Rich Chinese Buying Up MY Properties!

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1M65

1M65

Күн бұрын

There have been a lot of Chinese people going to Malaysia and buying properties there. Why have they come? what does this mean for the JB Retirement dream?
Find out with Mr Loo in today's video!
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Пікірлер: 558
@rinoitem1239
@rinoitem1239 2 күн бұрын
Many Malaysian Chinese and Indonesian Chinese see themselves as "true blue" Chinese, influenced by various factors. As minorities in Indonesia and Malaysia, they often face discrimination and have experienced racially motivated incidents, reinforcing their identity as ethnic Chinese. Despite being third or fourth generation citizens, many struggle to access government jobs or quality universities in their own communities. In contrast, Chinese Singaporeans, as a majority, generally do not face the same level of racial discrimination. This context may help explain why Malaysian and Indonesian Chinese often feel a stronger loyalty to China and hold it in higher regard compared to their Singaporean counterparts
@PrasannaOgaleSG
@PrasannaOgaleSG 2 күн бұрын
Very valid point
@leealex24
@leealex24 2 күн бұрын
Cities like KL and Penang can be Asian hubs.
@Userr-Chen-Chen
@Userr-Chen-Chen 2 күн бұрын
Third and 4th generations are only the minimum, as an undeniable fact there are many non Muslims Chinese malaysia citizens have at least 6 generations born in KL, peninsula malaya, Malaysia.
@mbtobserver2016
@mbtobserver2016 2 күн бұрын
The writer must be masquerading as Chinese & purportedly writing on their behalf Malaysian Chinese feel more affinity to CHINA than their land of birth? - have you done any studies on this question or not? If not, let it be known that you are talking 'cock & bull' & this BS of yours hold no water. Can you please point out, exactly, where would, say Chinese children who were born in Kota Bharu, Kelantan today 'have' their 'kampung halaman' in Mainland China? The Chinese have been in Malaya since Malacca days & I have heard this narrative (never substantiated) since 'time immemorial'
@ortensia1270
@ortensia1270 2 күн бұрын
Fuck no lol. I’ll take malaysian chinese any day of the week. Mainland chinese are just way too uncivilised
@raymondtiew3140
@raymondtiew3140 Күн бұрын
I am a Malaysian Chinese educated in Singapore in the 70s and 80s, and worked there before. From my observations, Singapore Chineses are less attached to China because Singapore government takes good care of its people, whereas in Malaysia we Chineses are not treated fairly by the government so we tend to have a stronger bond with our ancestor land, that is China.
@donde6961
@donde6961 Күн бұрын
WRONG. Indonesian Chinese are treated like crap but they don’t feel attached to their ancestors. Most of them couldnt care less. Malaysia is fcking weak in instilling singular national identity by promoting confused multi racial harmony bulshit. Stupid gov is desperate for Chinese tycoon’s money but also want to retain Malay majority votes, basically they want it all hence the delusional approach. Now everything’s in complete mess masked by occasional “feel good” tale tell.
@Alex64677
@Alex64677 Күн бұрын
👍
@melvinlee808
@melvinlee808 Күн бұрын
From a political standpoint, it makes sense that msia chinese see china chinese as their allies as this would mean more chinese in msia. Though china chinese cannot vote, msian chinese see more in common with the china chinese. When it comes to singaporean chinese, i believe some feel that population in singapore has come to a point overcrowding is a real issue. When u have so many ppl from other nationalities on a small limited landspace. It really affects liveability when it comes to transportation and personal space. In general, most singaporeans dont dispute the economic advantages that foreign talent brings to singapore but it has and will change the social landscape in singapore now and in the immediate future as we will not stop at 6 million
@趙子龍-u9j
@趙子龍-u9j Күн бұрын
That's bull crap. Whether you're Malaysia born or Singapore born, don't forget that every drop of your Mother's milk comes from the food that grow on this land. The water the air everything. It's imponderable that anyone feel stronger bonding with some faraway land and neglecting the very own land that supported him from the time he was born.
@TCT727
@TCT727 Күн бұрын
@@趙子龍-u9jI agree with you 100%. We should ban foreigner from buying up residential title property. As for commercial, it should be case by case basis
@akeetew9706
@akeetew9706 2 күн бұрын
Mostly you are right about why the China Chinese are coming to Malaysia. They are looking for safe habour for their business, assets ,harmonious and familiar living conditions. Malaysia with a large Mandarin speaking population is the perfect place for them.
@davidwong7208
@davidwong7208 Күн бұрын
They bring their bad attitude and they culture too
@chrislee528
@chrislee528 11 сағат бұрын
Why are Bersatu/PN and PAS not creating a row over this issue since the PAS and PN states are not benefiting ? They can spread false info that the govt is helping to increase the Chinese population.
