How KALSIS Works

Sabrina has cancer and requires an immediate RM150,000 for further treatment

Sabrina and her husband takes up KALSIS as their family have insufficient personal savings

Sabrina and her husband sell their home to KALSIS at market value of RM1,500,000 (based on property valuation report by KALSIS appointed vendor)

Sabrina and her husband have exclusive lifetime usage of the home, known as the ‘Residency Period’. During this period, they receive structured payouts from KALSIS as follows:

• Year 1:
  • RM150,000 (10% lump sum amount) – paid directly to the hospital
• Year 2 and onwards: (Choose one of the following options)
  • RM60,000 (4% lump sum amount) – paid directly to the hospital
  • RM5,000 per month (4% monthly amount) – payable to a joint bank account in Sabrina and her husband’s name

Sabrina and her husband can nominate a Rebate Recipient who will receive a pro-rated rebate if they pass away earlier than 10 years from the sale of the home. The rebate percentages are based on the home’s initial market value at the following intervals:

• Year 2: 72% of the home’s initial market value
• Year 5: 63% of the home’s initial market value
• Year 10: 40% of the home’s initial market value

Upon the passing of both Sabrina and her husband, the Rebate Recipient is entitled to the following benefits:

• Access to the home for the retrieval of sentimental items.
• The right of first refusal to purchase the home at the future market value, based on a property valuation report by a KALSIS-appointed vendor.

Should Rebate Recipient take up the right of first refusal, KALSIS shall convey the home title upon full settlement less pro-rated rebate
(if applicable)

If the Rebate Recipient does not take up the right of first refusal, KALSIS will take the following actions:

• Dispose of the property and all of its contents at KALSIS’s own cost.
• Upon the sale of the property, distribute the pro-rated rebate to the Rebate recipient, if applicable.

Summary of Benefits:

• Year 1 lumpsum payout for healthcare – paid directly to the hospital.
• Monthly lifetime payouts for post-recovery retirement.
• Exclusive lifetime usage of home to age-in-place.
• Complimentary services include:
  • Basic home repairs and pest control.
  • Home insurance and fire safety devices.
  • Digital legacy planning tools.
  • More services to come.