18 October, 2019

Projects

You pay almost nothing when you sign up for an M Arisa home

Unless you’re born into wealth, adulthood carries with it many financial challenges – rising cost of living, unending bills to pay and necessary purchases to make. That’s why for many young working adults, especially those in urban areas, buying their first property is just a dream.

Mah Sing is turning this dream into reality with its launch of M Arisa, a contemporary condo replete with all the modern conveniences and located just 5km from the Kuala Lumpur city centre.

M Arisa Mah Sing

Priced from only RM299,000 for a 550-sq. ft cosy pad, this strategically-located condo in a mature neighbourhood is now a dream possible for young working adults to own their first home. This dream is even more realisable with the Government’s Home Ownership Campaign (HOC) that’s all out to help young working adults own their first home.

And for those looking at upgrading to bigger units without having to bust their bank account, M Arisa offers the perfect solution too, with several sizes of generous built-ups up to 1,008 sq. ft at affordable prices to meet your various needs and budgets. But more important than size are the meticulous designs that maximise every square inch of the place.

Financial assistance till year-end

Mah Sing Group Berhad has carefully timed the launch of M Arisa to coincide with the HOC. With its irresistible incentives, the HOC is all out to help the rakyat own properties.

Initially planned to end on 30 June 2019, the Government decided to extend the HOC to 31 December 2019 to help even more people purchase homes.

With the HOC, you’ll enjoy huge savings of at least RM40,000 and up to more than RM70,000, depending on the price of the unit when you buy an M Arisa property. Here are the incentives you’ll enjoy:

  • 10% discount of property price
  • 100% stamp duty exemption on Instrument of Transfer
  • 100% stamp duty exemption on the Instrument of Securing Loan

Let’s do a simple calculation of how much you can save, with these HOC incentives*.

Let’s say your M Arisa property purchase price is RM400,000 and your amount of loan is RM360,000 (90% of purchase price). Here’s what you’ll have to pay with and without the HOC benefits:

DetailsWithout HOCWith HOC
Down Payment(RM400,000 x 10%)RM40,000RM0
Stamp Duty Loan(RM360,000 x 0.5%)RM1,800RM0
Stamp Duty MOT(100,000 x 1% + 300,000 x 2%)RM7,000RM0
Monthly Repayment(4.5% @ 35 years loan)RM1,703.72RM1,703.72
Total Cost RM50,503.72RM1,703.72

The above table speaks for itself. You effectively pay nothing upfront when you buy an M Arisa property. Now, isn’t that a load off your bank account? So, don’t delay. Grab these HOC incentives now before it ends on 31 December 2019.

Book your sweet sanctuary at M Arisa now!

* Example taken from Property Guru

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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.