@BobbyAngmalaysia
@BobbyAngmalaysia 2 күн бұрын
When a country is doing well, it attracts foreigners. It benefits the locals.
@badnotgood
@badnotgood 2 күн бұрын
nope. it gonna make property price go up. mainland chinese are troublesome. this will never benefit the locals. it only benefiting them.
@eugenec7130
@eugenec7130 2 күн бұрын
@@badnotgood Please do not single out any nationality. Any foreigner, including Taiwanese, American, European, with money, is allowed to buy allocated properties in Malaysia.
@davidrichards1741
@davidrichards1741 2 күн бұрын
@@eugenec7130 But they are not the cause of the pricing problem. The last govt ended MM2H due to chinese migration and, if they get re-elected as seems likely, they will ban MM2H again. Because of too many chinese. As the last PM said, "No country would tolerate it".
@davidrichards1741
@davidrichards1741 2 күн бұрын
@@eugenec7130 They could even end visa renewals as they tried to in 2020-21.
@wongyongjin259
@wongyongjin259 2 күн бұрын
You forget it is very hard for China Chinese to take monies out of China. There are honk kongers n Taiwanese in Malaysia too
@harrylooi
@harrylooi 2 күн бұрын
❤❤The influx of rich long staying tourists into any country is always a blessing. Definitely better than the estimated 1 to 3 million legal and illegal immigrant workers in the country.
@leealex24
@leealex24 2 күн бұрын
Malaysia govt should cut this unskilled foreign workers by 1/2 and bring these skilled, educated and relatively wealthy to apply for mm2h and pvip. They can only live, spend and invest here, pretty fine to me.
@goolooggg9005
@goolooggg9005 2 күн бұрын
In MY, the minimum property purchase price for foreigners is MYR1 million (USD233k) & above per unit. So there is NO driving up MY property prices as most if not all properties purchased by locals are below RM1 million which are in abundance OK
@wewave23
@wewave23 2 күн бұрын
This sinkie is just trying to sow hatred towards China Chinese by Malaysians. He's very sinister and typical of sinkie behavior
@shahs7609
@shahs7609 Күн бұрын
yes, it is correct. foreigner can only buy property Rm1million above. Property boom can only happened for rm1million above. For middle income Malaysian we buy property price between rm300-500 thousand.
@vchong8
@vchong8 Күн бұрын
As a Singaporean, your observation is more accurate where Singapore is being overrun by super rich not only China Chinese but also billionaires like FB Saverin, Bridewater Dalio and Jim Rogers. The main difference between these UHWI and China Chinese is the Chinese also bring their countrymen into Singapore. Malaysia government are giving trade incentives to China Chinese but not local Chinese, this is another form of discrimination. As for them driving up property prices, there are some pockets but not overall. Singapore property prices are at all time highs.
@nickloong
@nickloong 2 күн бұрын
Many foreigners still find Malaysia properties cheap. Especially properties in the CBD areas and the hotspots such as Bukit Bintang, Mont Kiara and Desa Park City. As for how Malaysians treat the China Chinese? Generally Malaysians treat most foreigners well, especially those who are respectful to the locals and abide by the rule of law.😅😊
@davidrichards1741
@davidrichards1741 2 күн бұрын
White privilege is alive and well in Malaysia and especially Singapore who kiss the feet of americans' espeically white americans.
@JacksonWong-pw4zq
@JacksonWong-pw4zq 22 сағат бұрын
Not many china chinese compared to singaporeans of 700 thousand who cannot afford to retire in singapore . I am one of them u check with property developer and agents ask them who takes up its property , i have been living in malaysia for 5 years .
@christinalee4919
@christinalee4919 2 күн бұрын
I am 3rd generation Malaysian Chinese. Am Malaysian first and probably last! I don't speak Mandarin at all, however, am very fluent in Bahasa. I am Bangsa Malaysia.
@ocswoodlands
@ocswoodlands 2 күн бұрын
Malaysian Chinese are like unrequited lovers of Malaysia..... Always one sided love while the other side asks Apa lagi cina mau...
@Jdjjl
@Jdjjl 2 күн бұрын
You should learn some Mandarin as you are a Chinese! No excuses for not knowing Mandarin because people Around you not speaking Mandarin. Nationality is a legal principle, and calling oneself Chinese is a culture identity.
@livefree7005
@livefree7005 2 күн бұрын
You kidding me? You should indeed learn mandarin.
