Property purchase, how many are allowed?

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Hi,

yes, I know about the changes and the increased prices foreigners have to pay next year.
I am not shure if buying a house is a good idea now. But just to get it right, how many units are allowed to buy as a foreigner, per person (MM2H or not)?
I found different information about that topic:

"Each participant is allowed to purchase up to two units of residential houses at minimum prices above RM 250,000.00 each, depending on the location of the property."
or
"However, after 20th December 2006, EPU has waived the requirement to apply for such approval provided the purchase consideration for the residential property exceeds RM250,000 regardless of the number of properties purchased and the use for which the property is purchased."

What is the truth?

and 2. question. What about buying land, a plot, any rules for that?

Thanks in advance!

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hi, bintang,

You can buy as many residential units as you like.   

There's nothing specific that I can find about land. You buy the land and build a house and make sure the total is RM250,000 ++, and RM500,000 ++ next week.

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Thanks a lot!!