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
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