@Userr-Chen-Chen
@Userr-Chen-Chen 2 күн бұрын
🤣ignoramus who think it is very grand to say I am Malaysian 1st! You are only a 3rd generation whereas there are many non Muslims Chinese malaysia citizens who have more than 6th generation born in KL, peninsula malaya, Malaysia. Your ignorance, stupidity and laziness in not knowing the history of KL, peninsula malaya, Malaysia and the significance role of the non Muslims Chinese in initiating and signing the petition to the British for grant of independence. If you lose your Chinese roots you see NOTHING! Many English speaking non Muslims Chinese Malaysia citizens have already studied Mandarin decades ago. Shame on you! 🤣🤣🤣🤣
@mbtobserver2016
@mbtobserver2016 2 күн бұрын
Good 😂 tell this to the idiot who feel 'entitled' enough to proclaim you have more affinity to China than Malaysia
@bk1571
@bk1571 2 күн бұрын
Others than those reasons mentioned attracting China Chinese to Malaysia compare to Thailand or Singapore is there are 7 millions Malaysian Chinese in Malaysia mostly speak Mandarin, Chinese dialects, practice Chinese customs, cultural beliefs and lastly Chinese foods freely available/affordable, Chinese schools, these made China Chinese feels comfortable.
@atan5207
@atan5207 39 минут бұрын
Yes they are coming " Invasion" Soner or later UMNO or PAS will bring up racial issue in Malaysia because of this. They can't tell the different between MY Chinese n China Chinese unless you test them with Bahasa?
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@Lexluthor88 2 күн бұрын
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@Lexluthor88 2 күн бұрын
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@KokhuiYeo
@KokhuiYeo 2 күн бұрын
It’s very true that many Chinese in Malaysia, especially those above fifties, still have a ‘ heart ‘ ❤️ towards their roots, as they have heard many stories narrated by their parents. However, as a true Malaysian, we r still very loyal to the King n the country at the same time respecting the Constitution. Additionally, we treat our Malay n Indian friends like ‘ brothers ‘ n respecting their religion n culture. Hidup Malaysia.
@syedsulaimansyedadnan7695
@syedsulaimansyedadnan7695 Күн бұрын
hopefully, let's us pray hard these cc[china Chinese} will have a clear thinking and open heart to understand and accept what Malaysia is.
@calvyncraven1141
@calvyncraven1141 Күн бұрын
​@@syedsulaimansyedadnan7695they are. They are learning fast from the local Chinese on our customs & culture. So far many are getting accustomed to our local culture
@Thinking68
@Thinking68 9 сағат бұрын
But I doubt Malaysia property will really do well because of this reason. They are buyer now. But resale buyer? Not so much I guess. There are so much supply for new property now. If there is no resales buyer. It’s as good as no value.
@marktan8074
@marktan8074 2 күн бұрын
Currently, Malaysia will welcome the Chinese with open arms because Msia needs the Chinese to invest capital in the country as well as to buy up the huge overhang in the premium property market. The home ministry can also thumb their nose against the skeptics of the MM2H program who thinks that it is doomed to failure given the disappointing high requirements and agent fees required. But mark my words, within a decade's time or earlier if there's a change of government, things may look quite different because property prices will rise causing even the local rich to find themselves priced out of certain segments of the market. In addition, not all Chinese are mega rich who will come Msia to set up big factories. Some will start to venture into local businesses like restaurants, grocery chains, hardware shops etc and competing against the locals. The Chinese are hardworking and their work ethics will eventually lead them to compete against the locals. When that happens, there will be calls to put a higher ceiling on properties that foreigners can buy or the businesses that foreigners can engage in. Mark my words, the day the local Chinese stops their warm welcome is the day when the China Chinese starts buying or renting corner commercial shops to start coffeeshop businesses and introducing more innovative concepts to compete against the locals. The locals with their laid back attitude will not be able to compete.
@davidrichards1741
@davidrichards1741 2 күн бұрын
The Malays, who absolultely control the government, will decide the fate of chinese mgiants. It's easy to suspend visa programs and then refuse visa renewals. The gov't has already done so before. There's no permanence or rights for visaholders in My. This isn't the West, lol.
@t_jane3308
@t_jane3308 2 күн бұрын
Exactly
@hkfoo3333
@hkfoo3333 2 күн бұрын
You know nuts about Chinese over flowing Malaysia with small businesses. For small businesses it is far far far more profitable to do business in China than in Malaysia which is not that vibrant and a lot of local politics . Go learn more about the situation. No Chinese are not like Indonesians/Bangladeshis and others .. who come into Malaysia for economic reasons. In fact we Malaysian Chinese would like to go to China for their huge markets not the other way round .!!!
