MM2H vs PVIP

What are the differences between Malaysia My Second Home (MM2H) and Premium Visa Programme (PVIP)?

MM2H (after December 2021) PVIP
Monthly income proof RM40,000 RM40,000
Liquid assets proof RM1.5 million No mention
FD to place in Malaysia RM1 million RM1 million
Min. stay in Malaysia 90 days No mention
Duration 5 years renewable (No limit renewable) 20 years (5 + 5 + 5 + 5)
Application fee RM5,000 + RM2,500 for each dependent RM200,000 + RM100,000 for each dependent
Visa fee RM500 per year RM2,000 per year
Applicant age 35 and above No age limit
Do business in Malaysia Approval letter mention can work but with condition Can work and do business
Purchase property Free to purchase property with follow state government of foreigner buying threshold Free to purchase property with follow state government of foreigner buying threshold