OBS_VALUE: All direct property acquisitions above RM 20 million require approval from the Economic Planning Unit of the Prime Minister's Department, when it results in the dilution in the ownership of property held by Bumiputera and/or government agency.There are some exemptions given; for instance the acquisition of industrial land by manufacturing; Multimedia Super Corridor (MSC) status companies in any property in the MSC area;  properties under the privatization projects, etc. (please refer to the Guideline on Exemptions appendix). In addition, EPU’s approval is not required for Properties (commercial/industrial land/agricultural land/residential) valued at RM1,000,000 and above per unit. However foreign interest is not allowed to acquire:• Properties less than RM1,000,000 per unit;• Residential units under the category of low and low-medium cost as determined by the State Authority; • Properties built on Malay reserved land; and • Properties allocated to Bumiputera interest in any property development project as determined by the State Authority.