Does MM2H lead to Malaysian permanent residency?

No. MOTAC states that MM2H does not lead to permanent residency or citizenship.

Must an MM2H application use a licensed operator?

Yes. Current MOTAC guidance says applications must be submitted through an MM2H tourism operating company licensed by the ministry and processed through the MM2H One-Stop Centre.

Is a residential property purchase required under MM2H?

Current MOTAC guidance states that participants must purchase and own a residence after approval, subject to the minimum property value for their approved category.

Penang coastal living near Waterstone Residence

Malaysia My Second Home · Penang

A Penang home for your next chapter in Malaysia.

For international buyers exploring MM2H, Waterstone combines a freehold Tanjung Bungah address with family-sized homes, established amenities and everyday access to the island.

Understand the essentials

Waterstone & MM2H

Property is one part of the decision. The right home should also fit the life you want to build in Penang.

Waterstone Residence offers freehold homes from 1,334 to 2,152 sq ft, with indicative pricing from RM1.2 million. That range may align with different MM2H property thresholds depending on the selected unit and approved category.

Sea-view and hill-view layouts, three- and four-bedroom options, and only six residences per typical floor make it particularly relevant for families, retirees and buyers planning longer stays.

Current programme overview

What MM2H buyers should know first.

Eligibility

Long-term residence, not permanent residency

MM2H offers an eligible participant a renewable long-term social visit pass. It does not lead to Malaysian permanent residency or citizenship.

Application

Use a licensed MM2H operator

Current applications must go through a MOTAC-licensed MM2H tourism operator and the programme’s One-Stop Centre.

Property

A home purchase follows approval

Current rules require an approved participant to own a residence that meets the property threshold for the relevant MM2H category.

Silver

5-year pass

MOTAC currently lists a RM600,000 minimum residential property value for the Silver category.

Gold

15-year pass

MOTAC currently lists a RM1 million minimum residential property value for the Gold category.

Platinum

20-year pass

MOTAC currently lists a RM2 million minimum residential property value for the Platinum category.

Programme rules can change and approval remains with the relevant Malaysian authorities. Check the latest requirements with a licensed MM2H operator and the official MOTAC MM2H portal.

A clearer buying journey

Move from interest to the right Penang home.

Confirm your MM2H route

Discuss eligibility, category and timing with a licensed MM2H operator.

Set the property brief

Decide your preferred budget, view, floor, bedrooms and intended use.

Compare available homes

Review Waterstone layouts and shortlist units that fit the category and lifestyle.

Coordinate the purchase

Proceed with your appointed legal, banking and MM2H professionals.

Continue readingBuying property in Penang

A practical guide to choosing a location, layout, view and buying team.

Explore WaterstoneTanjung Bungah location

See nearby markets, schools, healthcare and lifestyle destinations.

Waterstone enquiries

Shortlist a home that fits your plans.

Ask for current prices, available units, floor plans and private viewing times.

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