@chungjay3358
@chungjay3358 Күн бұрын
Agreed soon you will see DAP said invite china chinese come to msia is for our nation own good . All things price are going up and business is hard to do ,due to china they like to do business will using low price Strategy. All the msia Chinese need to work with china business man . That time all the local Chinese only wake up and some more a lot of them are doing illegal business in msia I hope Malaysia government really can control the situation,earn money paid for debt is important, but don’t forget the consequence. China Chinese they are rude and ego honest to said attitude sometimes really like such ,for certain people
@calvyncraven1141
@calvyncraven1141 Күн бұрын
The new MM2H licenses has 3 tiers. Only the top tier allows them to set up any businesses while for the lower 2 tier, they need to apply. If they start to crowd out smaller businesses, am sure the government will set some restrictions on it
@RGM-0079
@RGM-0079 2 күн бұрын
One of the reasons why they want to buy a house here in Malaysia is because its price is reasonable for its size...I mean in China, Hong Kong and et-cetera ..The cost of housing(Some of it is the size of the living room or much smaller) is insanely crazy in a strategic area even for Rich Chinese citizens....same goes for Taiwanese some of them migrate to Malaysia because of properties reason...also I don't know if it is true or not...a few of them(Taiwanese) migrate to malaysia to avoid getting caught in war between China and Taiwan too...they know what happened in Ukraine will happen on them in the future...We a have a phrase for it "Menang jadi Arang, Kalah jadi Abu"...
@karlyap3011
@karlyap3011 2 күн бұрын
To add to your point regarding escaping the potential conflict in Taiwan. I have flown recently in a direct flight from Taipei to Chiangmai, Northern 11:53 Thailand. It’s more than just tourism travel.
@atan5207
@atan5207 31 минут бұрын
Diversify their assets just in case? War, CCP taking their money like common prosperity etc
@achua5566
@achua5566 2 күн бұрын
The ultra Malays may blame Anwar for propping up Chinese populations in Tanah Melayu. If general prices are driven up by loose immigation policies, while local salaries remain stagnant, I think local Chinese may not welcome their cousins from China. On the China front, Chairman Xi would not like the RMB going offshores and not returning.
@atan5207
@atan5207 37 минут бұрын
They will be working or doing bussiness n send back what they earn just like our ancestor
@liweiquek7382
@liweiquek7382 2 күн бұрын
like 2-3 years ago in Singapore. Those who bought many properties in Singapore are money laundering. Both countries should share information.
@atan5207
@atan5207 35 минут бұрын
Those bough several properties are smart n how can you say they laundering money? Any fact n proof? If you have the capital n the foresight, won't you do the same?
@ShaneRay88
@ShaneRay88 2 күн бұрын
Malaysia still have plenty of land, so we do not mind if China Chinese comes here, unlike Singapore where you guys are worried the superrich will take your pie away. For businesses, it's all depending on how good a business man you are.
@leealex24
@leealex24 2 күн бұрын
They can come here as MM2H and PVIP no problem. As these visas only allow them to spend and invest. I think Malaysia can handle 1% of the population for these skilled, good character and "wealthy" foreigners in Malaysia. It's still fine.
@ylzaf77
@ylzaf77 2 күн бұрын
As long as there's no secret underground effort to make them citizens and can vote then it is fine.
@atan5207
@atan5207 23 минут бұрын
True unless they play by local rules n laws. Singapore can pick n choose n the remain left over will come to Malaysia. Sooner or later racial issue in Malaysia will resurface by political party.
@tg988
@tg988 2 күн бұрын
From KZbin videos, big influx of Chinese China and Indonesia into KL prime area, tourist spots, popular shopping malls. With the completion of Sg-KL HSR, most likely big surge from Singaporeans as day trip tourist and permanent dweller for retirees.
@leealex24
@leealex24 2 күн бұрын
HSR will never happen. No benefit to Malaysia. Malaysia especially KL, JB and Penang have tourists from Asia.
@xiaomashitu
@xiaomashitu 2 күн бұрын
Now a lot foreigners looking to invest Malaysia Property 🏠🙏⛽
@wayneestae307
@wayneestae307 Күн бұрын
No they will not buy any, not interested at all they only renting. china are experiencing property crisis now, and those China expat who came to Malaysia are not very rich
@davidrichards1741
@davidrichards1741 2 күн бұрын
Very true. Prices have doubled since the start of the year and tripled compared to 5 years ago when I bought. Extremely bad for local Malaysians who now cannot afford property in their own country. Especially first time buyers. This is bad as it will surely lead to a ban of visas for foreigners by the next government as the opposition proposes.
