IOI Properties partners with RHB Bank to offer Home and Renovation Loan and Green Residential Property Financing
(From left) IOIPG group chief operating officer Teh Chin Guan and Ng at the launch of the Home and Renovation Loan and Green Residential Property Financing programmes.
PUTRAJAYA: IOI Properties Group Bhd (IOIPG) joined hands with RHB Banking Group to launch Home and Renovation Loan and Green Residential Property Financing for eligible residential properties across IOIPG's property portfolio.
The strategic partnership underscores IOIPG and RHB's dedication to supporting homeownership, while streamlining the move-in experience and promoting sustainable development approaches in the country.
'We are honoured to work with RHB in developing innovative financing solutions across our portfolio,' said IOIPG group sales, marketing and branding head Nicole Lee Chee Yiing.
'As part of this milestone collaboration, we are proud to offer Home and Renovation Loan for selected residential properties, to help smooth out the home ownership journey for buyers.
'Through RHB Full Flexi Home and Renovation Loan, homebuyers will be given access to obtain financing packages of up to 90% + 30% loan/financing margins for selected residential properties.'
Lee added: 'The additional 30% loan/financing margin aims to assist eligible homebuyers in covering renovation costs at attractive overall Home and Renovation Loan rates.
'The Renovation Loan/Financing will be disbursed directly to the buyers in stages based on renovation progress.
'We hope that through this financial solution in partnership with RHB, we will be able to help reduce the financing burden for buyers upon vacant possession, addressing this common pain point among home seekers.'
Under RHB Green Residential Property Financing, home purchasers can opt for loan margins up to 95% (inclusive of entry cost financing), with an additional five per cent to finance Mortgage Reducing Term Assurance (MRTA)/Mortgage Reducting Term Takaful (MRTT) coverage.
Properties with Green Building Index (GBI), GreenRE or Leadership in Energy and Environmental Design (LEED) certification are eligible under the campaign.
IOIPG's collaboration with RHB in the Green Residential Property Financing campaign aligns with the group's overall IOI Sustain Roadmap 2030, specifically its strategic focus on addressing climate change by reducing carbon footprint as it continues to develop sustainable communities, among other initiatives.
Sustainability has been part of IOIPG's development approach since launch, advocating for the conservation of the environment for a sustainable future.
Aside from green-certified commercial and residential projects such as IOI City Mall and IOI City Towers 1 and 2 in IOI Resort City, as well as COVO, its first transit-oriented development in 16 Sierra, Puchong South, the group also organises frequent public engagement and awareness events such as its Waste to Treasure recycling campaign, IOIPG City Nature Challenge, Earth Hour and biodiversity walks, among others.
'More and more, investors, homeowners and upgraders are not just looking for properties, but responsible investments that take into account the needs of future generation.
'We are here to address this market gap for sustainable homes, as your trusted property partner,' added Lee.
'Today's homebuyers seek more than just financing, they want flexibility, efficiency and long-term value in their investments,' said RHB Banking Group community banking managing director Jeffrey Ng Eow Oo.
'This collaboration with IOI Properties brings together RHB's tailored financial solutions and IOIPG's visionary developments to meet these growing expectations.
'Together, we aim to future-proof the homeownership journey by making it more accessible and sustainable. As a testament to our commitment, RHB has granted over RM2bil in green financing over the past five years, as of March 2025,' he added.
To learn more IOI Properties Group Bhd and its exciting portfolio of residential offerings, visit https://www.ioiproperties.com.my/.
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