Seagate Global invests in Malaysia government employee housing projects guaranteed by the government under the PPAM program and other official affordable housing programs.
The projects range from single story developments to high-rise apartment buildings. The government co-invests alongside Seagate in the projects.
The homes are sold below market value which creates a large demand for these new, attractively priced, modern homes. Through this program, Seagate originates high yielding government guaranteed housing receivables for international investors.