SUBANG JAYA, 6th March 2009 - Following the success of its two previous Parade of Homes campaign, Sime Darby Property (SDP) continues to offer homebuyers even better financing solutions which will allow buyers to continue acquiring property despite the current economic sentiment. In view of this, Sime Darby Property is introducing its third instalment of Parade of Homes campaign starting from 6 March  15 June 2009.

Teaming up with partners Maybank, CIMB and HSBC, among the financing innovations being offered this time is a special easy payment scheme which allows buyers to pay the difference between the purchase price and loan amount, in monthly instalments of up to 12 months.

Buyers will also be able to enjoy an interest free period during the construction period and an exclusive rate of BLR minus 2.3 per cent after vacant possession.

There is also an early bird cash rebate of as much as RM10,000.00 for purchasers who sign their Sale and Purchase Agreement (SPA) during the campaign period.

In addition, apart from down payment, buyers will enjoy  zero entry cost which entitles them to free stamp duty on Memorandum of Transfer (MOT), Legal fees and disbursement on SPA and stamp duty on loan documentation.

On top of the four incentives stated, SDP will also be offering its Guaranteed Buy-Back (GBB) programme, which provides property buyers peace of mind by allowing them to sell their property back to the Company.

The first Parade of Homes in June 2008 attracted over 15,000 visitors and generated sales worth more than RM246 million over a period of nine days, while the second one in November 2008 generated over RM146 million in sales even as Malaysians began to face the pandemic effects of a faltering global economy.

Never one to rest on its laurels, Sime Darby Property had conducted research and focus groups to better understand the needs and concerns of property buyers, especially during the current economic situation before coming up with the suitable incentives and promotions that best addresses the concerns of prospective buyers.

 This time around, we ve taken into consideration the economic situation and offering buyers a unique opportunity to preserve their savings by having the option to purchase a new home by paying in instalments and packages which are designed to give them more financial flexibility, better cash flow management and peace of mind, said Dato Tunku Putra Badlishah, Managing director of Sime Darby Property.

 The very good take up rate shows that Malaysians are keen to buy a property of their own and the financial scheme provided by us offer the much needed relief for buyers in making their home ownership dream a reality , he added.

The latest instalment of the Parade of Homes commences on March 6th 2009 in conjunction with MAPEX 09 and will go on until 15th of June 2009, covering both residential and commercial properties in Sime Darby Property s 10 townships.

SDP s FREEHOLD properties range from affordable homes to high-end residences. With townships in Subang Jaya, Bukit Jelutong, USJ Heights, Bandar Bukit Raja, Ara Damansara, Denai Alam, Melawati, Nilai Impian, Planters Haven and Putra Heights, it caters to different consumer demands and preferences with different types of residential properties such as link and semi-detached houses, bungalow land, service apartments and shop offices throughout Malaysia, with a particular focus on the areas of Klang Valley and Selangor.

To take advantage of SDP s latest offerings and to find out more about SDP s available properties, please visit Sime Darby Property showcase at Booth C1 and E1 during Mapex  09 at the Mid Valley Exhibition Centre, Kuala Lumpur from March 6th to 8th, 2009. Alternatively, the public may visit us at our township Sales Galleries which are open seven days a week, including on public holidays. Please log on to http://property.simedarby.com/ for further information on our properties and the location of our galleries.