KUALA LUMPUR: UOA Development Bhd (UOA) has entered into a strategic partnership with Alliance Bank Malaysia Berhad through the signing of a Memorandum of Understanding (MoU) to launch the Alliance Green Properties Financing for its latest commercial development, Duo Tower in Bangsar South.
The initiative aims to promote the ownership of green-certified properties and support the broader vision of sustainable urban development. Duo Tower is the first commercial project to formalise an MoU under this green financing scheme, signalling a significant step forward in driving environmentally responsible real estate investments.
As the newest addition to Bangsar South, Duo Tower features two sleek, biophilic-designed corporate towers rising over 30 storeys. Conceptualised by the township’s master developer, the project integrates sustainable features with modern aesthetics, reflecting a next-generation approach to workplace environments.
This green financing solution is aligned with Alliance Bank’s Acceler8 strategy, which focuses on expanding property financing offerings to the consumer market. Under this scheme, eligible borrowers can benefit from preferential financing rates, making eco-conscious property ownership more attractive and attainable.
“Duo Tower sets a precedent for green commercial development, and this collaboration with Alliance Bank highlights our mutual commitment to shaping a more sustainable urban landscape,” said a UOA spokesperson.
For Alliance Bank, the partnership supports its broader ESG agenda, with the consumer banking division actively driving green property financing solutions and supporting the development of energy-efficient, ESG-certified residential and commercial projects.
Beyond property ownership, the bank also sees this collaboration as a means to channel investments into wider community sustainability initiatives, including rainwater harvesting systems, green communal spaces, and affordable housing schemes with environmental features.
For further details on this partnership, visit www.duotower.com.my or www.alliancebank.com.my.
