18/09/2014
We are proud to announce that Aubella has signed a joint venture agreement with Rainbow Credit Union, Hong Kong, to offer a new retirement solution and property investment in Cyberjaya.
HONG KONG (China), Sept 17 (Bernama) -- The Malaysia My Second Home (MM2H) programme targets over 70,000 Hong Kong retirees.
A MM2H agency, Aubella Sdn Bhd, has signed a joint venture agreement with Rainbow Credit Union, Hong Kong, to offer a new retirement solution and property investment in Cyberjaya.
The development offers investors and retirees a 10-year social visit visa as well as a unit of freehold property in Cyberjaya at an affordable RM500,000 (USD168,000) for a fixed period of five years.
Aubella General Manager Vincent Fong said at the programme launch and agreeement signing ceremony that investors nearing retirement age could rent out their units as this offers a steady passive income.
"In the long run, the net worth of the property will grow due to capital value appreciation," he said in reply to a question from a potential investor at the launch held at the Malaysia Healthcare Travel Council (MHTC) office in Wan Chai here Wednesday.