22 November, 2020

Property Guides

Kuchai Lama, or old Kuchai as the name translates, is a matured suburb located off the infamous Old Klang Road in Kuala Lumpur. The residential neighbourhood consists of a mix between old and new, offering a relatively modern perspective while maintaining its cultural traits; NSK Supermarket remains as the renowned landmark when one mentions Kuchai Lama.

The scarcity of land especially within city centre has caused even older fringe towns such as Kuchai Lama to also experience exponential price increase even among the older houses as homebuyers and investors alike cast their net around the area. Due to this, the area that was initially known to be relatively affordable is now beyond the reach of many. In addition to that, condos in Kuchai Lama are also seeing another round of boom as property developers continue to focus on that area, primarily due to its close proximity to the city centre.

With affordability being the primary consideration for many homebuyers, some property developers have launched various campaigns to make property purchasing experience smoother. Buying a property in Kuchai Lama now becomes a more attainable aspiration.

kuchai lama new property

Mah Sing Group

Well regarded throughout Malaysia as one of the leading property developers, Mah Sing Group is backed by a vast 26 years of history and a proven track record in meeting and sometimes even exceeding property buyers’ expectations. Their latest campaign, known as “Eazy To Own”, enables a much “Eazier” homeownership process, no pun intended.

Eazy To Own

Eazy To Own is a rent-to-own scheme that offers buyers greater flexibility and cash flow efficiency. It is uniquely tailored for those who aspire to be a house owner but are unable to do so due to the relatively higher initial cost. If you are looking for a new house in Kuchai Lama, check out some of Mah Sing’s properties such as M Oscar which is featured in the campaign.

Here are some reasons why you should consider the Eazy To Own campaign:

  • Low Entry Payments

    • The initial payment is always the primary hurdle that deterred many homebuyers from their dream home. Now with Eazy To Own, you only need to fork out 1% deposit and nothing more to secure your dream house.
  • No Payments During Construction

    • You only have to service your loan upon the completion of the project after vacant possession.
  • Attractive Financing Plan

    • Mah Sing’s Eazy To Own campaign is done in collaboration with Maybank’s HouzKEY home financing solution, this means that buyers will have one less thing to worry about in terms of financing as home buyers will be able to enjoy low monthly payments with up to 90% financing.
  • Instant Price Lock-In

    • Buyers are able to lock in today’s purchasing price and keep the price for up to 5 years, upon which they are able to decide to buy later at the locked-in price during the 5 year period. Buyers sitting on the fence after all the aforementioned enticing offers may find this to be the clincher.

Did we mention that in conjunction with the Home Ownership Campaign (HOC) that will be ongoing until 2021, buyers stand to enjoy additional financial incentives such as full stamp duty exemption on MOT and Loan Agreement depending on the price range of your desired house? Do note that HOC is only available for newly launched projects but fret not, Mah Sing’s new launches will surely be able to meet your requirements.

Capitalizing on their track record on delivering fully integrated developments with residential, commercial, hospitality and industrial developments, Mah Sing delivers a holistic living environment for home buyers.

For buyers that are still contemplating their purchases, waste no more time as the combo of Eazy To Own + HOC is an opportunity that only comes once in a blue moon, head over to https://www.mahsing.com.my/eazy-to-own/ to learn more.

Related Article: Getting a New Condo in Kuchai Lama. Is It Still Worth It?

Citations:

https://www.nst.com.my/property/2018/10/420083/kuchai-lama-%E2%80%94-latest-hotspot 

https://www.propertyguru.com.my/property-guides/should-you-buy-a-home-ownership-campaign-hoc-project-pros-and-cons-30905

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Admiral (R) Tan Sri Dato' Seri Abu Bakar Bin Abdul Jamal

Chairman/Independent Non-Executive Director

NATIONALITY: Malaysian

DATE OF APPOINTMENT: 1 August 2023

ACADEMIC / PROFESSIONAL QUALIFICATION(S)

Admiral (R) Tan Sri Dato’ Seri Abu Bakar Bin Abdul Jamal was the 10th Chief and the first four-star Admiral of the Royal Malaysian Navy. Admiral (R) Tan Sri Abu Bakar served the Royal Malaysian Navy for almost 40 years both at the staff and command levels culminating in the highest office of The Chief of Navy from 1998 to 2002.

Admiral (R) Tan Sri Abu Bakar was the former Chairman of Affin Fund Management Berhad and also the former Chairman of several companies covering diverse industries post his retirement including naval and marine, property development, construction and automative. He was also a former Board member of Lembaga Tabung Angkatan Tentera (Armed Forces Fund Board).

In recognition of his services not only to Malaysia but also towards promoting international and regional understanding and peace, Admiral (R) Tan Sri Abu Bakar was bestowed the Panglima Setia Mahkota award carrying the title Tan Sri. In addition, he also received international recognition in the form of the following awards:

  1. Bintang Jalasena Utama by Indonesian President Abdul Rahman Wahid on 28 August 2000
  2. Legion of Merit by United States President Bill Clinton on 6 October 2000
  3. Knight Grand Cross of the Most Noble Order of the Kingdom of Thailand by His Majesty King Bhumibol Adulyadej R on 24 February BE2544 (Gregorian 2001)
  4. Legion d’ Honneur by President of France, Jacques Chirac on 17 June 2001

There is no family relationship between him and any director and/or major shareholder of the Company.