HONG KONG, Aug. 10 /PRNewswire-Asia/ -- Australian property marketing company, the Citylife Property Group in Hong Kong, has unveiled a SAFE BUY Programme, a complimentary "property return" programme that allows investors to return their Australian investment property before June 2010 if they have an involuntary loss of income.
Michael Bentley, Managing Director of Citylife says that his company may be the first to offer such a plan.
"As far as we know, we're the first International marketing group to offer our clients a programme like this one that actually allows you to return your property without penalty, and get a full refund of your deposit if you lose your job."
The programme covers all off plan apartments purchased from Developer MAB Corporation, one of Melbourne's most respected and awarded Developers, in its latest project.
Bentley says MAB Corporations size and financial strength allows it to implement a plan like this one, and the programme would allow Citylife to differentiate itself from other Agencies and Australian Developers.
"We wanted to try a different kind of programme that seemed to address people's fears during these uncertain times," he says.
"We found many people very keen to buy property in Melbourne at this time ahead of the economic recovery, due to the shortage of stock, the rising rents, the low interest rates as well as the lower Australian dollar, but some people were simply worried about their jobs over the next few months and decided to wait. Rather than miss out on buying on what may well prove to be one of the best times in years to purchase, this programme enables them to proceed with a purchase knowing that if they do lose their income or job, they can return the property and receive back their full deposit paid with no further obligation."
In addition the programme has even gone a step further. In the event that some people may think values will fall, (although they have started rising since February 2009) the safe buy programme also allows buyers to receive a rebate to reflect the drop if such an event does happen.
MEDIA ENQUIRIES:
Michael Bentley
Citylife Property Group
Email: info@citylifeproperty.com
Tel: +852-2525-5680
Website: http://www.citylifesafebuy.com
http://www.citylifeproperty.com
