EcoWorld makes it super easy to own a house. No more worries about raising funds for a big down payment. With #InstaYours, you can get started by simply paying a 3-month security deposit (approximately 1% of the property price, much less than the usual 10% down payment).
With the security deposit and monthly #InstaYours payments, you can immediately get an EcoWorld home. What’s more, you would have locked in an option for a 5-year period to purchase that same house at its original purchase price.
We understand the uncertainties faced by many today. The fear of regret often stops us from making purchases. #InstaYours helps overcome this by allowing you to “test out” your chosen home for a 5-year period and only when you’re sure that you love it, you go ahead and cement the deal. What happens if you decide otherwise? Your security deposit is fully refundable and you can walk away with no strings attached.
#InstaYours is supported by Maybank and the assessment criteria for this programme are generally more lenient compared to that of a mortgage loan. In addition, as long as you faithfully pay all your #InstaYours payments on time, Maybank is prepared to give you a mortgage loan to fund your purchase. So you don’t have to worry that you cannot get a loan when you eventually decide to buy the property!
Best of all monthly #InstaYours payments are LOWER than monthly instalments on traditional mortgage loans. The effective interest rates for the first 2 years is ONLY 3.5% p.a. and this increases slightly to 4% p.a. in Years 3 to 5.
At EcoWorld we truly want to help you to own your dream home and we are committed to journey with you and your family to help create value at every stage of your lives. As such we have prepared a package of attractive incentives to encourage you to become a homeowner as early as possible. The earlier you decide to purchase your EcoWorld home, the more incentives you stand to receive.
If your dream home is still being built, you only need a 3-month security deposit to secure it. This means you do not need to fork out any monthly #InstaYours payments during construction as payments only kick in upon vacant possession.