there are 42k mm2h residents here in malaysia, do you think it will have any major effect on property price lol, property price is mainly due to inflation and weakening of currency lar

I knew of MM2H participants in early stage only spent around RM300k for PG island condo. Seldom stay here, but they definitely benefited from condo price hike in the later years should they sell out their unit even at current gloomy market.

Actually, got 2 killer areas..

1. RM40K per month income
2. 3 months stay per year

These 2 together are killers. First, not many have passive 40k income. If they are working, rm40k is quite achievable BUT they need to satisfy 3 months stay per year! How to keep the job and still satisfy 3 months stay? Some of them work oversees and relocate their family here for education and medical and low cost of living. The 3 month requirement killed them off.

wah again.. damn bodoh.

MM2H and foregin worker policy is two different thing. B50/B60 is what we should be tackling not MM2H bangau. instead of reviewing the low end foreign workers and empowering our own B50/B60 to take up the jobs/role we go and do stupid things like putting such restriction to MM2H policy to limit others from enjoying what's in our country.

Rubbish country and many city highest crime in the world. Tot rich peoples want to stay in Malaysia? In your dream

Who want to try best racing track in the world, can try mm2h. Those not renewing probably tried liao, and time to move on

Bring in more Bangla and Muslim to Malaysia then for the sake to hold highest crime in the world

alot of idiots don't understand. MM2H will not or never did directly impact the price of our property... damn stupid la these ppl.

42k vs the millions of housing and hundreds of thousand vacant property in malaysia.. and they are saying MM2H is the sole contributor for these inflation.. Really joker.

Developers were in frenzy building ever more pricier units to profit from MM2H in earlier years. The whole prop market is inter-related. Impossible to have zero spill over effect.

No, but we need their money as they buy and shop in here.

And the property. Imagine the property bubble burst when they leave

it won't again you better school yourself in understanding why developing nation property prices would actually hike up.

Only places like Bandar Iskandar in Johor would be impacted the rest of the places there wouldn't be much movement.

Well, last I heard, months back, Thai also chasing out foreigners with new requirements.

Also some foreigners especially Americans don't like the vibe or Americanised culture in Philiphine.

U cannot be a civilised forumer discussing a topic without calling others bodoh? You wanna be the only right person why u bother come to a forum? Bye.

bumi oren kite in the end

nop... they did not they renewed their visa policy as many actually abuse the visa to teach in thailand to be there without even having to have xxx income back in their country or xxx investment in thai. they just merely tighthen for a few type of visa policy due to the abuse.

Instead of bringing in people who will spend and can contribute, who can bring up the standard of living, we're doing the opposite
Actually not surprising, its just a continuing trend to bring this country downhill.

Sikit sikit lama jadi lubang besar

This post has been edited by cablesguy: Sep 30 2021, 12:41 PM

well simple because your argument is base on your thought without even looking into the figures. again how many MM2H folks living here in malaysia. Do you know how many empty units of property we have here in malaysia? Do you know what's the percentage of property being built for those over a million dollar vs the ones selling for the average malaysian?

If you are spewing shit should i be calling you clever? damn.

And again those retiree down here.. they are basically nomads.. they will be renting not buying cause they wouldn't want to be tied up having properties here as they will be leaving anytime when somewhere offers better. So you better wake up.

the only group whom will be buying are most likely the hongkies and singaporean but how large is their population part of MM2H. You still think they directly inflate the property price?

It's not even a debate when your just spewing shit with your own opinion without really looking into the real reason of why property price inflated in the first place.


and hey.. if you can't take the heat don't be in kopitiam la.. strawberry betul.

This post has been edited by kidmad: Sep 30 2021, 12:44 PM

Let say u are right and we try to look at the historical trend, in 2009 condo in taman melati pv3 sold for around 280k per unit. At that time exchange rate was around 3.5. Fast forward 2012 i remember viewing the units and most owner try to sell at 400+. Currency strengthen to 3.2 but price shoot up?

That is the period of illogical property boom in KL due to illogical euphoria from property agents and young ppl to make quick bucks.

Ok fast forward to 2021. Most condo in pv3 still sells for around 400-550k when exchange rate deteroriate to 4.2. Currency weaken but price only increase a bit?

This is just example of exchange rate and inflation is not the main factor of property price increase. Its always about the demand, price people can afford and bank lending policy.

This post has been edited by iconia17: Sep 30 2021, 12:46 PM

group of my Japanese friends, 4 out of 7 of them are moving out back to Japan.

not sure what abuse you mean.
if you mean illegal immigrants like Bangla and indowho abuse visa/overstay, there are plenty.