Worldwide Holdings Bhd, RHB launch 120% home financing package

• “This type of financing is particularly attractive for buyers looking to move in immediately, allowing them to fully furnish their homes to their taste.”

SHAH ALAM (Aug 14): Worldwide Holdings Bhd (WHB) has introduced a 120% home financing package with RHB Bank Bhd that allows buyers to cover renovation and furnishing costs on top of standard housing loans.

WHB chief financial officer Nasri Mohd Jamal explained that standard home loans typically provide up to 90% financing, with the remaining 10% coming from the buyer.

“For example, if you’re buying a RM1 million home, you need RM100,000 in capital outlay. With RHB’s package, that RM100,000 can instead be used to furnish your home.

“With RHB’s solution, buyers can get an extra 30% financing on top of the usual 90%. They can finance the RM100,000 to RM200,000 needed for renovations or furnishing, moving into their dream home with zero capital,” he told EdgeProp during the strategic partnership announcement at the Mercu Worldwide today.

Nasri added that the package is one of several financing options aimed at supporting prospective buyers not only in purchasing WHB properties but also in completing post-handover renovations.

“This type of financing is particularly attractive for buyers looking to move in immediately, allowing them to fully furnish their homes to their taste.

“We’re building a dream, a living dream for all homebuyers to enjoy for decades,” he explained.

Commenting on how the package aligns with WHB’s lead sales, marketing & sales admin Shahlawati Tajudin said it will support the company’s fourth-quarter property campaigns, particularly for near-completion projects.

“For example, Adenia in Puncak Bestari and Lemuni are scheduled to be completed by year-end. This financing will make it easier for buyers to secure their homes and move in immediately,” she said.

Shahlawati also highlighted upcoming launches.

“We have Lyra 2 in Cyber Valley, scheduled for September, which consists of double-storey terrace homes. Meanwhile, Amber 2 our last phase of bungalow that will be launched, offers 40 exclusive two-storey units, with many more projects planned for next year,” she stated.

Meanwhile, RHB Banking Group managing director of group community banking Jeffrey Ng Eow Oo said today’s homebuyers want more than just a mortgage; they want to move in faster.

“Through collaboration with WHB, we are delivering a practical, end-to-end financing solution that eases the financial burden and supports a better quality of life for our customers. By making homes move-in ready and more accessible, we are helping Malaysians turn their aspirations into reality, both now and in the years ahead.

“The renovation financing portion will be progressively disbursed over 12 months after full disbursement of the main home loan, ensuring funds are available in sync with each renovation phase,” he said.

Available to both new and existing RHB customers, the package also covers legal fees, valuation fees, and mortgage protection insurance or takaful.

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