QUOTE(wannastudy @ Mar 3 2019, 04:31 PM)
of course, sg tourists spend lots of money in msia. when you go to johor, u see the malls, who are buying things? sg people or msians working in sg.
how u think these malls or starbucks stay open and pay rent? how you think the cofeeshop, retail, hotel, bars, repair shops all collect money to pay their staff?
sg also is one of the largest investor in msia, the amount is not a lot u are right, so feel free to cut sg off, i guess msia will surivive for sure as well.
https://www.dosm.gov.my/v1/index.php?r=colu...nMwNjdoK3g4QT09FDI BY COUNTRY
The top five investing countries for inflows in 2014 namely Singapore, Netherlands, Hong Kong, Cayman Islands and Bermuda. These countries recorded a total of RM22.4 billion or 63.4 per cent of the total inflows in Malaysia. With regard to position as at end 2014, FDI investment was mainly originated from Singapore, Japan, Netherlands, USA and Norway which amounted to a total of RM257.7 billion or 55.1 per cent of total position in Malaysia. In term of income, USA, Singapore, Netherlands, Japan and Bermuda were the top earner in 2014. These countries recorded a total of RM39.0 billion or 62.3 per cent of total income in Malaysia.
QUOTE(wannastudy @ Mar 3 2019, 04:34 PM)
even the nice properties in kl or johor, who do you think are buying them?
1 million ringgit, can the average msian afford?
or sporeans buying second homes (300k sgd)?
money doesnt flow from msia to sg, msia is just a developing country with not much money. money flows from sg to msia, it is the other way around.
and money flows from china, eu, usa, japan to sg.
The foreigner property investors per above, is benefitting Malaysian or benefitting Singaporean? Sure, they paid taxes, but are they paying taxes without making any profit?
As of investment, as long as there are money to be make, anyone will make it, don't necessarily only come from SG people. And to be honest, I don't think they will give up making money and stop investing in Malaysia just because of water deal and crooked bridge.
As of tourist, who is the one get bored and wanted to find some entertainment? Have you heard how Malaysian are complaining about how Singaporean driving up the cost of living in JB?
This post has been edited by wanted111who: Mar 3 2019, 04:47 PM