Bullish on SMM2H, PropNex Sabah wins National Real Estate Awards 2024 awards
Published on: Tuesday, August 13, 2024
By: David Thien
Kuala Lumpur: In a grand ceremony held recently at the Majestic Hotel Kuala Lumpur, PropNex Sabah once again was recognised with awards at the National Real Estate Awards 2024 (NREA).
Real estate agencies and practitioners in Sabah are bullish that the Sabah Malaysia My Second Home Programme (SMM2H) will help to boost their business in 2024 and beyond.
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With the announcement of the Sabah MM2H program, which offers incentives to overseas clients, PropNex Sabah is poised to facilitate more fruitful transactions in 2024.
The prestigious NREA event recognized the outstanding achievements of real estate agencies, with PropNex Sabah standing out as a shining example of excellence in the industry.
Realtor Stephon Chong, a recipient of the Multi Million Award, attributed his success to the unwavering support and training provided by the company.
He emphasized the importance of international training in boosting confidence and expanding reach in the global market.
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Kenneth Chai, winner of the Industrial REN Award Sabah State of the year, highlighted the bullish market in Sabah, fuelled by a surge in local and overseas interests.
Clients are optimistic about Sabah’s potential for growth, buoyed by government initiatives aimed at boosting the real estate sector.
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Philomena Chai, the Agency Leader for PropNex Sabah, expressed gratitude for the recognition received at NREA the Residential Firm Sabah State of the year.
She emphasized the importance of providing top-notch service to clients, especially in helping them secure their dream homes.
Philomena also noted the continued positive impact of the stamp duty exemptions for first-time homebuyers announced in 2023, which eased financial burdens for many young buyers.
Looking ahead to the remaining months of 2024, Philomena Chai expressed cautious optimism about the bullish real estate market in Sabah, driven by key industries such as oil palm, oil & gas, and tourism.
Sabah’s allure as a holiday destination, boasting attractions like Mount Kinabalu and Sipadan Island off Semporna, continues to draw visitors from around the world.
The recent launch of the Wyndham Semporna Resort, the first international resort in Semporna, is expected to bring dynamic changes to the region.
The PropNex Sabah team is committed to maintaining its winning streak at NREA and providing exceptional service to clients, ensuring that their real estate needs are met with professionalism and dedication.
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