Putrajaya relaxes rules for existing MM2H participants
KUALA LUMPUR (Oct 5): The government has relaxed its rules for existing participants of the Malaysia My Second Home (MM2H) programme after industry backlash to the revised criteria.
MM2H: New requirements may not attract ‘better quality’ participants, says MCA
PETALING JAYA (Oct 2): The new requirements for the Malaysia My Second Home (MM2H) scheme may not necessarily bring in "better quality" participants, The Star reported MCA spokesman Mike Chong saying yesterday.
Affordable homes: Let's be clear!
The move to control affordable home prices in urban areas by putting a cap on their secondary market values has sparked active debate in the real estate arena, especially among the industry stakeholders.
MM2H reopens despite lack of clarity
KUALA LUMPUR (Oct 1): Malaysia My Second Home (MM2H) programme is reopening today, but the excitement for the much-awaited reopening has been dampened by the lack of clarity concerning its revised regulations, said EdgeProp Malaysia editor-in-chief and managing director Au Foong Yee.
Scientex says FY21 net profit up 17.2% y-o-y to RM457m on record revenue, declares five sen dividend
KUALA LUMPUR (Sept 29): Scientex Bhd's net profit for the financial year ended July 31, 2021 (FY21) rose 17.
Report: 1,822 MM2H participants left the country for good between 2015 and 2019
KUALA LUMPUR (Sept 29): Up to 1,822 Malaysia My Second Home (MM2H) participants left the country for good between 2015 and 2019, Malaysiakini reported findings in the Auditor-General's Report 2019 Series 2.
MM2H: Coordination among agencies has to be enhanced, absence of letter of good conduct revealed - Auditor-General's Report
KUALA LUMPUR (Sept 29): Coordination between the Tourism, Arts and Culture Ministry (MOTAC) and the relevant ministries and agencies have to be enhanced in overseeing the Malaysia My Second Home (MM2H) programme, stated the Auditor-General's Report 2019 Series 2 This can be done by setting up an integrated system to boost the “effectiveness of the implementation, monitoring and evaluation” of MM2H, suggested the report, according to a coverage by the Malaysiakini news portal.
Government to implement ceiling price for affordable housing in secondary market
PETALING JAYA (Sept 28): Under the 12th Malaysian Plan (12MP), ceiling prices for affordable housing will be introduced in the resale market in order to control house prices, especially in the urban areas, MalaysiaKini reported today.
MM2H: Revamped requirements only for new applicants, but industry dialogue needed to solve core problem
PETALING JAYA (Sept 25): The latest announcement on Malaysia My Second Home (MM2H) has given an assurance to existing MM2H visa holders that the new rules will not affect their status, but industry stakeholders requested for more clarity and a review of the stringent rules.
Renovation: Get it right from the start
Mass housing development is the mass production of a few standard home designs that often fail to satisfy any actual house buyer’s need, thus inadvertently leading to the emergence of a spin-off industry known as “renovation”.
