Image from: Myra

Homeownership is an aim that many Malaysians aspire for as it is one life’s achievement that you can be proud of. But it isn't as easy as it sounds to purchase a house. It requires your life’s savings that go to the downpayment and other hidden costs that come with purchasing a house. Pioneering developer Myra, seeing and hearing the plight of the market, believes that homeownership should not be as difficult and overwhelming as it is at present. Therefore taking steps to help prospective homeowners with their home buying journey.

Maybank Islamic introduced HouzKEY, a home financing solution to assist first-time homebuyers who are unable to purchase their dream home due to the high upfront costs incurred when purchasing a home. First-timers will get 100% financing and will also be able to enjoy the lowest monthly payment.

With that knowledge and understanding of what the market is looking for, Myra has collaborated with Maybank Islamic’s HouzKEY for alternative homeownership solutions that first-timers can take further advantage of.

“One of the main issues in becoming a homeowner is the high entry costs and loan affordability that homeownership requires. With HouzKEY, families would be able to land a home of their own without having to fork out the 10% down-payment of the home’s price, making homeownership a whole lot easier for many Malaysians,” said Wendy, General Manager of Sales and Marketing of Myra.

Managing Director of Maybank's Real Estate Venture, Sally Lye Saw Im said "HouzKEY provides Malaysians with the opportunity to own their dream home by offering 100% financing and zero payments during the construction period. We understand the challenges and obstacles homebuyers have faced in the past. Being at the heart of the community, we hope the introduction of HouzKEY can be the solution for Malaysians in their journey to own a home."

Myra’s first township development, Myra Saujana, will be the project in partnership with Maybank Islamic HouzKEY. Located in Sungai Merab just 10 minutes away from Putrajaya, Myra Saujana comprise both double-storey Superlink and double-storey Semi-D homes.

Image from: Myra

Both types of homes have en-suite bathrooms for each individual room on the first floor, granting residents better privacy. The kitchen area of the Superlink homes is fully extended all the way to the rear, allowing homeowners to save costs and not having to go through the hassle of renovating it, which is ideal for HouzKEY homeowners as they will be able to utilize their entire home fully without making any changes that their lifestyle would require.

The built-up of the Superlink homes ranges between 2,338 - 2,370 sf, coming with a price tag of only RM698,000 or an estimate monthly payment of RM1,500 a month, an amount that is considerably more affordable than a loan instalment of RM2,489 a month.

Additionally, interested HouzKEY homeowners who are looking for a larger landed home for their family would find the Semi-Ds in Myra Saujana an ideal choice. The Semi-D comes with an extra land at the back and side of the property, as well as ample bedroom space that caters to large families perfectly with just an affordable monthly payment of RM2,230 a month as compared to its mortgage instalment of RM4,080 a month as the price of the Semi-D begins at RM1,030,000.

Location convenience is another feature for HouzKEY homeowners who are living in Myra Saujana. With the short distance to Putrajaya, the main target market that Myra Saujana aims for is the government personnel who work there. Furthermore, there are various amenities available nearby as the township is located strategically in between Putrajaya, Bandar Baru Bangi, Kajang, and Dengkil. “Myra Saujana is a great township for the collaboration with HouzKEY as it offers many features, mainly the accessibility to neighbouring major towns and different home types with various land sizes for homebuyers that will suit their lifestyle’s needs,” said Wendy Lim. 

(15 October 2020)