SMM2H secures RM143.5mln in fixed deposits from Jan-Sept, China leads with 118 approvals

Infographic on Sarawak-Malaysia My Second Home's approved applications from January to September 2026. Photo credit: Sarawak Public Communication Unit (UKAS) YouTube.
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By DayakDaily Team

KUCHING, Oct 20: The Sarawak-Malaysia My Second Home (SMM2H) programme recorded 287 approved applications involving 490 participants from 31 countries between January and September this year, generating RM143.5 million in fixed deposits (FD) and RM1.49 million in processing fees.

China remained the programme’s largest contributor, accounting for 118 approved applications, or 41.1 per cent of the total approvals.

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Minister of Tourism, Creative Industry and Performing Arts Dato Sri Abdul Karim Rahman Hamzah, in his ministerial winding-up speech during the Sarawak Legislative Assembly sitting today, said the programme continued to support Sarawak’s strategy to enhance visitor arrivals and generate greater economic value.

“These collections are significantly higher than the FD and processing fees collected in 2025 which amounted to RM146.9 million and RM1.04 million respectively,” he said.

Other approved applications came from participants from the United States (28), Taiwan (19), the United Kingdom (18), Australia (13), Canada (13), Singapore (12), Japan (12), Hong Kong (nine) and South Korea (seven).

“This programme enables us to position Sarawak as a preferred destination for long-term residency, offering not only unique tourism experiences but also a high quality of life, cultural diversity and a welcoming environment,” he added. – DayakDaily

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