KUALA LUMPUR (March 19): SkyWorld Development Bhd has partnered with RHB Banking Group to offer a higher margin of 95% green home financing for buyers of the developer’s The Vesta Residences at Setiawangsa and Curvo Residences at Setapak, both in Kuala Lumpur. 

This offer exceeds the conventional mortgage’s maximum margin of 90%. 

In a joint press statement on Monday (March 18), SkyWorld Development CEO Lee Chee Seng emphasised the company’s commitment to sustainable building practices. 

“Our pursuit of sustainable building practices is not merely a commitment, it is a cornerstone of our philosophy, said Lee.

“We emphasise passive design in all our developments, focusing on essential analyses including daylighting, thermal comfort, cross ventilation, energy and water efficiency, layout efficiency and environmental assessment. By partnering with RHB Bank, we aim to incentivise SkyWorld’s purchasers to invest in eco-friendly, green-certified homes, thereby contributing to a more sustainable future.” 

The Vesta Residences is the second phase of the developer’s 13.6-acre SkySierra mixed development in Setiawangsa, Kuala Lumpur. This development has a GreenRE Silver rating and features various green elements, including an automated waste management system (AWCS), a rainwater harvesting system, water-efficiency sanitaryware, regenerative elevators, cool hardscape perimeter with high solar reflective index (SRI), low volatile organic compound (VOC) wall paint and electric vehicle charging stations.

Curvo Residences, on the other hand, is the final residential phase of the 28-acre SkyArena master development. It is certified with a Green Building Index rating. 

Representing RHB Banking Group, its managing director of group community banking Jeffrey Ng Eow Oo said, “RHB Bank recognises the critical role of green financing in driving the nation’s transition to a low-carbon future. We are firmly committed to supporting this crucial journey by promoting sustainable financing solutions with a positive environmental impact. 

“In 2023, we provided financing of close to RM700 million to support the development and certification of green buildings in Malaysia. Our strategic partnership with SkyWorld, a leader in environmentally conscious developments, exemplifies our ongoing commitment and underscores our collective mission to accelerate the growth of the green economy and progress towards a more sustainable future for all.”