Hi guys.

We all know that in Malaysia a foreigner can buy a property with a value of not less than 600k, but my question is the following: if I want to buy 2 with a value of 800k both, can I? or does it have to be exclusively 600k for a single unit ?

Thank you so much

This post has been edited by MBCH: Mar 10 2022, 06:27 PM

Exclusive single unit / per S&P

call the lawyer...

Thank you

Land matters are under individual state. Each have their own policy.

Approval are at their discretions without having to give a reason.

However buyers can appeal.

So is it possible or no ?

To be honest i'm interested in KL, Selangor

The idea is to maximize instead of getting single unit at 600k, i prefer 2 at 800k for example

600k for a single unit i think its not so interesting

Foreign Property Ownership Limits By State

If you’re looking to buy KL property, the rules are different than if you’re buying property in Sarawak. To keep you up-to-date on the latest rules, we’ve created a quick reference guide (for residential properties only), as well as how MM2H applies.

Johor

Minimum Price

RM2 million (landed property in designated international zones)
RM1 million (high-rise/strata title property within non-international zones, except for Medini)

MM2H Price .....RM1 million

Kedah

Minimum Price

RM600,000 (Kedah)
RM1 million (Langkawi)

MM2H Price .....RM1 million

Kelantan

Minimum Price

RM1 million

MM2H Price .....RM500,000

Malacca

Minimum Price

RM1 million (landed title)
RM500,000 (high-rise/strata title)

MM2H Price

RM1 million (landed title)
RM500,000 (high-rise/strata title)

Negeri Sembilan

Minimum Price

RM1 million (overhang landed property)
RM600,000 (overhang high-rise/strata title property)

MM2H Price .....RM1 million

Penang

Minimum Price

Overhang landed property: RM1.8 million (island)
RM750,000 (mainland)
Overhang strata/high-rise properties: RM800,000 (island)/RM400,000 (mainland)

MM2H Price ......RM500,000

Perak

Minimum Price

RM1 million

MM2H Price .....RM350,000

Perlis

Minimum Price

RM500,000

MM2H Price ....RM1 million

Sabah

Minimum Price

RM1 million (landed property)
RM600,000 (high-rise property)

MM2H Price .....RM500,000

Sarawak

Minimum Price

RM500,000

MM2H Price .....RM300,000

Selangor*
(Additional criteria: Foreign buyers in Selangor are limited to landed properties with landed strata titles. Foreigners cannot buy properties at auction, or own agricultural land.)

Minimum Price

RM2 million

MM2H Price

RM2 million (for Zones 1 & 2)
RM1 million (for Zone 3)

Pahang, Terengganu

Minimum Price

RM1 million

MM2H Price ....RM1 million

Putrajaya, Kuala Lumpur, Labuan*

Minimum Price

RM1 million

MM2H Price ....RM1 million

*While there was an announcement in Budget 2020 for new price thresholds, the Malaysian government saw a sudden reshuffle in the leading party, which led to the thresholds remaining the same for now till there is an official announcement confirming it.

There are probably a few terms that are local to Malaysia in here, so let’s pick it apart:


https://www.propertyguru.com.my/property-gu...-malaysia-30975

This post has been edited by mini orchard: Mar 11 2022, 06:52 AM

Thank you for your answer, ok i see so the price still 1millions and the 600k not applied

for the MM2H its a long story, they are asking for 1 million RM saving account and a Salary of 10k, i was ready to buy if Govt give the right to live (foreigners with properties generally do not ask for work ) so at least give the right to live in the property like in Europe, in Spain if you buy a house you will have 1 year visa renewable (without work permit) and the foreigner will live and spend money and contribute to the country, but Malaysia they want to sell properties to foreigners but without letting them to live and spend their money in the country (go figure why)


Anyway my question was if in this case KL 1 Millions can buy 2 or 3 units or 1 Million is only for a single unit ONLY

As long is above the threshold, I dont think there is a restriction on number of units you can buy or sell then buy again.