ForestHill Spearheads Sustainable Living Through Strategic MoU Signings

by | May 18, 2024 | News

KUALA LUMPUR, May 18: ForestHill Residences under Ehsan Bina Group has announced strategic partnerships with Maybank Islamic Bhd, Daikin Malaysia, and Teka Group to accelerate sustainable living initiatives in Malaysia. These collaborations showcase the developer’s commitment to innovative financing, energy-efficient technologies, and eco-friendly home designs. Through these collaborations, ForestHill aims to make sustainable homeownership more accessible and redefine modern living with a focus on environmental responsibility.


ForestHill’s collaboration with Maybank Islamic Bhd heralds a groundbreaking initiative to make sustainable homeownership accessible to all, revolutionising traditional financing models. Furthermore, alliances with Daikin Malaysia and Teka Group underscore the developer’s unwavering dedication to eco-friendly practices, ensuring that every aspect of the living experience aligns with sustainability principles.


The developer will offer an innovative home financing solution, along with state-of-the-art air conditioning and home appliances. Ehsan Bina, known for its commitment to green initiatives, signed a Memorandum of Understanding (MOU) today with Maybank Islamic Bhd to introduce Maybank Islamic’s HouzKEY, a unique financing option.


Under the HouzKEY programme, Malaysian purchasers at the ForestHill Residences in Damansara Perdana will benefit from 100% financing and there will be no installment needed during the construction phase. This initiative requires no downpayment and guarantees lower monthly payments upon completion, along with attractive rewards for homebuyers.


“Today’s partnership paves the way for first-time homebuyers and those looking to upgrade to easily acquire a home without the burden of initial high costs, offering enhanced flexibility and better cash flow management,” said Jamie Lai, Chief Financial Officer of Ehsan Bina, during the signing ceremony.


Representing Maybank Islamic HouzKEY, Ahmad Shareza Bin Abdul Rahman, Head, Maybank Ventures emphasised the programme’s goal to facilitate homeownership without significant upfront financial commitments. “This is very much aligned with the key intent of HouzKEY that is to cater to aspiring homeowners to own their first home without the worry of huge financial commitment upfront. We look forward to working with Ehsan Bina to assist Malaysian first home buyers and upgraders to chart their homeownership journey at ForestHill Residences”.


Nestled within the lush greenery of Damansara Perdana, ForestHill Residences epitomises the fusion of modern luxury with ecological responsibility. Spanning 4.29 acres of rehabilitated land, this visionary project integrates cutting-edge sustainability measures, including electric-vehicle charging stations, rainwater harvesting systems, and a meticulously designed landscape that serves as a haven for biodiversity.


Additionally, ForestHill also formed partnerships with two other companies —  Daikin Malaysia and Teka Group — to provide sustainable home fittings and furnishings for its ongoing and upcoming projects.


Through these partnerships, ForestHill hopes to spread a wider awareness among its residents on the importance of embracing water and energy-saving technologies, utilise green materials and promote clean air through eco-friendly practices.


“At Ehsan Bina, our vision extends beyond constructing buildings; we aspire to cultivate vibrant, eco-conscious communities that thrive in harmony with nature. Through strategic partnerships and relentless innovation, we are reshaping the urban landscape, paving the way for a sustainable future that benefits both current and future generations,” Lai said.


“As we embark on this transformative journey, Ehsan Bina remains steadfast in its mission to lead by example, demonstrating that sustainable development is not just an aspiration but an achievable reality. We reaffirm our commitment to building a better, greener world for all with each partnership and project,” she said.


Meanwhile, the Managing Director of Daikin Malaysia Sales & Service Sdn. Bhd. Mr. Lawrence Song said: “Our partnership with ForestHill is driven by a shared commitment to elevate energy efficiency standards.”


Ehsan Bina also revealed an exclusive deal with Teka Group, where Teka’s Managing Director, Stan Fong, highlighted the benefits for homeowners. “Our collaboration ensures that every homebuyer enjoys premium kitchen appliances, enhancing their living experience.


After the signing ceremony, Daikin and Teka will showcase their latest products. Among them are Daikin’s WIFI-enabled air conditioners and air purifiers where homebuyers can control the temperature and humidity via their mobile phone using the GODAIKIN app. Product demonstrations are scheduled for May 18th and 19th.

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