PETALING JAYA: The property sector has likely entered a new upcycle supported by the revised guidelines for the Malaysia My Second Home (MM2H) programme, which could boost demand for homes in the country.
According to Hong Leong Investment Bank (HLIB) Research, the revised MM2H conditions are expected to renew interest in MM2H and this could positively impact the property sector, especially on the high-end segment.
“We understand that developers and foreign property purchasers alike have been adopting a wait-and-see approach pending the announcement from government on the new MM2H conditions.
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