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Boustead Properties & Maybank Islamic Unite On Potential Homeowner Financing Solution, HouzKEY


Photo Credit: Boustead Properties

Boustead Properties has entered into a partnership with Maybank Islamic which will see the two present potential homeowners with another financing solution to rely on. The HouzKEY programme is a self-service solution for homebuyers who wish to view developer property units and apply home financing from the comfort of their own home.


According to a statement from the property developer, Boustead Properties homeowners can take advantage of HouzKEY’s 100% financing minus the need for down payments and with low monthly payments because of its competitive home financing rates. There will also be zero payments required during the project construction period.


Commenting on this, Boustead Properties Berhad Chief Operating Officer Eason Phan said that the company is cognisant of the impact of the pandemic on homeownership and firmly believes this partnership is the right move to enable more potential homeowners to successfully buy a house thanks to the HouzKEY programme.


“Not only can these buyers now have a property that will fulfil the multifaceted needs of a home in current times, with HouzKEY, they will be better equipped to fulfil their financing obligations over the long term. Ultimately, this will also allow younger buyers to finally attain their dream home,” he said.


Sally Lye, Managing Director of Maybank’s Real Estate Ventures also praised the collaboration and the benefits of HouzKEY to new homeowners. “Maybank Islamic is excited to collaborate with Boustead Properties and we believe that customers will benefit from HouzKEY’s interesting financing option which include 100% financing, zero down payment and one of the lowest monthly payments in town.”


“We offer a digital ecosystem that focuses on solutions to speed up and simplify the home financing application, making the process more seamless for our potential customers.”


This option is currently being offered for projects such as Mutiara Hills in Semenyih, One Cochrane Residences in Kuala Lumpur, and Mutiara Rini in Johor.

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