Kuala Lumpur towers, where the minimum purchase price for a foreigner is set by state

Malaysia's minimum purchase price for foreigners, state by state, and how old each figure is.

Malaysia's price floor. State by state. Dated. Brinkman Data brand card.

// Short answer

There is a minimum purchase price for a foreign buyer in Malaysia, and it is set state by state. RM1,000,000 is the federal benchmark and the most common state figure, not the bottom of the range: the published residential floors run roughly RM400,000 to RM3,000,000. The consolidated table below is stated as at October 2024, and floors change, so confirm yours with the state authority.

Rules and rates as of September 2026. Malaysia's minimum purchase prices for foreign buyers are set state by state, and the most recent consolidated all-states table is stated as at October 2024, so confirm the current figure with that state authority before you rely on it. Every figure links to its source.

Is there a minimum property price for foreigners in Malaysia?

Yes. Each state sets a minimum purchase price for a foreign buyer, and the federal property acquisition guideline sets its own benchmark of RM1,000,000 per unit. RM1,000,000 is the most common state figure. It is not the bottom of the range. On the published table the residential floors run roughly RM400,000 to RM3,000,000.

The accurate sentence is short: one million is the usual number, it is set state by state, and it moves hard in both directions. Wording such as starting at around a million is wrong, because it points at the wrong end of the range.

These floors are policy, not statute. There is no minimum purchase price anywhere in the National Land Code. Part 33A creates a consent requirement and a levy power and sets no price, which is why the figures move without any amendment to the Code. The statute side: foreign land ownership in Malaysia, explained.

Where does this table come from, and how current is it?

Every row is transcribed from the state-by-state table at the end of Bar Council Malaysia Circular No 444/2024, dated 23 December 2024, which notes immediately above the table that the information is as at October 2024. That is the most recent consolidated, named-institution, all-states table published. Floors are set by state and can change.

Read that dating literally. The figures below are the position as at October 2024, not a live 2026 quote. Two checks were made before publishing them. The Bar Council's own index of conveyancing circulars lists nothing newer than 444/2024 on this subject, and searches for a 2025 or 2026 successor circular returned only 444/2024. A named law firm published a matching state threshold table on 7 October 2024, so two sources agree on the October 2024 position.

The Bar Council attaches its own disclaimer to the table: the information is for informational purposes only, should not be considered accurate, comprehensive or authoritative, and readers are advised to consult the relevant state authority for changes to the requirements and conditions imposed on foreign acquisition. That disclaimer is the reason every figure on this page is date-stamped rather than presented as today's number.

Before you rely on a figure, confirm it with the land office or state authority of the state you are buying in. At least one row has already expired on its own terms, and several rows carry no effective date at all.

Minimum purchase price for a foreign buyer, state by state

All figures below are in ringgit and are stated as at October 2024, per Bar Council Malaysia Circular No 444/2024. Each row keeps the conditions the source attaches to it, because in several states the condition matters more than the price. Confirm any figure with that state's authority before relying on it.

