Gamuda Land expands partnerships with banks to enhance homebuyers’ financial accessibility

Gamuda Land Vietnam, a leading property developer from Malaysia, on Tuesday signed strategic cooperation agreements with Vietnam’s Maritime Bank (MSB) and Hong Leong Bank Vietnam to enhance financial accessibility for homebuyers.

Under these agreements, customers purchasing Gamuda Land properties can access exclusive preferential loan packages, including disbursement with only 10% down payment, loan amounts of up to 80% of the property value, and loan tenures of up to 40 years, alongside flexible terms and other benefits.

This new initiative follows previous collaborations with major banks such as Vietcombank, BIDV, VietinBank, MBBank, and Public Bank Vietnam, and reinforces Gamuda Land’s commitment to customer-centric financial solutions.

As a leading Malaysian real estate developer, Gamuda Land continues to pioneer efforts that ease the path to homeownership for a broader range of customers.

The general terms offered under these agreements include disbursement with only 10% contract value paid; loans covering up to 80% of the property’s value; maximum loan term of 40 years; grace period on principal repayment of up to 5 years, depending on prevailing bank policies; and flexible prepayment policies, including fee waivers after a minimum loan period is met.

Additionally, Gamuda Land will support interest subsidies of up to 7% per annum for the first 24 months from the date of initial disbursement, helping customers reduce financial burdens during the early stages of ownership.

At the signing ceremony, Teoh Chin Siang, general director of Gamuda Land Vietnam – Southern Region 1, said that over the years, Gamuda Land has had the privilege of partnering with reputable financial institutions that share its vision and mission: making homeownership more accessible while contributing to the creation of sustainable and quality living environments.

The cooperation with MSB and Malaysian-invested Hong Leong Bank Vietnam continues that spirit, demonstrating a shared belief in the growth potential of the Vietnamese real estate market and a joint commitment to creating greater value together, he added.

Siang also emphasized the company’s dedication to continually seeking optimal financial solutions for its customers.

He disclosed that Gamuda Land is currently in discussions to broaden cooperation with other major domestic and international banks, such as Shinhan Bank Vietnam, aiming to diversify options and deliver even more practical benefits to its customers.

These loan packages will apply to all existing Gamuda Land projects in Vietnam, and may also be extended to upcoming projects. The optimized financial structure is expected to boost access to high-end real estate while enhancing long-term investment potential.

Gamuda Land is the property development arm of Gamuda Berhad, Malaysia’s leading engineering, construction, and infrastructure group.

With a global vision, the company aims to expand its land bank to 3,600 hectares, achieving a gross development value (GDV) of $13.8 billion, spanning more than 31 township and high-rise projects across Malaysia, Vietnam, Singapore, Australia, and the UK.

In Vietnam, Gamuda Land has made a strong mark with two large-scale urban townships: Gamuda City (274 ha) in Hanoi and Celadon City (82 ha) in Ho Chi Minh City.

The company has recently been implementing its Quick Turnaround Project (QTP) strategy, successfully launching several high-potential projects such as Eaton Park, Elysian, Artisan Park, The Meadow, and Springville.

A new project in the northern port city of Hai Phong is also in the pipeline and is expected to further underscore Gamuda Land’s stature in Vietnam, contributing to the creation of sustainable and prosperous communities where residents choose to build multi-generational homes.