Malaysia My Second Home (MM2H) Programme: A Decade in Review (2015-2024)
🏡 MM2H’s Growing Appeal Among Global Investors
The Malaysia My Second Home (MM2H) programme has remained a top choice for foreign property investors and expatriates seeking long-term residence in Malaysia. According to the latest government data, from 2015 to 2024, MM2H received 30,303 applications, with 22,282 approvals granted.
📌 Key Highlights:
✔ 2019 saw the highest applications (7,948), with 3,598 approvals.
✔ 2021 recorded the lowest numbers (100 applications, 77 approvals) due to the Covid-19 pandemic.
✔ China, South Korea, Japan, Bangladesh, and the UK ranked as top source countries.
📊 1️⃣ MM2H Programme Statistics (2015-2024)
Total MM2H Applications & Approvals:
📅 2015-2024: 30,303 applications, 22,282 approvals ✅
📅 2019 Peak Year: 7,948 applications, 3,598 approvals 📈
📅 2021 Pandemic Impact: 100 applications, 77 approvals 📉
📌 Top 5 Countries for MM2H Approvals:
🌏 China 🇨🇳 – 15,053 applications, 10,830 approvals
🌏 South Korea 🇰🇷 – 2,901 applications, 2,056 approvals
🌏 Japan 🇯🇵 – 2,057 applications, 1,675 approvals
🌏 Bangladesh 🇧🇩 – 1,669 applications, 1,081 approvals
🌏 United Kingdom 🇬🇧 – 994 applications, 747 approvals
💰 2️⃣ How MM2H Benefits Malaysia’s Property Market
🏡 Strong Demand for Residential Properties
✔ MM2H applicants invest heavily in real estate, particularly in Kuala Lumpur, Penang, and Johor.
✔ Luxury condos, landed homes, and serviced apartments are top choices among expatriates.
📈 Boosting Foreign Direct Investment (FDI)
✔ The MM2H programme injects billions into Malaysia’s economy through property purchases, fixed deposits, and local spending.
✔ The revival of MM2H in 2024 is expected to attract more foreign investors into the property market.
💼 Job Creation & Economic Growth
✔ Increased demand for property management, tourism, and local businesses.
✔ MM2H participants contribute to long-term rental demand and business expansions.
🌍 3️⃣ Future Outlook: Is Now the Best Time to Apply for MM2H?
📌 Why 2025 is the Right Time for MM2H Applicants
✔ Malaysia’s real estate prices remain competitive compared to regional markets like Singapore and Hong Kong.
✔ Visa-free travel incentives for Chinese tourists will boost demand for MM2H properties.
✔ The government’s renewed focus on FDI and property incentives makes Malaysia an attractive investment destination.
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