Malton unveils River Park's final tower

TheEdge Tue, Apr 23, 2024 12:15pm - 1 week View Original


KUALA LUMPUR (April 23): Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.

According to a statement on Tuesday, River Park Tower B will have 452 condominium units in a 47-storey block. In total, the development will consist of 1,332 units across three towers, offering two- and three-bedroom layouts ranging from 812 to 1,180 sq ft. Slated for completion in 2026, River Park has an estimated gross development value of RM1 billion.

Situated between Old Klang Road and Bangsar South, River Park has achieved provisional GreenRE Bronze certification for its green features, including electric vehicle charging stations.

In conjunction with the launch of the final tower, Malton is collaborating with Maybank to offer Maybank MyDeco financing to provide funding for home interior improvements, furnishings, fittings and interior design works. Homebuyers can integrate their Maybank home financing with Maybank MyDeco financing to secure an additional facility of up to another 30% — making it a total facility of up to 120% of the property price — for interior transformation on expenses.

“This unique home ownership solution enables aspiring homeowners to purchase a house and transform it into their dream home with a new makeover, thus providing an unparalleled living experience at River Park. The strategic collaboration aims to help alleviate financial difficulties associated with home ownership, demonstrating our shared goal of improving the home ownership journey,” said Malton Property Development chief executive officer Kelvin Choo.

Meanwhile, Alan Ng, Maybank's regional director Federal Territory, Community Financial Services, said, “Going beyond just home financing, we are committed to Humanising Financial Services. We offer budgeting and planning tools and insurance and takaful coverage…. Our innovative Maybank MyDeco financing caters to the evolving needs of homebuyers who not only want to own a property but also personalise it into their dream living space.”

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Eric Lee
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crap!

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