Comparative Table: Acquisition Of Property By Foreigners (updated

omparative Table: Acquisition Of Property By Foreigners

(updated to 29 March 2017)

State

Subject

JOHOR

MELAKA

SELANGOR

KUALA

LUMPUR

PENANG

Minimum

threshold

above which

foreigners

are permitted

to acquire

property

RM1,000,0000

RM500,000

STRATA

LANDED

RM500,000

RM1,000,000

*Applicable for

Malaysia My

Second Home (MM2H) Holders

as well

RM1,000,000

ZONE 1

ZONE 2

ZONE 3

AREAS

• Petaling

• Gombak

• Hulu

Langat

• Sepang

• Klang

• Kuala

Selang

• Kuala

Langat

• Hulu

Selangor

• Sabak

Bernam

Min

Residential

Price

RM2

million

RM2

million

RM1

million

Min

Commercial

& Industrial

Price

RM3million

RM1,000,000

FOREIGNER

MM2H*

HOLDERS

Strata Properties

- RM1 million on

the Island and

Mainland

RM500,000

RM250,000

Landed

Properties – RM

2 million on the

Island** and;

RM1 million on

Mainland

RM1

million

RM250,000

*Malaysia My Second Home (MM2H)

**An announcement was made on 17 march 2017 by the

Penang State Government that the minimum price for

landed properties on the island has been raised from

RM2 million to RM3 million.

Levy/

approval fee

2% of the transacted price

or RM20,000 (whichever is

higher)

2% on the transacted price or

RM20,000

(whichever is higher)

RM5,000 for love and

affection, gift or other

dealings not involving any

sale

Not Applicable

3% of the transacted price

Note: An announcement was made on 17 March 2017

by the Penang state government that they will be

lowering the levy fee from 3% to 1.5% for stratified

properties on the island costing between RM1 million

and RM1.5 million.

Properties

that can be

purchased by

foreigners*

• Purchases from

developer: Refer to

Appendix 1

• Purchases through sub-

sales:

Refer to Appendix 1

Purchases from developer

and through sub-sales:

Please refer to Appendix 2

• Residential units (under strata titles only)

• Commercial units

• Industrial lands/units

• Residential

units (landed

and strata)

• Commercial

units

• Industrial lands

/units

• Agriculture

Properties that do not fall under prohibited

categories listed below

State

Subject

JOHOR

MELAKA

SELANGOR

KUALA

LUMPUR

PENANG

land at least 5

acres for

purposes of (1)

agricultural

activities on

commercial

scale using

modern

technology; (2)

agro-tourism

projects; (3)

agricultural or

agro-based

industrial

activities for

production of

goods for

export

Limit on no.

of units

owned

Refer to Appendix 1

Foreigners shall not own

more than 1 residential unit

and 2 commercial units in

areas determined by the State

Authority through Mesyuarat

Jawatankuasa Belah bahagi

Tanah Negeri Melaka (JKBB).

No limit

FOREIGNER

MM2H HOLDERS

No limit

Limited to 2 properties

Properties

that are not

allowed to be

acquired by

foreigners

• Low cost and low

medium cost

residential

units/shops.

• 1 or 1 and a half storey

residential units.

• 1 or 2 storey Shop lots/

shops/ office.

• Properties allocated to

Bumiputra interest

• Low cost and low

medium cost residential

units/shops.

• 1 or 1 and a half storey

residential units.

• 1 or 2 storey shop lots/

shops/ office.

• Properties allocated for

Malays in a property

development project.

• Landed residential properties

• Agriculture land

• Malay reserved land

• Acquisition by public auction

• Properties allocated to Bumiputra

• Residential

properties

under low and

medium cost

• Malay reserved

land

• Acquisition by

public auction

• Properties

allocated to

• Low cost and low medium cost

residential units.

• Bumiputra quota lots.

• Properties on Malay reserved land.

• Land under an Order for Sale issued by

the Court/Public Auction (Section 256

and 260 of the NLC)

• Low cost shop lots.

• Stalls.

• Service Workshops.

State

Subject

JOHOR

MELAKA

SELANGOR

KUALA

LUMPUR

PENANG

(Bumiputra quota) in a

property development

project unless

exemption has been

granted by the SUK

Office, Johor (Housing

Division) or the State

Authority (where

applicable).

• Land under an Order

for Sale issued by the

court/public auction

(Section 256-260 of the

NLC)

• Properties on Malay

reserved land.

• Stalls/service

workshops.

• Agricultural land built

based on the concept of

homestead.

• Properties gazetted

under the National

Heritage Act 2005.

• Land under an Order for

Sale issued by the

court/public auction

(Section 256-260 of the

NLC).

• Ownership under

Malacca Customary Land

(MCL)

• Agricultural land except

for privatization

developments.

• Lands at Melaka Heritage

Area.

Bumiputra

Notes:

• The approval of the Economic Planning Unit is required if the transaction is: (a) a direct acquisition of property valued at RM20,000,000 and above, resulting in

the dilution in the ownership of property held by Bumiputra interest and/or government agency; or (b) an indirect acquisition of property through acquisition

of shares, resulting in a change of control of the company owned by Bumiputra interest and/or government agency, having property more than 50% of its total

assets, and the said property is valued at more than RM20,000,000.

• The above table is non-exhaustive and subject to further updates from time to time.

Appendix 1

Types of Properties and the Permitted Foreign Ownership Quota in Property Development Projects in Johor

CATEGORIES

TYPE OF BUILDING

MINIMUM PRICE

A. Building (Residential)

1. Double Storey and above Terrace Houses

2. Double Storey and above Cluster Houses

3. Double Storey and above Semi-Detached Houses

4. Double Storey and above Bungalow Houses

5. Vacant Lot for Bungalows

6. Condominium/Apartment

7. Holiday Home

RM1,000,000 and above

B. Building (Commercial)

1. Three Storeys and above Shop Houses

2. Three Storeys and above Shops/Offices

3. Office Space/Commercial Business Space/ Exhibition Space in a Commercial

Complex

4. Serviced Apartments

RM1,000,000 and above

C. Industrial

Foreigners are allowed to acquire properties under this industrial category with no

restriction as to the no. of unit of the same subject to:-

a. the said company being locally incorporated in Malaysia;

b. bumiputera released lot is permitted; and

c. state authority consent is obtained

RM1,000,000 and above

D. Agricultural

Foreigners are not allowed to acquire agricultural land except by way of lease.

Foreigners may apply consent from the State Authority to lease the said land for the

following purposes:-

1. to conduct a commercial agricultural activity using a high technology or modern

equipment; or

2. to conduct an agro-tourism activity; or

to conduct an agricultural activity or industry based on agriculture to produce

export products.

4. the period of the lease shall not exceed 30 years.

5. the Lessee shall be a locally incorporated company.

6. produce written comments from

Unit Perancang Ekonomi Johor and Jabatan

Pertanian Negeri Johor.

RM1,000,000 and above or more than 15 acres, whichever is

higher.

Appendix 2

Types of Properties and the Permitted Foreign Ownership Quota in Property Development Projects in Melaka