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Malaysia – Buying Property

Legal Restrictions on Ownership or Sale of Property by Foreign Nationals in Malaysia

In Malaysia, foreign nationals are allowed to purchase property, but there are certain restrictions in place. For example, foreign nationals are not allowed to purchase certain types of properties such as agricultural land, low-cost housing, or properties designated for the use of Malaysians. Foreign nationals are also required to obtain approval from the Foreign Investment Committee before purchasing property.

Average Property Prices in Malaysia

The average property price in Malaysia varies depending on location, type of property, and other factors. In general, property prices in urban areas such as Kuala Lumpur, Selangor, and Penang tend to be higher than in rural areas. According to the National Property Information Centre (NAPIC), the average price of a house in Malaysia was MYR 441,974 (approximately $107,000) in 2019.

Popular Locations to Buy Property in Malaysia

Currently, some of the most popular locations to buy property in Malaysia include Kuala Lumpur, Selangor, Penang, Johor Bahru, and Melaka. These areas have a combination of developed infrastructure, good transportation, and a relatively high standard of living, making them attractive to both locals and foreigners.

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Upcoming Areas in Malaysia

There are several upcoming areas in Malaysia that are becoming increasingly attractive to property buyers. These include Iskandar Malaysia, a development region in Johor that is being developed as a new economic growth corridor, and the Forest City development in Johor, which is a large-scale project that includes residential, commercial, and tourism components.

New Trends in the Property Market in Malaysia

In recent years, there has been a trend towards more sustainable and eco-friendly development in Malaysia’s property market. Many developers are now incorporating features such as green roofs, solar panels, and rainwater harvesting systems into their projects. Additionally, there has been a trend towards more mixed-use developments that include residential, commercial, and retail components.

Is Buying Property a Good Investment in Malaysia?

Buying property can be a good investment in Malaysia, as long as you do your research and choose the right property. Malaysia has a relatively stable property market, with prices that have generally been increasing over the years. However, as with any investment, it is important to consider factors such as location, type of property, and market conditions before making a purchase.

Common Property Types in Malaysia

The most common property types in Malaysia include apartments, townhouses, and detached houses. These types of properties are found in both urban and suburban areas, and are popular among both locals and foreigners. Additionally, there are also luxury villas, rural properties and land only options for those who are looking for something more specific.

Once you have found a property in Malaysia, the following steps describe the typical house buying procedure:


  • A pre-purchase property inspection is not legally required in Malaysia.
  • However, it is recommended to have a professional inspection to assess the condition of the property.

Making an Offer

  • An offer can be made through a real estate agent or directly with the seller.
  • The offer should include the purchase price, payment terms, and any conditions of the sale.


  • A notary is not required in Malaysia.

Exchange of Contracts

  • Contracts are typically exchanged between the buyer and seller through their respective lawyers.
  • A deposit is usually paid at this stage.
  • The remaining balance is paid upon completion of the sale.

Reputable Lawyers

  • A reputable lawyer can be found through recommendations from friends or family, or by searching online.
  • Lawyers typically charge a fee based on their experience and the complexity of the case.
  • Lawyers do not need to be members of a professional organization when buying property in Malaysia.
  • The Malaysian Bar Council can provide information on registered lawyers in Malaysia.

Pitfalls and Problems in the House Buying Process

  • Expats often encounter language barriers and difficulties navigating local laws and regulations.
  • Property ownership disputes and fraudulent sales practices can also occur.
  • The process can be time-consuming and bureaucratic.

Purchasing Property Through a Company

  • It is possible to purchase property through a company in Malaysia.
  • This can provide additional protection and anonymity for the buyer.
  • However, the process can be more complex and costly.

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