@peterr7777
@peterr7777 2 күн бұрын
blame the gov.... first they give the green light to developers to built high end houses without looking at the statistic of buyers...now that thousand of property cant be sold (and locals finds it no value for money) so what do they do now ? bring foreign buyers lah. this is bad for malaysian...if developers cant sell their property...its their problem and the price should go down...but the price wont go down and instead the goverment will interfere and help these foreign buyers and seller instead of helping the rakyat owned their own house.
@xiuzhen1897
@xiuzhen1897 2 күн бұрын
Mr. Loo is quite sharp. He can spot the difference on how local Sporeans and Malaysians treat Chinese from China in a different way. My mum told me, when China was poor, the local Chinese in Malaysia were treated differently by the Malay (that generation). They will say "balik tongshan (mean go back to China)" to my grandma when they are unhappy with the local Chinese. When I was a teenager, I used to see many females from China selling china items at the Msia morning wet market (perceived as low class). When China was growing, we didn't see them anymore. Now China is growing and the new generation of local Malay at Msia how they will look at Chinese may not be that obvious anymore. We cannot change the fact that our ancestor is from China.
@choonhockong8215
@choonhockong8215 2 күн бұрын
Excellent analysis. Singapore better wake up, property price sky high, cost of living is very expensive. PM Anwar close relationship with China will make Malaysia an advanced economy. Singapore close ties with the US and its western allies would sink Singapore economy.
@koalatheworld
@koalatheworld 2 күн бұрын
To be precise, all humans originated from Africa.
@douglasstanley5209
@douglasstanley5209 2 күн бұрын
@@choonhockong8215 SG was built not by LKY alone. He often credited to his team. Msia is many times bigger than SG. Anwar alone cannot create miracles. He too needed a team.
@kennyng2289
@kennyng2289 2 күн бұрын
​@@douglasstanley5209 Malaysian politicians, especially the religious Malays still fighting over the religious rules and wanted to tighten the these rules. With this infighting, Malaysia will only grow at a slower rate. The vision of Mahathir is to have Malaysia becomes a developed country by 2020. Did not achieve.
@douglasstanley5209
@douglasstanley5209 2 күн бұрын
@@kennyng2289 There is a lot of talking by Msia Politicians but without plan, even the ones in the current administration. It only makes the politicians feel good about themselves and dangerously misled the voters to also feel that way. Seeing the big picture is easy but how you plan to get there is a different picture altogether.
@fadzilhashim.0910
@fadzilhashim.0910 2 күн бұрын
Due to the colonial British 🇬🇧 policy before the independence era, which greatly benefited the Chinese population & traders in Malaya 🇲🇾 . So in 1957, the Chinese population in Malaya 🇲🇾 are 43% & they're successfully controlling the Malayan 🇲🇾 economic sector by 89% , followed by property ownership at 78% . But, due to the New Economic Policy ( NEP ) in 1970 by the Malaysian 🇲🇾 government, which have caused almost all national companies to be dominated by the Bumiputras . Now in 2024, the Chinese population in Malaysia 🇲🇾 are just 27% (🔻16% ) & they're controlled the Malaysian 🇲🇾 economic sector just by 56% (🔻33% ) , followed by property ownership at 46% (🔻32% ) .
@benghai4919
@benghai4919 Күн бұрын
Malaya belong to thrue native people, the orang asli . The rest are immigrants from Indonesia, China and India. History must be corrected. And all Chinese haters comments must be linked and forwarded and translated and posted to popular Chinese social media
@testchannel7208
@testchannel7208 Күн бұрын
Good job in protecting what's yours before others try to claim ownership. Bumiputra policy and the 3Rs must be upheld at all cost. The minorities will complain and play victim, racism etc ..... but if they are not happy, can always return to their shitty country of origin.
@darrensiew2440
@darrensiew2440 2 күн бұрын
Yes, you are half right (in my opinion), majority those middle age group chinese are very " china is my homeland". The younger chinese don't they don't care that much.
@atan5207
@atan5207 32 минут бұрын
Those oldies are nostalgic lah. If they think China is better than Malaysia, they should move to China n meet/buried with their ancestors. If China is better than Malaysia, then why so many China chnese are coming to Malaysia???
@petiachoo1615
@petiachoo1615 15 сағат бұрын
I observe more PRC residing in Penang than in JB. Many of the PRC in JB come in from Singapore for their weekend shopping and return to Singapore to work or study. New properties launch in JB mostly bought by Malaysians working in Singapore and only a small amount of bought by PRC investors due to the lower ROI compared to KL or Penang.
@wowokingxoxo
@wowokingxoxo Күн бұрын
have you driven from JB to KL? Land is so cheap and growing cheap palm oil. Land is plentiful agricultural land can be cheaply converted into residential land, in the short run prices will spike. In the long run there is plenty of land and approval to build 88 floors easily.
