KOTA KINABALU: Some of the new conditions set for the Malaysia My Second Home (MM2H) scheme are “harsh” and could discourage investment in the country, says the Sabah Housing and Real Estate Developers Association (Shareda).
The association’s president Datuk Chua Soon Ping (pic) said the increase in the monthly offshore income from RM10,000 to RM40,000 is among the more “problematic” terms and could discourage potential applicants.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
