SkyWorld and RHB collaborate to promote green-certified homeownership

• RHB Bank will offer a margin of 95% Green Home Financing for purchasers of The Vesta Residences and Curvo Residences, exceeding the conventional mortgage’s maximum margin of 90%.

KUALA LUMPUR (March 18): SkyWorld Development Bhd and RHB Banking Group have embarked on a strategic collaboration to promote green-certified homeownership for purchasers of The Vesta Residences and Curvo Residences.

This marks the first partnership between both parties to introduce RHB’s Green Home Financing scheme for SkyWorld’s green-certified homes.

RHB Bank will offer a margin of 95% Green Home Financing for both projects, exceeding the conventional mortgage’s maximum margin of 90%. “This represents a significant stride in fostering sustainable living within the property sector,” stated SkyWorld in a media release.

"Our pursuit of sustainable building practices is not merely a commitment; it is a cornerstone of our philosophy. We emphasise passive design in all our developments, focusing on essential analyses including daylighting, thermal comfort, cross ventilation, energy and water efficiency, layout efficiency and environmental assessment,” said Lee Chee Seng, chief executive officer of SkyWorld Development.

“By partnering with RHB Bank, we aim to incentivise SkyWorld’s purchasers to invest in eco-friendly, green-certified homes, thereby contributing to a more sustainable future," he added.

The Vesta Residences represents the second phase of the 13.6-acre SkySierra mixed development in Setiawangsa, Kuala Lumpur. This development boasts a provisional GreenRE SILVER rating and features various green elements, including an automated waste management system, a rainwater harvesting system, water-efficiency sanitaryware, regenerative elevators, cool hardscape perimeter with high Solar Reflective Index, low Volatile Organic Compound wall paint and an electric vehicle charging station.

Similarly, Curvo Residences, the final residential phase of the 28-acre SkyArena master development in Setapak, Kuala Lumpur, is certified with Green Building Index, reflecting the company’s ethos of sustainable development.

"RHB Bank recognises the critical role of green financing in driving the nation's transition to a low-carbon future. We are firmly committed to supporting this crucial journey by promoting sustainable financing solutions with a positive environmental impact. In 2023, we provided financing of close to RM700 million to support the development and certification of green buildings in Malaysia,” said Jeffrey Ng Eow Oo, managing director of group community banking at RHB Banking Group

“Our strategic partnership with SkyWorld, a leader in environmentally conscious developments, exemplifies our ongoing commitment and underscores our collective mission to accelerate the growth of the green economy and progress towards a more sustainable future for all,” he added.

SkyWorld Development is one of EdgeProp START’s strategic partners. Curvo Residences at Setapak is a development highlighted in this partnership. All SkyWorld Development homebuyers also get to enjoy rewards worth up to RM18,888. 

Looking to buy a home? Sign up for EdgeProp START and get exclusive rewards and vouchers for ANY home purchase in Malaysia (primary or subsale)!