State or zoneResidential minimum (RM)Commercial (RM)Industrial (RM)AgricultureConditions stated in the source
Perlis500,000Not statedNot statedNot statedNot stated
Kedah1,000,0001,000,0001,000,000Not permitted except by State Authority exceptionResidential off limits: single-storey terrace, low-cost house, Bumiputera-quota house, auctioned properties, Malay Reserved Land. Commercial off limits: single or double-storey shop, low-cost shop, stalls, service workshop, auctioned properties, Malay Reserved Land. Industrial off limits: Malay Reserved Land. A levy is imposed on foreigners upon State Authority approval.
Penang island, direct from developer (overhang units)Strata 700,000, landed 1,500,000See Penang conditionsSee Penang conditionsNot permitted save by State Authority exceptionHistorical. These figures applied only to sale and purchase agreements signed between 1 January and 31 December 2024 under Penang's Home Ownership Campaign.
Penang island, subsaleStrata 1,000,000, landed 3,000,000Not statedNot statedNot statedLevy imposed on approval. A foreigner may only sell commercial and industrial property 3 years after the date of the sale and purchase agreement. All properties sold by auction are off limits.
Penang mainland (Seberang Perai), direct from developer (overhang units)Strata 400,000, landed 750,000Not statedNot statedNot statedHistorical. Same 2024-only campaign window as the island overhang figures.
Penang mainland (Seberang Perai), subsaleStrata 500,000, landed 1,000,000Not statedNot statedNot statedNot stated
Perak Zone 1 (Ipoh)Leasehold of 60 years only, freehold not permitted. Direct from developer: landed and landed strata 700,000 > 2,000,000; strata 500,000 > 2,000,000. Subsale not permitted, landed or strataDirect from developer 1,000,000; subsale 1,000,000Direct from developer 1,500,000; subsale 3,000,000Homestead only, 1,000,000As of September 2023, non-citizens and foreign companies cannot acquire, own, hold or inherit freehold properties. Agricultural land for the Homestead concept only.
Perak Zone 2 (Manjung, Taiping, Teluk Intan, Tanjong Malim, Kampar, Batu Gajah, Kuala Kangsar)Leasehold only. Direct from developer: landed and landed strata 500,000 > 1,500,000; strata 350,000 > 900,000. Subsale not permitted1,000,000 direct and subsale1,500,000 direct; 3,000,000 subsaleHomestead 1,000,000As Zone 1.
Perak Zone 3 (Kerian, Perak Tengah, Tapah, Pengkalan Hulu, Gerik, Lenggong, Selama)Leasehold only. Direct from developer: landed and landed strata 300,000 > 1,000,000; strata 350,000 > 750,000. Subsale not permitted800,000 direct and subsale900,000 direct; 3,000,000 subsaleHomestead 800,000As Zone 1.
Selangor Zone 1 (Petaling, Gombak, Hulu Langat, Sepang, Klang)2,000,0003,000,0003,000,000Not permittedStrata and landed-strata titled properties only; landed individual titles are not permitted. Industrial requires a manufacturing licence from MITI. All properties sold by auction, and agricultural land, are off limits.
Selangor Zone 2 (Kuala Selangor, Kuala Langat)2,000,0003,000,0003,000,000Not permittedAs Zone 1.
Selangor Zone 3 (Hulu Selangor, Sabak Bernam)1,000,0003,000,0003,000,000Not permittedAs Zone 1.
Federal Territories: Kuala Lumpur, Putrajaya, Labuan1,000,0001,000,000, restricted to foreign companies incorporated in Malaysia1,000,000, same restriction1,000,000, same restrictionNot stated
Negeri SembilanStrata 600,000 and above; landed strata 1,000,000 and above; landed 1,000,000 and above2,000,000 and above2,000,000 and above, MITI manufacturing licence requiredJoint-venture high-impact agriculture project only, not involving acquisition of property by foreignersFreehold and leasehold tenures. Exceptions for love-and-affection transfers between immediate family members, small-estate orders and court orders. Off limits: Malay reserved land, tanah adat, Bumiputera lot, low-cost and low-medium-cost residential and commercial property, auction properties. State Authority approval is required even where the title carries no restriction in interest.
MelakaLimited to 2 units. Strata 500,000 and above; landed, including landed strata, 1,000,000 and aboveLimited to 3 units. 1,500,001 and above; 3 storeys and above, and each storey cannot be purchased separately; 30-year lease over Malacca Customary LandNot stated as a separate figureNot permitted except for a development purpose through government privatisation. A lease over agricultural land is permitted at 1,000,000 or land area in excess of 15 acresMaster-title property without separate strata titles is permitted subject to State Authority approval. Residential off limits: low-cost and low-medium-cost residential and commercial, single-storey or one-and-a-half-storey terrace, units allocated to Malay buyers in a development, auction properties, Malacca Customary Land. Commercial off limits: shop or shop-office under 3 storeys, auction properties, petrol stations, except a 30-year Malacca Customary Land lease. Residential and commercial cannot be transferred or leased within 5 years of registration of the Form 14A transfer, and a registrar's caveat is lodged for 60 months. Property in the Heritage Zone in Malacca is not permitted. Inheritance by a non-citizen is at the State Authority's discretion.
Johor1,000,000 and above, direct from developer or subsale1,000,000 and above, direct or subsale1,000,000 and above, direct or subsale1,000,000 and above, or land area more than 15 acres, whichever is higherResidential off limits: single-storey or one-and-a-half-storey terrace. Commercial off limits: shop or shop-office under 3 storeys, stalls, service workshops. Agriculture off limits: homestead-concept development. Transfer by way of love and affection is permitted without restriction but subject to a levy of 10,000 for each title. Transfer under the Distribution Act or a court order is permitted without levy, except for Malay Reserved Land. Units allocated to Bumiputera in a development are off limits unless exempted by the Johor State Secretary's office (Housing Department). Property gazetted under the Akta Warisan Kebangsaan 2005 is off limits.
Pahang1,000,000Not itemised separatelyNot itemised separatelyNot permittedAll acquisitions by foreigners are subject to state executive council (EXCO) approval. A levy is payable.
Terengganu1,000,000Not statedNot statedNot permittedNot stated
Kelantan500,000Not statedNot statedNot statedNot stated
Sabah1,000,0001,000,000, restricted to foreign companies incorporated in Malaysia, including property intended for tourism useSame restrictionNot statedSabah sits outside the National Land Code. Its own land legislation applies.
Sarawak500,000Not statedNot statedNot permittedSarawak sits outside the National Land Code. The Sarawak Land Code applies. A second published source gives a different figure for Kuching Division, set out further down this page.

