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Offering Enticing Financing for Green-Certified Park – Collaboration between Malton Berhad and RHB

Kuala Lumpur, 20 June 2024 – Aiming to make eco-friendly living to becoming more accessible, Malton Berhad (Malton or Group) has partnered with RHB Banking Group (RHB or the Bank) to offer attractive green home financing options for River Park homebuyers at Bangsar South. 

Through RHB’s innovative Green Home Financing program, River Park buyers can enjoy a loan margin of up to 95%, along with a 5% MRTA/MRTT/FEC (Mortgage Reducing Term Assurance/Mortgage Reducing Takaful Term/Finance Entry Cost). 

“This simple financial programme, aimed at first-time homeowners, seeks to incentivise their housing selections while allowing them to own a sustainable urban house. River Park, which has received preliminary GreenRE Bronze certification and is equipped with EV charging stations, draws many city workers and young families seeking sustainable urban living in dynamic hubs. We will also include additional green elements in our planned developments, such as Park Green in Bukit Jalil City and Mutiara Lake Puchong.” stated Mr. Kelvin Choo, CEO of Malton Property Development.

Mr. Jeffrey Ng Eow Oo, Managing Director of Group Community Banking and RHB Banking Group, stated, “RHB acknowledges the importance of providing sustainable finance in assisting Malaysia transition to a low-carbon future. In 2023, we committed over RM700 million to assist in the development and certification of green buildings in Malaysia. We are delighted to collaborate with Malton to support expanding the green economy and move towards a more sustainable future for everybody.”

River Park has an idyllic panorama of Kuala Lumpur City Centre and easy access to surrounding schools, medical institutions, and shopping areas including Mid Valley, Bangsar Village, and The Sphere. Malton has also committed RM10 million to construct an additional route from the NPE-Federal Highway connection to improve accessibility. The well-developed infrastructure, including the neighbouring Angkasapuri KTM station and convenient access to public transport, greatly decreases its carbon impact, which is consistent with Malton’s sustainability goals.

The three tower blocks of River Park condominium, with Tower B being the latest release, have achieved a healthy take-up rate of 65%. The development comprises 1,332 units across three towers, offering a variety of well-designed, eco-friendly two—and three-bedroom layouts ranging from 812 sq ft to 1180 sq ft. With an estimated gross development value of RM1 billion, this project is slated for completion in 2026.

Prospective buyers are invited to visit the River Park sales gallery on Waze or contact 1700 82 5300. For more information about River Park, please visit the website at riverpark.com.my.

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