Revised MM2H requirements aim to attract more participants — Ahmad Zahid
The government has decided to amend several requirements for the Malaysia My Second Home (MM2H) programme to attract more foreign participants to the country.
The government has decided to amend several requirements for the Malaysia My Second Home (MM2H) programme to attract more foreign participants to the country.
Bank Negara Malaysia (BNM) has opted to keep the Overnight Policy Rate (OPR) stable at 3%, in contrast to some of our neighbouring countries such as the Philippines, Indonesia and Thailand, which have been increasing their rates for the past months.
The National House Buyers Association (HBA) views with concern the reports of a new public housing scheme by the Ministry of Housing and Local Government (KPKT) named Program Residensi Rakyat (PRR), where it was reported that the construction cost of each PRR unit will be raised to RM300,000, but will be sold only at RM60,000.
Malaysian property prices are expected to continue increasing significantly for the first half of 2024 (1H2024) due to challenges of rising cost of building materials, according to the Real Estate and Housing Developers’ Association (Rehda).
Noteworthy:
When: January 2024
Noteworthy:
January 2024
This method is based on the median income of residents by zone, state, and district obtained through the Household Income and Basic Amenities Survey Report 2022.
The two-month toll-free rides would be enjoyed by motorists entering the expressway from the Taiping Selatan, Trong and Beruas toll plazas from both directions.
The homeowners were presented the keys to their respective homes from minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa during the event.
EdgeProp Malaysia highlighted that Kajang’s home prices have been outperforming the national average, with an increase of 8% since 2010 compared to the Malaysian Home Price Index’s 6% growth.