Three reading notes, so the table is not misread:

Which states sit below RM1,000,000, and which sit above?

Below, on the October 2024 table: Perlis, Kelantan and Sarawak at RM500,000, Melaka strata and Penang mainland strata at RM500,000, Negeri Sembilan strata at RM600,000, and Perak's Zone 2 and Zone 3 developer strata bands from RM350,000. Above: Selangor Zones 1 and 2 at RM2,000,000, and landed subsale on Penang island at RM3,000,000.

That is the whole point of the page. The spread is roughly RM400,000 at the low end, which was a Penang mainland developer overhang strata unit under the 2024 campaign, to RM3,000,000 at the high end for landed property on Penang island. RM1,000,000 sits in the middle.

Two cautions on the low end. First, several of the sub-RM1,000,000 figures are strata-only figures, so the landed number in the same state is higher. Second, the federal guideline benchmark of RM1,000,000 is printed in the same circular as those lower state figures, so a low figure needs a current confirmation from the state authority before you plan around it.

Why does the federal figure say RM1,000,000 when some states publish less?

Because there are two published layers. The federal property acquisition guideline, administered by the Economic Planning Unit under the Ministry of Economy, states that foreign interests may not acquire property valued at less than RM1,000,000 per unit. Several state authorities publish and approve residential floors below that. Both appear in the same Bar Council circular.

This page states both and stops there. No reconciliation is published in a primary source that could be read, and the Ministry of Economy's guideline page did not load when it was checked, so the guideline's own current text and its appendix of exemptions were not read.

What to do about it: ask the state authority of the state you are buying in what the current floor is, and get the answer in writing before you commit. That is the only way to settle which layer applies to your purchase.

Which of these figures have already expired?

Two sets. Penang's developer overhang figures, which the source ties to sale and purchase agreements signed between 1 January and 31 December 2024 under the state's Home Ownership Campaign, and the RM1,500,000 Selangor strata figure still in circulation, which came from a temporary measure that ran for 2020 only.

The Perlis, Kedah, Selangor, Federal Territories, Negeri Sembilan, Johor, Pahang, Terengganu, Kelantan and Sabah rows carry no effective date of their own. They are dated only by the table's as at October 2024 note.

Sarawak: two published figures, both reported

The Bar Council's table gives Sarawak residential RM500,000 with no division-level split. Sarawak-specific legal commentary citing the Land (Market Value of Property for Foreign Acquisition) (Amendment) Direction 2019, made under section 13E(2)(c) of the Sarawak Land Code, gives RM500,000 throughout Sarawak except Kuching Division, where the market value must not be less than RM600,000.

