Proposed ruling may affect growing MM2H interest in Perak


  • Community Premium
  • Friday, 01 Nov 2013

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.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Property , My Second Home

   

Others Also Read


Vouchers