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Upcycle a subsale landed house,
renovate it your way through home co-ownership
HOUSE CRITERIA
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Freehold
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Subsale Landed
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More than 15 years old
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Below RM1.5million
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Pass Nowcast™
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Flood & landslide free area
01
BUY
Homeowner engages with UrbanWave when buying a house and applies for mortgage* (up to 90%)
*UrbanWave does not participate in the mortgage
02
RENO & STAY
UrbanWave provides upfront cash for the renovation, in exchange for minority shares in the house. This is not a loan, no monthly repayment needed.
03
SELL
We share the profits when homeowners decides to sell in the future when property value appreciates.
HOW CO-OWNERSHIP WORKS
You | UrbanWave | |
---|---|---|
Cash Upfront | 10% + Legal fees | 20% of property price |
Ownership Share | 60% | 40% |
Who Lives There | You | X |
Who Designs It | You | X |
Who applies for Loan | You | X |
Who's on SPA/S&P | You | UrbanWave |
Who's on Land Title | You | UrbanWave |
OUR CO-OWNERS
FOUND A HOUSE TO BUY?
Don’t see what you’re looking for, or already found a house you love?Submit your details and our team will be in touch to help you out.
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