Yes, there are restrictions on the types and prices of properties that foreigners can purchase in Malaysia. These restrictions vary by state, and the Malaysian government has set a minimum price threshold to ensure that affordable housing remains accessible to local buyers.
Here is a breakdown of the price limits and property types that foreigners can purchase:

1. Minimum Property Purchase Price for Foreigners (By State):
Foreigners are typically restricted to buying properties above a certain minimum price. The minimum purchase prices are as follows:

• Kuala Lumpur: RM1 million and above.

• Selangor: RM2 million and above for landed residential properties; RM1 million and above for stratified properties (condominiums, apartments, serviced apartments).

For certain areas like Petaling, Gombak, and Hulu Langat, the minimum threshold is RM2 million and above.

Penang:

• Island: RM3 million and above for landed properties; RM1 million and above for stratified properties.

• Mainland: RM1 million and above for landed and stratified properties.

Johor: RM1 million and above, but there are certain exceptions where foreigners may need special approval.
Perak, Negeri Sembilan, Pahang, Kedah: RM1 million and above.

• Melaka: RM1 million and above for condominiums; RM2 million for landed properties.

• Sabah & Sarawak: RM1 million and above, though these states have more flexibility in property types, including properties categorized as native or Bumiputera-owned, which may require special approval.

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2. Property Types that Foreigners Can Buy:

• Residential Properties: Foreigners are allowed to purchase residential properties such as houses, bungalows, and condominiums, as long as the minimum price threshold is met.

• Commercial Properties: Foreigners are allowed to buy commercial properties such as shop lots, offices, and industrial properties, provided the minimum price limit is respected.

• Agricultural Land: Foreigners generally cannot buy agricultural land or Malay Reserved Land without special approval from state authorities. However, foreigners can apply to the state government for exceptions in some cases, but approval is not guaranteed.

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3. Exceptions & Special Approvals:
Foreigners must obtain approval from the relevant state authorities, which are responsible for regulating property transactions involving non-Malaysians. In addition to meeting the minimum price threshold, the following may apply:
Approval from the State Economic Planning Unit (SEPU) or other relevant state bodies, depending on the state.
Some states, like Johor and Selangor, have additional regulations or quotas for foreign ownership, which may vary based on location and property type.

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Conclusion:
Foreigners in Malaysia can purchase residential and commercial properties that meet the minimum price thresholds, which vary by state and property type. Landed properties often have higher thresholds compared to stratified properties like condominiums. Agricultural land is generally restricted but may be available with special approvals. Before making a purchase, foreigners should check the specific regulations of the state where the property is located to ensure compliance.