Yes. Foreigners can buy residential property in Malaysia, including new-launch condominiums, subject to state rules.
- Minimum price: the minimum purchase price for foreigners is generally RM1mil in Kuala Lumpur and RM2mil in Selangor.
- Approval: each foreign purchase needs approval from the land authority before the title can be transferred.
- Stamp duty: from 1 January 2026, foreign buyers pay a flat 8% on residential transfers, while Malaysians pay on a 1–4% scale.
- Financing: Malaysian banks usually lend foreigners 60–80% of the price, which means a foreign buyer needs a larger cash payment.
- Before you book: foreign buyer rules change from time to time, which is why your lawyer should confirm the current position.
What is the minimum price for foreign buyers in each state?
The minimum price for foreign buyers is generally RM1mil in Kuala Lumpur and RM2mil in Selangor.
| State | Minimum price |
|---|---|
| Kuala Lumpur | RM1mil |
| Selangor | RM2mil |
- Other states: each state sets its own minimum, which is why your lawyer should confirm the figure for the home you like.
- Exceptions: a state can change its minimum or set a different figure for some homes.
How much cash does a foreign buyer need upfront?
A foreign buyer of CloutHaus Residences at its RM1.5mil starting price, with a 70% loan, should plan for about RM603,300 in cash.
| Down payment (30%) | RM450,000 |
| Stamp duty on the transfer (8% flat) | RM120,000 |
| Stamp duty on the loan (0.5% of RM1.05mil) | RM5,250 |
| Legal fees on the sale agreement (scale) | RM16,250 |
| Legal fees on the loan (scale) | RM11,750 |
| Cash to plan for | about RM603,300 |
- Costs on top: the land-authority consent fee, SST and disbursements are extra. Your lawyer can give you a quote.
- Developer packages: some developers pay the legal fees and some don’t. This figure assumes you pay them.
- Timing: on a new launch, the transfer stamp duty is usually paid when the title is transferred, not on day one.
- Your own price: enter it in our stamp duty and legal fees calculator.
- Monthly instalment: see the figure for your loan on our home loan calculator.
Which KL City Centre new launches can foreigners buy?
Foreign buyers can choose from these 11 KL City Centre projects, as long as the unit meets the RM1mil minimum.
| Project | From | Foreign buyers |
|---|---|---|
| Jewel by Oxley KLCC | RM1.572mil | Every unit |
| CloutHaus Residences | RM1.5mil | Every unit |
| The Conlay | RM1.46mil | Every unit |
| SO/ Kuala Lumpur Residences | RM1.378mil | Every unit |
| Pavilion Square | RM1.32mil | Every unit |
| Golden Crown Residence | RM1.28mil | Every unit |
| Phoeniz Suites | RM1.016mil | Every unit |
| Divine KLCC | RM968,000 | From RM1mil |
| Centrix The Station KLCC | RM907,800 | From RM1mil |
| MABA Suitez | RM699,000 | From RM1mil |
| Times Square 2 | RM688,000 | From RM1mil |
7 of these projects clear the minimum on every unit. Three to start with:
Jewel by Oxley KLCC
200 m from the Twin Towers, 400 m from KLCC Park
Own stay 4.5/5Investment 4.2/5
- From
- RM1.572mil
- Bedrooms
- 1–3 bedrooms
- Completion
- Completed
CloutHaus Residences
Opposite KLCC, about 30 steps
Own stay 4.2/5Investment 4.1/5
- From
- RM1.5mil
- Bedrooms
- 1–3 bedrooms
- Completion
- January 2029
The Conlay
Completed, freehold, 200 m from Conlay MRT
Own stay 4.2/5Investment 4.4/5
- From
- RM1.46mil
- Bedrooms
- 1 & 3 bedrooms
- Completion
- Completed
