MBSB to rollout up to RM700m financing for Rumawip projects
Affordable housing: Tengku Adnan viewing a model of the Rumawip project. Residensi Hektar has received encouraging response from potential buyers with a current take-up rate of 60 for the project. — Bernama
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) plans to rollout up to RM700mil in financing for the development of eight more Federal Territories Affordable Housing (Rumawip) projects.
President and chief executive officer Datuk Seri Ahmad Zaini Othman said the total gross development value (GDV) of these projects would be RM2bil.
“We have so far financed nine Rumawip projects with total approved funding of RM1.17bil, consisting of 5,768 units with a total GDV of RM1.66bil,” he said after an official signing ceremony for Islamic financing facility between MBSB and Hektar Aneka Sdn Bhd.
...
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
Related Stocks
Comments