A foreigner in Malaysia is allowed to purchase at the most 2 residential properties. Foreign investors are not permitted to own Malay reserved land. Excepting few such restrictions, home buying process for foreign investors is regulated in the same way as Malaysian property owners.
"I have been following your blog and other PF blogs for quite some time now and would like to seek your advice on my current financial position. At 30 this year, I have been working for a while in Singapore and with high cost of living and I can't exactly qualify as a frugal person, I think I did pretty well in saving and managing my finances." Read more about my discussion with a Malaysian working in Singapore.