On October 7, Gamuda Land Vietnam signed new cooperation agreements with Vietnam Maritime Commercial Joint Stock Bank (MSB) and Hong Leong Bank Vietnam.

Accordingly, customers owning Gamuda Land's products will have access to special preferential loan packages, such as a 10% payment for disbursement, loans up to 80% of the product value for a term of up to 40 years, along with many flexible conditions and outstanding benefits.

This is the next step in Gamuda Land's efforts to accompany its customers, following previous cooperation agreements with leading banks such as Vietcombank, BIDV, VietinBank, MBV, and Public Bank Vietnam.

The event continues to affirm the pioneering position of Malaysia's leading real estate developer in continuously providing favorable financial solutions and increasing homeownership opportunities for a large number of customers.

The general terms of these agreements state that customers purchasing Gamuda Land's products will enjoy several outstanding incentives: they only need to pay 10% of the sales contract value to trigger disbursement; the loan-to-value ratio is up to 80% of the product value; the maximum loan term is up to 40 years; along with a principal grace period of up to 5 years, depending on the current policies at the time of application. In particular, prepayment fees are applied flexibly and waived upon reaching the minimum loan duration as prescribed.

Simultaneously, Gamuda Land also supports an interest rate of up to 7%/year within 24 months from the date of the first disbursement, helping customers optimize their financial costs during the initial phase.

Speaking at the signing ceremony, Mr. Teoh Chin Siang - General Director of Gamuda Land Vietnam - South Zone 1, shared: "Over the past years, Gamuda Land has had the opportunity to accompany many prestigious financial institutions—treasured partners who share our vision and mission: to make homeownership opportunities more accessible to customers, while contributing to creating a sustainable and better life. And today's new cooperation agreement with Hong Leong Bank Vietnam and MSB is a continuation of that spirit—demonstrating a shared belief in the growth potential of the Vietnamese real estate market, as well as the opportunity to create greater values together in the future."

Mr. Siang expressed the enterprise's dedication to finding the best financial solutions for customers.

Mr. Siang also added that the enterprise is in negotiations to expand cooperation with major domestic and foreign banks, such as Shinhan Bank Vietnam, in order to diversify options and bring more practical benefits to customers.

These loan packages will be deployed for all of Gamuda Land's existing projects in Vietnam and may also be applied to new projects in the future. With an optimized financial mechanism, customers will have more opportunities to own luxury real estate while increasing their long-term investment potential.

Gamuda Land is a real estate development brand under Gamuda Berhad – Malaysia's leading construction and infrastructure development corporation. With a global expansion vision, Gamuda Land aims to increase its land bank to 3,600 hectares, with a total gross development value (GDV) of 13.8 billion USD and more than 31 township and high-rise projects across Malaysia, Vietnam, Singapore, Australia, and the United Kingdom.

In Vietnam, Gamuda Land has made its mark with two large-scale townships that have won multiple international awards: Gamuda City (274 ha) in Hanoi and Celadon City (82 ha) in Ho Chi Minh City. Recently, the enterprise has implemented the Quick Turnaround Project (QTP) strategy, achieving success with a series of large-scale and highly potential projects such as Eaton Park, Elysian, Artisan Park, The Meadow, and Springville. In addition, a new project in Hai Phong is expected to continue affirming Gamuda Land's stature, contributing to the journey of creating a sustainable and prosperous living community where residents desire to settle down long-term across generations.