Kuala Lumpur, 16 April 2025 UOA Development Bhd (“UOA”), has signed a Memorandum of Understanding (MOU) with Alliance Bank Malaysia Berhad to introduce the
Alliance Green Properties Financing for Duo Tower, Bangsar South. This financing solution is aimed at encouraging the ownership of green-certified properties while supporting sustainable community development.
Notably,
Duo Tower is the first commercial project to sign an MOU for this green financing scheme with Alliance Bank, marking a significant milestone in the push for eco-friendly real estate development. This collaboration underscores a shared commitment to sustainability and sets a new benchmark for future commercial projects seeking green financing solutions.
The collaboration comes as Duo Tower, the latest strata office development in Bangsar South, Kuala Lumpur makes its debut. This cutting-edge development features two corporate office towers soaring over 30 stories, embodying the principles of biophilic architecture. Designed by the master developer of Bangsar South, Duo Tower seamlessly integrates functionality, sustainability, and aesthetics, redefining the modern workplace experience.
The Alliance Green Properties Financing aligns with Alliance Bank’s Acceler8 growth strategy, which focuses on expanding its reach within the consumer segment, particularly in property financing. Borrowers will enjoy a preferential rate, making sustainable property ownership more accessible.
At Alliance Bank, the consumer banking business supports the launch of green property financing solutions and the development of ESG-certified residential projects with energy-efficient features. This collaboration is an opportunity to broaden investments in community sustainability initiatives such as rainwater harvesting, green spaces and special affordable housing schemes.
For more information on this collaboration, please visit
www.alliancebank.com.my for more details
From left to right) Mr Frankie Choo, Head, Sales & Marketing of UOA Development Bhd, Ms Cecelia Chan, Property Director of UOA Development Bhd, Ms Gan Pai Li, Group Chief Consumer Banking Officer of Alliance Bank and Mr Edwin Lee, Head, Cards and Loans of Alliance Bank during the MOU signing ceremony between UOA and Alliance Bank
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