There is nothing new.
It started decades ago. The private developers started the projects, and the projects failed, the developers moved the government to allow the foreigners to buy houses and thus the businesses.
Why the foreigners are interested, it is because the double standard in Malaysia. The government cares for more of foreigners rather than the local, the Malaysians.
Why the double standards when we are all children of Malaysia?
The rest let you have the thinking hat on.
Why Are So Many Foreigners Moving To Malaysia? What Does It Mean For Malaysians? | CNA Correspondent
Foreign communities have long been woven into Malaysia's social fabric, shaping its economy, culture and identity. From affluent expatriates drawn by business opportunities to Rohingya refugees fleeing conflict, their experiences reveal vastly different realities. While foreign professionals have transformed neighbourhoods such as Mont Kiara, fuelling investment and the property market, their growing presence has also sparked concerns about rising rents and pressure on local businesses. Meanwhile, refugees continue to live without legal recognition or the right to work, leaving many vulnerable to exploitation. As Malaysia rethinks its approach to migration and refugee management, this series explores the opportunities, tensions and policy choices confronting a diverse nation. 00:00 Introduction 00:57 Chinese businesses expand into Malaysia 03:31 Can Malaysian businesses keep up? 06:13 Foreign investment versus local livelihoods 08:49 Inside Malaysia's 'Little Korea' 10:51 Foreign investment drives up rents 14:11 Life as a Rohingya refugee in Malaysia 17:38 Malaysia's new refugee work plan 20:25 Refugees, public opinion and the road ahead
https://www.youtube.com/watch?v=13Bu3mxCxKE
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