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Foreigners Invest in Malaysia Property Malaysia has a minimum purchase requirement is RM1 Million (about US$225,000 as of early 2017). But in the State of Selangor it’s RM2 Million and foreigners may only purchase landed properties if they’re in gated communities. This price was raised several times before with the latest update back in 2014. In addition, foreign buyers may not own land designated as “Bumiputra only” – Bumiputra meaning ethnic, Muslim Malays. They also cannot