I would say depends on how confident you are on the company, job scope and prospective clients in Malaysia. I've been in this situation.
HQ = US (global sales >USD1 billion/year)
Asia HQ = Singapore (20+ staff, then expand to 50+)
KL = 3 (including me)
Initially, we all work from home. Everything is delivered to my home. We communicate using email, skype and mobile h/p (call/sms). When there is a need to go out, then only change clothes
If there is a need to meet up among local colleagues, then we do it at Starbucks, Coffee Bean, Secret Recipe, etc. especially those with free WiFi. We choose wherever we want to go, from KL, PJ, Sunway, etc.
BTW, all meals and drinks are claimable when we meet up, since we do not have an office.
If Asia director comes over, on average once in 2-3 months, we'll meet at the hotel wherever it is. Meeting is done at restaurant together with breakfast/lunch/dinner. Sometimes will be at the business suite/lounge (e.g. KL Ritz 19th floor), where there is a small section of snacks (we sapu all) and order whatever drinks we want. The meeting can last whole day just for 4 of us (3+1), longest 9am-9pm. We have all 3 meals + 2 tea break at the hotel with the discussion on-going, it is not fun though. The only time to relax is goto washroom. Parking = free chop also. All include into director's stay there
But of course, it'll be an intense and pressure-cooker grilling session (but that's not the point here)
All claims are done ourselves, then courier to SG. SG office will TT (swift) end of next month together with salary. We've to do local conversion and claim/pay back +/- extra.
Basically, there is not much difference with working in office, just need to be very independent and responsible. Also, no one will watch over you, but performance must keep coming. No one cares if we have 2 hours lunch, followed by tea/movie and go back home at 4pm. Sometimes whole day not working and doing own stuff also. Bottom line (like your case), must deliver results. Also, after 2-3 months, things start to stabilize and operations will be quite routine.
Also, we can have conf call anytime, depending on the time zone. 12am-2am is common.
AL and MC is not a big concern, since the working hours are so irregular.
Later on, we start to look into service-office. Then finally move into a small office, but we're rarely in the office, just for the address sake (physical office).