Daily Industry News Update (15 September 2021)

INDUSTRY NEWS (15 SEPTEMBER 2021)

MM2H new rules a bane for property prices

THE number of property purchases by Malaysia My Second Home (MM2H) visa holders would hardly drive up property prices as each state has its own minimum purchase price for foreigners while some states set lower limits for MM2H visa holders.

MM2H: Putrajaya wants high quality participants, says Hamzah

The change in requirements for the Malaysia My Second Home (MM2H) scheme is to allow the country to “attract high quality participants who are genuine and can contribute positively to economic growth”, Home Minister Datuk Seri Hamzah Zainudin explained today.

Property market recovery. Multiplier effect on over 140 industries says Mah Sing.

The property market is expected to be on the recovery path in line with the gradual economic recovery, supported by the implementation of various government initiatives  and assistance,