Short answer: Yes.
Long answer: Yes, BUT Malaysia laws are super strict and getting formal approval can be taxing.
Airsoft guns are fast gaining popularity in Malaysia, especially among those who enjoy tactical wargames.
Airsoft is not for any sort of self-defence, protection or to protect personal or company property. Even the target is conducting crime, u still found guilty if u aim them with airsoft.
Airsoft can only for HOBBY or DECORATIVE purpose.