Foreigners are eligible to buy 2 houses at a cost of not less than RM150,000 each. For this purpose, they are also entitled to apply for a loan from a local bank for 60% of the purchase price.
The standard procedure for purchasing a property is:

1. Sign letter of offer and pay 3% of purchase price as earnest deposit
2. After 14 days, sign sale and purchase agreement; pay 7% of purchase price
3. Pay balance of purchase price within three months

Legal fees payable, stamp duty and agency fees (if used) are also payable.