Titijaya Land Berhad Announces Strategic MoU with Maybank

Titijaya Land Berhad (Titijaya) has signed a significant Memorandum of Understanding (MoU) with Maybank, introducing the Maybank MyDeco Financing scheme. This innovative financing solution is tailored to assist homebuyers with both home ownership and interior design financing.

Key Highlights of the MyDeco Financing Scheme:

• Comprehensive Financing: Homebuyers can secure up to 90% financing for their property value, with an additional 30% financing (up to RM250,000) specifically for interior design.
• Flexible Financing Options: Available as either a Conventional Loan or Islamic Financing, with a tenure of up to 10 years or until the age of 70, whichever comes first.
• Eligibility: The scheme is available to existing Maybank and Maybank Islamic Home Financing customers.

Datuk Lim Poh Yit, Group Managing Director of Titijaya, expressed gratitude to Maybank, stating, "Our collaboration with Maybank to offer MyDeco Financing provides Titijaya homeowners a seamless solution for enhancing their living spaces and realizing their dream home renovations."

Datuk Hamirullah Boorhan, Head of Community Financial Services Malaysia at Maybank, highlighted the benefits of the scheme, noting, "Maybank MyDeco financing provides new homeowners with additional liquidity and immediate access to funds for their home interior design, easing financial constraints and empowering homeowners to transform their newly purchased houses into dream homes."

Riveria City Project Milestones and Progress

In addition to the MoU, Titijaya announced the successful completion and 100% take-up rate of Phase 1 of Riveria City, their flagship project in Kuala Lumpur Sentral.

Completion of The Riv tower building and a new link bridge connecting Jalan Syed Putra and the Federal Highway. This infrastructure project is a notable Environmental, Social, and Governance (ESG) initiative aimed at improving traffic circulation and accessibility for the local community.

Review of Phase 1: The Riv

• Overview: A 54-storey tower featuring 784 office suites.
• Gross Development Value (GDV): RM374 million.
• Joint Development: This project is a Transit-Oriented Development (TOD) in collaboration with Prasarana Integrated Development Sdn Bhd.

On Saturday, Titijaya also previewed The Ria, the second tower of Riveria City.

Preview of Phase 2: The Ria

• Overview: The Ria is a 63-storey serviced apartment building with 752 units, ranging from 650 to 800 square feet.
• Estimated GDV: RM588 million.
• Starting Prices: From RM685,000.
• Strategic Location: Near KL Sentral, just 100 meters from the Tun Sambanthan monorail station and within walking distance of the KL Sentral transportation hub.

Datuk Lim Poh Yit expressed optimism about the interest shown during the preview, stating that Riveria City is poised to become one of the most successful TOD projects in Kuala Lumpur.

So, whether you're looking to purchase your own home or expand your investment portfolio, The Ria is one of the most exciting projects in Klang Valley. Located in the heart of KL Sentral, it offers an unparalleled blend of convenience and luxury that will change your living experience.

Register your interest below, and our sales team will reach out to schedule a private appointment at our show unit. We look forward to seeing you soon!