Reformed MM2H programme boosts economy with nearly RM1 bil annual investments, says IQI
The Malaysia My Second Home (MM2H) visa programme now drives almost RM1 billion annually in investments, underscoring its success.
The Malaysia My Second Home (MM2H) visa programme now drives almost RM1 billion annually in investments, underscoring its success.
Noteworthy:
When: December 2024
There will be 150 new projects in total planned, and 95% of them are landed homes, according to the EdgeProp 2025 new-launches report.
According to the Inland Revenue Board of Malaysia (IRBM), the e-invoicing mandate applies to all individuals and legal entities, including associations and bodies of persons.
Minister of Tourism, Arts and Culture Datuk Seri Tiong King Sin has emphasised that the Malaysia My Second Home (MM2H) programme is not meant only for Chinese nationals but is open to applicants from any country worldwide.
Following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3% on Thursday, economists project that the interest rate will remain unchanged for the rest of the year.
The supply of affordable housing in Selangor, priced at RM300,000 and below, is seeing a surge based on planned projects from 2025 onwards.
Bank Negara Malaysia (BNM) on Thursday kept the benchmark interest rate unchanged, as widely expected, amid its outlook for sustained economic growth and manageable inflation.
Noteworthy:
When: November 2024
Malaysia’s commercial real estate (CRE) market saw a strong recovery in 2024, in line with the global resurgence in property investment.