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BUSINESS

STATOS webinar on S-MM2H attracts 285 potential investors to Sarawak

02/06/2021 08:00 AM

KUCHING, June 1  -- A webinar on Sarawak-Malaysia My Second Home is yet another initiative by the Sarawak Trade and Tourism Office Singapore (STATOS) to attract housebuyers and long-stay visitors from other countries to Sarawak.

The webinar, which was held recently in collaboration with Sarawak’s Tourism, Arts and Culture Ministry (MTAC), Sarawak Housing and Property Developers Association (SHEDA) and Tourism Malaysia attracted 285 potential investors and retirees from the Southeast Asian region, as well as that of China, Hong Kong, Taiwan, Korea, and Australia.

“I believe our advertising message really struck a chord with our target market. People everywhere are spending more time at home, making it the perfect time to review their lifestyle choices,” STATOS deputy chief executive officer Putrie Rozana Soraya said in a statement today.

She said the event was promoted throughout Southeast Asia through a social media campaign and with the the aid of Tourism Malaysia’s regional offices reaching out to their database contacts.

The participants were informed that MTAC Sarawak is responsible for administering the S-MM2H visa programme where more than 1,300 long-stay visas had been granted to families and retirees in the last 14 years. 

MTAC permanent secretary Hii Chang Kee said to date, citizens from the United Kingdom, China, Taiwan, Indonesia and Singapore made up the top five source markets for Sarawak.

To make the application process faster and easier, MTAC has recently appointed 10 registered agents based in Sarawak who can submit applications and act as sponsors on behalf of overseas applicants.

“Sarawak is currently the only state in Malaysia still accepting applications for the S-MM2H programme and we have formed a new ‘one-stop-panel’ made up of multiple agencies to fast-track approvals within 90 days,” he said.

SHEDA representative and Regal International Group chairman Datuk Dominic Su said the association members throughout Sarawak would be able to assist in finding the right house for the buyers. 

“Buyers should make sure they also need to tell their chosen agents what kind of lifestyle they are seeking in order to get the best possible advice on location and property types within their price range,” he added.

-- BERNAMA

 

 


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