Recently, Malaysia's Second Home Plan（MM2H has sparked widespread controversy due to new regulations in the West Malaysia region, with many potential applicants expressing dissatisfaction. However, this change unexpectedly pushed Sarawak to become a more favored alternative option.

The Second Home Plan is a plan launched by the Malaysian government to attract foreigners to come for long-term residence, consumption and investment. Specifically, this plan allows qualified foreigners to obtain long-term residence in Malaysia, enjoy similar welfare treatment to their own residents, and promote economic development and cultural exchanges in Malaysia.

The new regulations recently implemented by the Second Home Program in West Malaysia have raised the economic requirements for applicants, including higher fixed deposits and proof of overseas income. This change has increased the pressure on many potential applicants, who believe that the new regulations are not flexible enough and do not meet their financial situation.

The implementation of the new regulations has led many potential applicants to reassess their application intentions. Some applicants believe that the more affordable alternative offered by Sarawak is more in line with their needs.

According to the New Media English News NetworkCNA reports that the Sarawak Ministry of Tourism, Creative Industries, and Performing Arts expects,two thousand and twenty-fourThere will be650 people applied for the state's Second Home program, a number far exceeding the past average of about 148 approvals per year. At the same time, Sabah, which has just launched its second home plan, has also received a large number of inquiries, demonstrating strong market demand.

Sarawak's plan is more cost-effective, and individual applicants only need to haveA fixed deposit of RM150000 (approximately SGD 42998) and meeting the overseas income requirement of RM7000 (approximately SGD 2007) per month. For applicants over 50 years old, there is no need to purchase property, which undoubtedly increases its attractiveness. Sarawak's Second Home Plan document holders are also allowed to reside in the West Malaysia Peninsula, which further enhances its competitiveness. The pace of life in West Malaysia is faster, and the foreign community is more vibrant.

according toMalaysiaMinister of Tourism, Arts and Culture Datuk Seri Zhang Qingxin disclosed that as oftwo thousand and twenty-fouryearOn January 31st, there were over 56000 foreign nationals holding Malaysia's Second Home (MM2H) active visas, with over half of them being Chinese citizens. This is mainly because the Chinese came to Malaysia and found that Malaysia is very close in terms of language, diet and culture. So for many Chinese people, they can easily integrate into Malaysian society.

At present, most of the holders of Sarawak Second Home certificates are Chinese Mainland citizens, reaching373 people, followed by individuals from countries and regions such as the United Kingdom, Taiwan, Hong Kong, the United States, and Singapore. For applicants aged 50 and above, Sarawak's policy of not requiring the purchase of property is one of the important reasons for its popularity. These applicants often have ample pension funds but limited savings, and are more inclined to rent rather than buy a house.