@vhchoo
@vhchoo 2 күн бұрын
It is very true that Malaysian Chinese of a certain age has an affinity for their "zhu gao," or original country and you can see this from their comments on KZbin especially when it comes to discussion about Taiwan and Hong Kong,,,...they definitely feel more China Chinese than their counterparts in the ASEAN countries and a lot of it has to do with politics and our history with the Communist Party of Malaysia
@douglasstanley5209
@douglasstanley5209 2 күн бұрын
Thanks for the statistics. The other day in JB, a grab driver jokingly accused S'poreans of driving up property prices bcos of the MM2H programme. Now we know SG only have over 1K active MM2H pass holders and is not even comparable to AU, KO, JP, UK and Bangladesh.
@rabbiter-v8b
@rabbiter-v8b 2 күн бұрын
When there is no one to blame, blame Singaporeans.
@ed180779
@ed180779 2 күн бұрын
Mr Loo, these could be 'criminals' escaping China for harboring huge amount of ill-gotten money. Then again it could be just my 2 cents worth
@the.mystictraveller
@the.mystictraveller 2 күн бұрын
High property prices ... will drive living costs up . The people who will suffer will be ordinary local Malaysians. But sadly the government only sees $$ in their coffers
@ajl8615
@ajl8615 Күн бұрын
Yes, that's extremely true that Malaysian Chinese people still regard themselves are from China by ancestry history. As such that they would regard you as their enemy when you hold different point from them about China or the China Communist Party. However Malaysian Chinese people also don't like Malaysian Chinese people from the peninsula because of the British colony government in putting Sarawak (was called Borneo before) and Sabah with the Malaya Peninsula as one country. As you can see Sarawak and Sabah reap no benefits in being with them. We don't have foreign investments nor proper infrastructure to attract tourism and foreigners. In fact job seekers have to move to over peninsula for work and in a place not known to much of Sarawakians and Sabahans. It has been miserable for the economy of Sarawak and Sabah. It isn't fair.
@sgedit-r
@sgedit-r 2 күн бұрын
Not absolutely right to say local Chinese Malaysian welcome Chinese Chinese . Many in businesses in johor are already feeling the competition from the businesses the Chinese setup . The welcome n warmth will soon precipitate
@music_adventures88
@music_adventures88 2 күн бұрын
Good to hear! In fact, there is jump up to nearly 30% increase in rental. Hopefully we can home sales prices up too.
@zoopzoop1072
@zoopzoop1072 2 күн бұрын
They prefer Malaysia more than Singapore due to cost of living. Malaysians are more friendly & welcoming towards them. SG is more like Australia to them. Their parents that don't know English could stay in MY without language issues. The first wave of china mm2h group made many good remarks about Malaysia on their TikTok that's why their friends and relatives are coming over.
@atan5207
@atan5207 6 минут бұрын
Plus, in Malaysia anything is possible? " Apa pun boleh"
@eugenec7130
@eugenec7130 2 күн бұрын
The Malay reserve lands are as solid as iron. The Government will protect Malay reserve lands and they will not fall to any foreigner. It is non-Malay owned lands and properties which are at risk of being occupied by foreigner, from China or anywhere. Will the Gov protect non-Malay lands as much as Malay lands?
@adrianwang2724
@adrianwang2724 2 күн бұрын
don't worry. "third party" will do it.
@paulinelai6870
@paulinelai6870 Күн бұрын
I am a Malaysian property owner, i have several Chinese tenants from China. Frankly, some are good, some are bad. I only care about they paying me rental on time and took good care of my property, so far i dont have any problem with that ( except 1 case, really bad, i did successfully took legal action on him) To most Malaysian Chinese , we see them as foreigner as much as we see you Singaporean. It is in Malaysia culture that we are more accommodating than our neighboring countries. May be that what makes Malaysia more attractive to China people.
@atan5207
@atan5207 25 минут бұрын
They are coming because life is harder there now n also diversify their assets just in case. Bad one are coming too. Just look at Philippine, Cambodia n Loas etc. Lot's of bad apples from China are there and some are coming to Malaysia too. In Malaysia you can buy anything if you have money "Dato" tile as well. Overstay? lots of them will. Just pay the custom. they have money whereas those foreign workers don't.
@lindc1070
@lindc1070 2 күн бұрын
It is the push factor. Rich chinese need a place to park money , set up an alternate home. Singapore is more expensive . Malaysia like SG offers them an environment where they can blend in, at a much lower cost.
