana Residences in Tropicana Aman, the Group’s largest 863 acres township in Kota Kemuning; Edelweiss Serviced Residences in Tropicana Gardens, its award-winning integrated and transit-oriented development in Tropicana Indah, Petaling Jaya; Paisley Serviced Residences & SouthPlace Serviced Residences in Tropicana Metropark, Subang Jaya with a direct connection to the Federal Highway; and Assana Serviced Suites, part of the Tropicana Cenang mixed development on Pantai Cenang, Langkawi’s most vibrant beachfront.

Interested home seekers can visit tropicanacorp.com.my to learn more about Tropicana’s exciting range of homes.