To help purchasers kick-start their journeys as homeowners, EcoWorld has launched HOPE, which stands for Home Ownership Programme with EcoWorld.

Under the initiative, the Stay2Own programme eases the house buying process by helping prospective buyers spread the home’s purchasing costs more evenly across the loan tenure.

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Buying your first home is a journey that is both exciting and daunting. Whilst we all dream of having a place to call our own, many prospective homebuyers are scared away by the reality of being unable to meet the significant upfront costs involved.

MLTA

0.04% of loan amount yearly*.

LEGAL FEES

1% of property value for SPA (negotiable) + 1% of loan amount.

DOWN PAYMENT

Most buyers would try getting 90% loan, but sometimes banks only give up to 70%, pushing your downpayment to a hefty 30% of the house’s value.

STAMP DUTY

1 to 3% of property value for SPA + 0.5% of loan amount

MRTA

3.5% of loan amount (one-off)*.

*Not compulsory, but often a requirement from the bank.

A property sold for RM800k can easily cost its owner RM250k to RM300k in up front costs.

Stay2Own via Maybank HouzKEY

 

Stay first, buy later. Stay in your dream house immediately, and enjoy a five-year no obligation grace period to decide whether you want to buy. Applicable only for completed projects or within less than 6 months to completion.

 

Qualification: RM5,000 minimum monthly household income.

Price locked-in 5 years.

AFTER 1 YEAR

2 YEARS

Monthly rental: < 1% property price

Down payment

5 YEARS

If buyer exercises option to purchase: Entire sum of rental collected goes into down payment.

Option to buy house anytime. Portion of total rental paid goes into down payment.

Buyer: Pay 3-month rental deposit, sign 5-year contract, move in immediately, pay rent every month.

Deposit: 3 month rental.

Option 1: Buy over house. At least 30% of total rental paid goes into down payment.

Option 2: Walk away. Take back 3-month rental deposit.

View latest EcoWorld projects eligible for HOPE

The Biggest Hurdles of House Ownership

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RENOVATION

FURNITURE

Selected EcoWorld projects, such as EcoSky and The Parque Residences @ Eco Sanctuary, come with the option of highly attractive fully-furnished unit, meaning you can move in to your dream EcoWorld home immediately upon delivery without hassle, at the same time lowering your up front costs.

TODAY

Up Front Cost

- 3-month rental (For RM800k house, move in for as low as RM6k).

Benefits

- Your rental converts into savings for your down payment.

- 5-year lock-in of house price.

- Fully-furnished units available.

Hits six figures easily.

YOUR DREAM HOME