Maria (second from left) and Zamree (second from right) pose with the MoU documents while Azlan (left) and Awang (right) look on.
PETALING JAYA: Property developer Armani Group and Bank Islam Malaysia Bhd (Bank Islam) have signed a Memorandum of Understanding (MoU) to offer homebuyers competitive financing rates for the purchase of Armani Group homes, starting with the recently launched Residensi Armani Kg Baru 1.
“Our partnership with Bank Islam offers one of the most competitive home financing solutions in the market, featuring rates as low as 3.8% per annum for our homebuyers,” said Armani Group group managing director Datuk Seri Azlan Azmi at the MoU signing ceremony.
Residensi Armani Kg Baru 1 is a freehold development built on the Malay Reserve land in Kuala Lumpur. It comprises 387 units in a single tower, with unit sizes of up to 900 sq ft, and prices starting from RM 424,800.
Bank Islam retail banking group chief business officer Mizan Masram said the partnership with Armani Group is a significant step in expanding access to affordable housing.
“Bank Islam remains dedicated to providing comprehensive, customer-centric financing solutions that not only make homeownership more accessible but also cover renovation and furnishing costs, helping homebuyers turn their dream homes into reality,” Mizan said.
Also present were Armani Group chief operating officer Maria Wan Malek, Bank Islam retail banking distribution director Zamree Mohamed and retail banking distribution strategic business relations head Norman Awang.
Stay ahead of the crowd and enjoy fresh insights on real estate, property development, and lifestyle trends when you subscribe to our newsletter and follow us on social media.