@atan5207
@atan5207 7 минут бұрын
Assets diversification just in cast " common prosperity: will take away their hard earn money. Please bear in mind China is an autocratic country not like Malaysia that you can vote, they can't. Emperor Xi is there for life unless he has a heart attack
@cheny6489
@cheny6489 2 күн бұрын
not yet bruh... not yet.. till they really occupy KL, Penang ... like how they occupy country like Singapore... by then, survey the Malaysians sentiments once again... Singapore is geographically small compared to Malaysia Peninsular.. hence the density creates lots of intense interactions... Bigger countries like Malaysia might take some time before they feel the "China-conquering" effect...
@rabbiter-v8b
@rabbiter-v8b 2 күн бұрын
I know of Malaysians who dislike Chinese nationals. Like what you mentioned, once the diaspora gets bigger and form their enclaves and affect the local communities in tangible ways like property prices, jobs or costs of living, they will outstay their welcome. Not just for the rich Chinese or Indians, just look at the Rohingya in Malaysia. That is the main reason so many countries are mainly anti-immigrants nowadays. In short - invasive species.
@SATERIYA-dp3wb
@SATERIYA-dp3wb Күн бұрын
Mmm... maybe you guy's are abit, off of " correct word " to emphasis such large community versus mini community ( chinese ) But this can change largely when Independent Malaysia gets more Clearer
@ahmadsyauqibinabdrazak7524
@ahmadsyauqibinabdrazak7524 2 күн бұрын
Malaysia is in for a demographic and social change akin to the 1800s and early 1900s. Chinese from China, Indians from India too starting to trickle in, Indonesians are also coming, all sorts of people from ASEAN country like Myanmar, Vietnam, Thailand have already made Malaysia their home. All with different social and financial status. It is going to be very interesting moving forward. Brace yourself.
@XuFamFam
@XuFamFam Күн бұрын
Misleading to say "many Singaporeans are less welcoming towards new Chinese immigrants". It's like i counted more than 10 people around me and then called it many. When people see "many Singaporeans", they will think "most Singaporeans"
@shahs7609
@shahs7609 Күн бұрын
Foreigner can only buy property Rm1million above. Property boom can only happened for rm1million above. For middle income Malaysian we buy property price between rm300-500 thousand.
@atan5207
@atan5207 10 минут бұрын
because Malaysia wages is so low n never go up even for graduates, that's why most can't afford to buy at the price of 1 million over, unless you have rich parents?
@wayneestae307
@wayneestae307 Күн бұрын
As a rental agent I meet a lot China client but sorry they not interested to buy property in Malaysia because they currently experience property crisis in their country. For rental yes are booming perhaps the rental will strive abit of the sales but not much I think
@elizeberthchang1246
@elizeberthchang1246 2 күн бұрын
The old problem properties were unsold so this is a blessing.
@jackreacher8858
@jackreacher8858 2 күн бұрын
Malays are kind and helpful people . China Chinese should be mindful of this and return the favor to the Malays
@davidrichards1741
@davidrichards1741 2 күн бұрын
Also need to understand that Malays have some very different priorities than chinese who worship money. Malays are spiritual and less materialistic.
@Itamaru
@Itamaru 2 күн бұрын
​@@davidrichards1741 you mean delusional
@hkfoo3333
@hkfoo3333 2 күн бұрын
Hello, it is more like the other way round. It is the Chinese that is helping Malays a lot to have a good standard of living. Know this facts. Chinese are very patient .
@Itamaru
@Itamaru 2 күн бұрын
@@davidrichards1741 you don't speak for all Chinese. There are many more Chinese who value integrity way more than money.
@davidrichards1741
@davidrichards1741 2 күн бұрын
@@Itamaru Of course not everyone is the same. But many chinese are materialisic, proportionately more so than some others. That is based on my decades of experience in the east and west . Not that there's anything wrong with that; to each their own. Ambition and hard work are good attributes
@lohdanwee474
@lohdanwee474 2 күн бұрын
You can see the number of Tik Tok posting about investing and education in Malaysia. This will certainly drives demand on Malaysia properties.
@K.K-y1h
@K.K-y1h 2 күн бұрын
Minorities is always being treated as second citizens regardless where u live
@simonng8982
@simonng8982 2 күн бұрын
Over the years, I’ve noticed that those who invested in Malaysian properties haven’t made any profit so far. It's tough to sell at a profit, and the rental income is too low to even cover the installments. That’s why you’ll notice that Singaporeans invest the least in it. Good Luck to them. :)
@vintagedigital108
@vintagedigital108 2 күн бұрын
Good. Let’s keep it that way. Let’s not screw up housing market for the locals.
