Malaysia's MM2H Visa Returns: Impact on Property Market

MM2H Revival Boosts Malaysian Property

Malaysia's revised My Second Home (MM2H) visa program is showing tangible impact on the property market, with a 20% increase in foreign buyer transactions in Q1 2026 compared to Q4 2025.

Revised Program Details

• Silver Tier: RM500,000 minimum fixed deposit, RM600,000 property purchase
• Gold Tier: RM1 million fixed deposit, RM1 million property
• Platinum Tier: RM2 million fixed deposit, RM1.5 million property

Market Response

Kuala Lumpur's Mont Kiara, Bangsar, and KLCC areas saw the most foreign buyer activity. Penang's George Town heritage area attracted strong interest from European retirees, while Johor Bahru benefited from Singaporean buyers.

Price Trends

Average property prices in MM2H-popular areas rose 4-6%, reversing several years of stagnation. The luxury segment (RM2M+) saw the strongest demand, particularly for serviced apartments and gated communities.

Comparison to Thailand

While Thailand offers lower entry costs for property, Malaysia's MM2H provides a clearer path to long-term residency. Buyers increasingly see the two markets as complementary rather than competitive.