Differential sum loan scheme helps buyers secure sufficient financing while enjoying low interest and flexible repayment tenure.
(From second right) Khor Chap Jen and deputy president and chief operating officer Datuk Wong Tuck Wai at the launch of Setia “S.E.A.L” Campaign.
By Yoganeswari Vellusamy
PETALING JAYA : To solve the difficulties of securing a loan for the homebuyers, SP Setia today launched its Setia Express Advance Loan (SEAL).
SEAL is a differential sum loan scheme that offers interest rates as low as 5.5% per annum and up to 30% of the intended property purchase price.
The scheme enables eligible purchasers of completed SP Setia properties to bridge the financing gap between the purchase price and the purchaser’s end financing loan amount. This provides them with a convenient and hassle-free solution while buyers can confidently secure their desired dream home.
Placing the importance of the consumers, SEAL offers a 36-month repayment period and no penalty charges will be imposed upon buyers should they choose to settle their amounts earlier.
The SEAL campaign represents another milestone innovative move by SP Setia in response to the current soft property market challenges.
“Being unable to secure sufficient margin of financing is often akin to not securing financing at all as the net effect is largely the same. Buyers will be stuck.
“SEAL helps buyers bridge this gap while providing them with a measure of comfort and assurance,” said SP Setia Bhd chief executive officer and president Datuk CJ Khor.
He said the scheme is not only useful for first-time buyers but also those who wish to upgrade to a new home but need some time to sell off their current property.
For more information, contact 1-300-13-2255 or walk into any of SP Setia sales gallery nearby.
Follow us on Wechat or Facebook for the latest updates.
Download StarProperty.my e-Mag(bit.ly/StarProperty_Emag) for more articles.
Want to contribute articles to StarProperty.my? Email editor@starproperty.my.
[slider id='81590' name='StarProperty' size='full']
