Can MM2H Holders Buy Property in Malaysia? A Guide for Expats

One of the biggest questions potential MM2H applicants ask is: Can I buy a home in Malaysia if I join the MM2H program?

The short answer is yes — but with a few important conditions. Whether you're planning to retire, invest, or settle long-term in Malaysia, understanding the property ownership rules under MM2H is essential.

Let’s start by addressing the basic rule: can MM2H visa holders legally buy property in Malaysia?

Can MM2H Holders Buy Property in Malaysia?

Yes, Malaysia allows foreigners — including MM2H visa holders — to purchase residential property, but there are restrictions that vary by state.

Generally, you’re allowed to purchase:

• Residential properties only (landed or strata-titled)

• Properties that meet the minimum purchase price threshold, which differs across states

Now that you know it's possible, let’s dive into the pricing rules that apply depending on which part of Malaysia you’re looking at.

Minimum Property Price for Foreign Buyers

Each state sets its own minimum value that foreigners can purchase:

⚠️ Note: SEZ-linked programs may offer special incentives or relaxed pricing rules. Always check with local authorities or an advisor.

So how many properties can MM2H holders actually purchase — and what’s the purpose of ownership allowed under this visa? Let’s cover that next.

Can MM2H Applicants Buy Multiple Properties?

Yes. MM2H holders can generally buy more than one property, but they must:

• Meet the price threshold each time

• Get state-level approval where required

• Use the property for residential purposes (not short-term Airbnb-type rentals)

If you’re planning to live in Johor, you’ll want to know how the SEZ program affects property ownership. Here’s what that looks like in practice.

What About Buying in Johor (SEZ Area)?

If you’re applying under Johor’s MM2H SEZ program, you’ll likely be living in Iskandar Puteri, Nusajaya, or Johor Bahru — areas with growing expat communities and modern housing options.

Some benefits:

• Proximity to Singapore (via Second Link or Causeway)

• Access to international schools and medical facilities

• Potential for SEZ-exclusive real estate packages (in progress as of 2024)
  

Now that we’ve covered where you can buy, let’s talk about what types of properties are permitted — and what’s off-limits.

Can You Buy Commercial Property Under MM2H?

No — MM2H holders are not allowed to purchase commercial or agricultural land unless done through a registered company under a separate business registration. The visa is meant for residency, not investment speculation.

Of course, buying property isn’t just about eligibility — financing is another key part of the equation. Here’s what to expect if you need a mortgage as a foreigner.

Financing a Property as an MM2H Holder

Foreigners may be eligible for home loans from Malaysian banks, but:

• Most banks offer 70%–80% margin of financing

• Approval is subject to your income, age, and visa tenure

• Some MM2H applicants prefer to purchase in cash to avoid delays

Before making a decision, here are a few smart steps to ensure a smoother buying process.

Tips Before You Buy

• Always check the local state threshold before signing

• Work with a licensed real estate agent or lawyer familiar with foreign ownership rules

• Don’t forget about stamp duty, legal fees, and valuation costs

• If you're applying under Johor SEZ, ask if special incentives apply

Now that you know the facts, is buying property under MM2H really the right choice for you? Let’s wrap it up.

Conclusion: Should You Buy Property Under MM2H?

Buying property under MM2H is a popular and legal option, but it’s not as simple as just picking a house. Each state has its own rules, and the SEZ version of MM2H may offer added flexibility or incentives.

If you're considering applying under the Johor MM2H SEZ pathway, owning a home in Malaysia can be a smart long-term decision — for both lifestyle and security.

Need help understanding where and what you can buy under MM2H?

Let’s talk. At MM2H Advisor, we help you navigate not just the visa process — but also your long-term relocation planning. Contact us or start a WhatsApp chat for personalized support.