What is HouzKEY?HouzKEY is a homeownership solution offered by Maybank Islamic. It is designed to assist homebuyers who are unable to own a home due to high initial cost. Stay first with HouzKEY and after a minimum period of 12 months, you have the option to buy the house at the pre-agreed purchase price. During the tenure period, you will have to pay monthly payment and your tenure can be extended up to a maximum of 30 years. Pathway to owning a home: Properties listed for sale by Individual Seller on maybank2own.com
- Monthly repayment reduces outstanding financing amount overtime
- Your choice of completed home, up to RM1 million anywhere within Klang Valley (KL & Selangor) from sub-sale market / individual sellers
- Minimum built-up area of 550 sq. ft.
What are the key benefits?
- Easy entry with minimal upfront cost. Instead of paying 10% down-payment like a conventional home mortgage, you only need to pay three (3) months refundable deposit.
- You can choose to stay first and purchase the property later at a locked-in property price.
- If you choose to sell the property, 100% profit (net gain from the sale proceeds) will be yours.
- Eligible for up to 100% financing which includes incidental cost such as legal fees and stamp duty among others.