THE recent proposal announced by the Government to control foreign ownership of properties may cause potential Malaysia My Second Home (MM2H) participants to shy away from Perak.
Hibiscus New Lifestyle (MM2H) Sdn Bhd managing director Gloria Choong said many were a having second thought about settling down in Perak after Prime Minister Datuk Seri Najib Tun Razak announced the proposal to increase the floor price of property ownership by foreigners from RM500,000 to RM1mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
