Finally, now it works ...
wxs ALLUSER=1 2 msiexec, HKLM.
<Property Id="INSTALLDIR1">
<RegistrySearch Id='RegistryCU' Type='raw' Root='HKCU' Key='Software\Foo' Name='InstallDir' />
</Property>
<Property Id="INSTALLDIR2">
<RegistrySearch Id='RegistryLM' Type='raw' Root='HKLM' Key='Software\Foo' Name='InstallDir' />
</Property>
<CustomAction Id="PerUserInstall" Property="InstallDir" Value="[INSTALLDIR1]" Execute="immediate" />
<CustomAction Id="PerMachineInstall" Property="InstallDir" Value="[INSTALLDIR2]" Execute="immediate" />
<InstallExecuteSequence>
<Custom Action="PerUserInstall" After="AppSearch">ALLUSERS="" OR (ALLUSERS=2 AND (NOT Privileged))</Custom>
<Custom Action="PerMachineInstall" After="AppSearch">ALLUSERS=1 OR (ALLUSERS=2 AND Privileged)</Custom>
</InstallExecuteSequence>
HKCU, HKLM , , - ALLUSER .