Both figures are printed here with their sources. Neither is averaged and neither is preferred, because the 2019 Direction was not read in original. If you are buying in Kuching Division, that RM100,000 difference is the thing to settle with the Land and Survey Department Sarawak before you sign.

Two further points from the same Sarawak commentary, reported and not confirmed against a Sarawak government page: the test is market value as determined by the Land and Survey Department Sarawak rather than the price paid, and a foreigner may only purchase in their own name, not jointly with a Malaysian citizen including a spouse.

Are the MM2H property minimums the same thing as a state floor?

No. They are a separate programme's own requirements. Malaysia My Second Home makes buying and owning a residence compulsory after approval, and the official category sheet sets the minimum property price at RM2,000,000 for Platinum, RM1,000,000 for Gold and RM600,000 for Silver. Those are MM2H conditions, not a discount on a state floor.

Dated detail from the programme, so the figures can be checked. MM2H is run by the One Stop Centre at the Ministry of Tourism, Arts and Culture. Its announcement of 28 May 2025 gives Platinum, Gold and Silver participants one year from the date of pass endorsement to complete the house purchase, and states that for the special economic and financial zone category the purchase must be in Forest City, Johor, direct from a Forest City developer. The official guide also states that selling the residence is not allowed for 10 years unless it is to upgrade to one of higher value.

On the widely repeated claim that Medini or Forest City are exempt from the Johor RM1,000,000 floor: no statute, state gazette or Bar Council confirmation of an exemption was located, and the government's own MM2H guide points the other way. Its special-zone page states the purchase obligation with the floor price subject to Johor state property acquisition policy, which defers to the state floor rather than waiving it.

Whether the federal guideline's appendix exempts MM2H purchases from the RM1,000,000 benchmark could not be checked, because the Ministry of Economy page would not load. So the MM2H figures stay on this page as MM2H's own requirements and nothing more.

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Frequently Asked Questions

What is the minimum property price for a foreigner in Malaysia?
It is set state by state. RM1,000,000 is the federal benchmark and the most common state figure, and on the consolidated table stated as at October 2024 the published residential floors run roughly RM400,000 to RM3,000,000.
How old are these state minimum price figures?
They are stated as at October 2024, from Bar Council Malaysia Circular No 444/2024 dated 23 December 2024. It is the most recent consolidated all-states table published. Floors are set by state and can change, so confirm yours with that state authority.
Which Malaysian state has the lowest minimum price for foreigners?
On the October 2024 table, RM500,000 appears in Perlis, Kelantan and Sarawak, and for strata in Melaka and on Penang's mainland. Negeri Sembilan strata is RM600,000, and Perak's Zone 2 and Zone 3 developer strata bands start at RM350,000. Confirm any of these with the state before relying on it.
Is the minimum price RM2 million in Selangor?
On the October 2024 table, RM2,000,000 in Zones 1 and 2 and RM1,000,000 in Zone 3, which is Hulu Selangor and Sabak Bernam. The RM1,500,000 strata figure still in circulation came from PTG Selangor Circular 2/2020, a temporary measure that ran for 2020 only and has expired.
Are Medini and Forest City exempt from Johor's minimum price?
No exemption was found. The official MM2H guide states the special-zone purchase obligation with the floor price subject to Johor state property acquisition policy, which defers to the state floor. No statute, gazette or Bar Council confirmation of an exemption was located.
Does MM2H lower the minimum price a foreigner must pay?
MM2H sets its own compulsory purchase minimums, RM2,000,000 Platinum, RM1,000,000 Gold and RM600,000 Silver, from the official category sheet. Those are programme requirements, not a state floor, and whether the federal guideline exempts MM2H purchases could not be confirmed.

Header photo: AyyanD, CC BY-SA 4.0, via Wikimedia Commons. All credits: image credits.

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Brinkman Data Analytics is an independent research service. Not financial, investment, tax, or legal advice. All yield figures are estimates based on historical research data and are not guaranteed. International real estate carries risk of partial or total loss of capital.