Do you hear about Parade of Homes by Sime Darby property developer? You are invite to visit the Sime Darby Parade of Homes Campaign booth at Dataran Maybank. Sime Darby property was generated RM161mil in property sales for Parade of Homes projects for pass few months.

Parade of Homes is launch by a single property developer – Sime Darby Property. Parade of Homes is an event that brings together a showcase of homes from 9 noteworthy townships. Sime Darby Property have lined up various activities, contests and talks from guest speakers, ranging from investment tips to interior design to make it an even more fun occasion.

Maybank had contribute for Parade of Homes project. Maybank is the mortgage loan owner for Parade of Homes projects. Now, Maybank offer home buyer mortgage loan package and visit your to Dataran Maybank to get all the information you need about Maybank home financing and also enjoy the offers for buyers at the Property Showcase:

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Bank Malaysia to cut loan repayments to help housing loan borrowers in uncertain market.Several banks have slashed interest rates imposed on housing loans and more are expected to join in the fray.

Four banks – RHB Banking Group, Public Bank Group, United Overseas Bank Bhd (UOB) and Malayan Banking Bhd (Maybank) – have cut their respective Base Lending Rates (BLR) from 5.95% to 5.55%, following Bank Negara’s move to cut the Overnight Policy Rate (OPR) from 2.5% to 2% on Tuesday. RHB Bank and Public Bank will also be reducing their respective Islamic bank’s base financing rate (BFR) at the same quantum.

RHB Banking Group managing director Michael J. Barrett said housing loans borrower would be able to pay less to service their housing loans with floating rates while individuals and businesses would enjoy lower borrowing costs. Bank Malaysia help housing loan borrowers during these challenging times and provide our customers with more financial support. All the news BLR rates would take effect next Monday. Read more »

MAYBANK announced that its Base Lending Rate (BLR) will be reduced by 55 basis points from 6.5 per cent to 5.95 per cent effective February 3 2009.The revision takes into account the reduction in the floor rate of the one and 12 months fixed deposits by 50 basis points and the reduction in Overnight Policy Rate (OPR) by 75 basis points.

The Base Financing Rate (BFR) of Maybank Islamic Bhd will similarly be revised downwards from 6.5 per cent to 5.95 per cent effective 3 February 2009.

The reduction in Base Lending Late (BLR) is part of ongoing commitment towards the creation of a more supportive monetary environment. Housing loan borrowers will enjoy immediate benefits as the interest rates of all their loans pegged to the Bank’s BLR will be adjusted accordingly. Given the challenging in business environment, the lower cost of funding will be a boon to borrowers and help in sustaining positive economic growth in the country.

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