Expatriate buy property under local name wife

The answers to you questions are
NO
NO - but
NO - but perhaps if you one day get a PR (those rules have not been published)

The only way to protect your "interest" in the property is to draw up a separate agreement or will stipulating your entitlement to the value of the property e.g. it should be sold on divorce and the proceeds split etc.

Your wife has to apply for the loan in her name if she is going to own the property and have the financial resources to show to get a loan.

The NO - but : means you can apply for an ordinary bank loan in cash and then give the money to your wife for the purchase, but your name will not appear anywhere on the legal documents.

Clarification: Currently the minimum purchase price in most of Selangor by foreigners is RM2 million.

Alongside the above, perhaps you should read this: https://www.expat.com/forum/viewtopic.php?id=457405

Thanks a lot for all the answers.

Clarification: We are living in Penang and as far as I know the minimum is above 1million RM.

In Penang landed property bought by foreigners has to be RM2 million or above.

MM2H participants can buy 2 @ RM500k though - with good reason and support letter.

It looks like foreigner purchasers also have to put down 30% of the purchase price and can loan only up to 70%.