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Project Financing

Purpose

• To assist in financing the purchase of the project land and/or to redeem the project land from the existing chargee.

Type of Facility

Term Loan

• To part finance the purchase of the project land.
• To redeem the project land from the existing chargee.

Financial Guarantee

• In favor of Kementerian Perumahan dan Kerajaan Tempatan (KPKT) for developer's license.
• To guarantee the landowner's entitlement in a joint-venture development.

Bridging Loan

• To part finance the development costs of the project including premiums, preliminaries, infrastructure and building construction costs.

Eligibility

• Property developer with a proven track records.
• Projects in a strategic locations.
• Projects with a good viability and feasibility
• Preference is given to projects with planning approval obtained.
• Priority is given for the development of residential and commercial project.