Sabah should have own guidelines for MM2H, says developers' association


Datuk Chua Soon Ping . - Filepic/The Star

KOTA KINABALU: Sabah should have its own set of guidelines for the Malaysia My Second Home (MM2H) programme or risk losing millions in investments, says the Sabah Housing and Real Estate Developers Association (Shareda).

President Datuk Chua Soon Ping said the state government should not follow the new terms set by the Federal government which, among others, includes a large increase in monthly income and fixed deposits to be paid by interested foreigners.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

SMG wins big at CIDB Media Awards
Hannah thanks PM for new ministerial role, wishes the best to Youth and Sports Ministry
Cambodia, Thailand agree to attend Asean Foreign Ministers meet in KL, says PM
Court allows Sapura founder's son to file objection over hibah confirmation
PM urges Media Council to recommend reforms for greater media freedom
LRT Mutiara Line: Partial lane closure at Jalan Sultan Azlan Shah, Tun Dr Lim Chong Eu Expressway
Pahang floods: Hundreds of students evacuated as two Pahang educational institutions affected
Senate passes Bill requiring submission of passenger details at entry points
Penang JKM tracing next of kin of two 'abandoned' babies
Fuel prices Dec 18-24: RON97, unsubsidised RON95, diesel down

Others Also Read