You may find more updated info from the following link
http://napic.jpph.gov.my/portal/content/Publication_PDF/HPI/MPHI%20Q3%202012.pdf
Foreign Investment Overview
Guideline on Acquisition of Property
With effect from 1 Jan 2010, foreigners can only buy residential property valued at more than RM500,000 and do not need approval from Economic Planning Unit (EPU), Prime Minister’s Department . This condition supersedes the earlier Foreign Investment Committee (FIC) guideline.
For further information and clarification on acquisition of properties please visit the relevant website www.epu.gov.my
http://www.iskandarmalaysia.com.my/what-is-iskandar-malaysia
With effect from 1 Jan 2010, foreigners can only buy residential property valued at more than RM500,000 and do not need approval from Economic Planning Unit (EPU), Prime Minister’s Department . This condition supersedes the earlier Foreign Investment Committee (FIC) guideline.
For further information and clarification on acquisition of properties please visit the relevant website www.epu.gov.my
http://www.iskandarmalaysia.com.my/what-is-iskandar-malaysia
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