Sabah's MM2H scheme will spur local housing sector, says Gunsalam

KOTA KINABALU: Sabah expects an economic spur in the housing sector with the implementation of its Malaysia My Second Home scheme, Deputy Chief Minister II Datuk Seri Dr Joachim Gunsalam.

The state expects bigger returns the Sabah-Malaysia My Second Home (SBH-MM2H) initiative participants, Dr Gunsalam, who is also state Local Government and Housing Minister, said when officiating the roof-topping ceremony of the Coral Bay @ Sutera organised by GSH Corporation Limited and China Railway Construction Group (CRCG) (M) Sdn Bhd here on Thursday (June 1). "The state will benefit economically through property purchases, the inflow of funds and the stimulation of the local economy," he said.