@yougohgoh1
@yougohgoh1 Күн бұрын
Good for China Chinese coming to Malaysia, it is Singapore problem as scarcity of land is a big issue
@tonykeat9096
@tonykeat9096 Күн бұрын
Excellent To Heard That Properties Booming 🎉🎉🎉🎉🎉
@souka720
@souka720 Күн бұрын
Heard that china is going after unpaid tax as far back as 30 years. This could be 1 of the reasons??
@kevintan4321
@kevintan4321 14 сағат бұрын
You are wrong. There is an over supply of property in KL.. China Chinese are not interested to buy property in Malaysia.. Many of them decided not to apply for MM2H as they are required to buy property here. They prefer to rent.
@babibrain
@babibrain 2 күн бұрын
Yes it is true. Your video is well researched and factual
@pgprop
@pgprop 2 күн бұрын
You are 100% spot on Mr Loo on your observations here. We have been noticing the same trends around the top suburbs in KL & Penang. Am in the property industry and a follower of yours from KL.
@1m65
@1m65 2 күн бұрын
Thank u very much for your insights!
@CyChong-vm2uf
@CyChong-vm2uf 2 күн бұрын
As a ex-msian and now sgrean, the view towards china ppl is the same. And your view is wrong. Is not from where, but is how they behave. Educated ones are ok vs those act like pasar malam and shouting
@silentmode5573
@silentmode5573 2 күн бұрын
Ya.... basically it is about their attitude. Talking loudly everywhere, being selfish and blocking people's way, cycling on our pavements as if they are in China and ringing their bells expecting pedestrians to give way, plucking fruits in the park omg, etc etc etc etc etc
@CyChong-vm2uf
@CyChong-vm2uf 2 күн бұрын
@@silentmode5573 yes in fact, when i was in msia im more irritated w them more, than in sg. Those china ppl migrate to sg are generally more behaved than those to msia for obvious reason. But the benefit of msia is larger space so you can easily avoid them.
@leealex24
@leealex24 2 күн бұрын
Not just taxes, sg is tiny island. The state of selangor + KL is 10x sg whilst being a highly developed, safe and high income region.
@markzzzzberg1312
@markzzzzberg1312 2 күн бұрын
Except in Klang.. Klangmbia or Colombia of Malaysia😂 too many foreign workers from South Asia and lndonesia reside in klang
@leealex24
@leealex24 2 күн бұрын
​@@markzzzzberg1312deport them
@leealex24
@leealex24 2 күн бұрын
@@markzzzzberg1312 MY should deport half of our foreign unskilled workers and replace with skilled, educated and good character talents to support our Malaysian workforce.
@Dragonhero779
@Dragonhero779 Күн бұрын
My friend Singaporean this is because china and the world countries know that Singapore still military training with Taiwan island un2758 . This is just my opinion only.
@toonamchin5536
@toonamchin5536 22 сағат бұрын
We have too many units unsold, good for property market and our economy. Should be blessing
@eskay2012
@eskay2012 2 күн бұрын
The narrative build up in this clip is well intend to slant report against the Chinese & Malaysians. Why was it suggested that Malaysian Chinese are more ‘pro’ China? Malaysia used to have most Japanese residing in Malaysia and now likely the Chinese for what ever reasons. What is your problem? Don’t you think the Malaysian government can manage this? Immigration Office reference all your actual statistics? Chinese brought up properties in Damansara Heights? or Mont Kiara? I find that all your mentioned concerns are not substantiated by statistics but mere hearsay maybe guess work. Take it from me, I am in the heart of these subjects.
@SATERIYA-dp3wb
@SATERIYA-dp3wb Күн бұрын
The only way , to find out is, wait them give green light policy of " little malay town " in China, then them want for us to have a go for " little china " policy And why not, borneo for a Start?
@jameslim3850
@jameslim3850 20 сағат бұрын
History repeating itself. Back in the old days, Chinese have no food (famine) so they migrate overseas including Malaysia, Indonesia and Singapore. But now in 2024 with more Chinese having degrees, there is not enough jobs in China for them. So now they migrating overseas to have a better life including in Malaysia but this will definitely affect the locals livelihood.
@konggg
@konggg 2 күн бұрын
Respect to the PRC is one thing but remember you are a Singaporean or a Malaysian. Loyalty to your own country is the first priority. If one day, the PRC friend or their CCP master asks you to betray your own country, will you do it? The answer is obvious. Of course NOT.
@FoodBondings
@FoodBondings 2 күн бұрын
Hello Mr. Loo pls refrain from saying that many Singaporeans dislike China Chinese, especially on yr channel with so many viewers. We don’t want any unnecessary troubles I believe generally we as Singaporeans prefer to be neutral towards other nationalities and race. Just like our leaders, better to make one friend than enemy
@hwhuang5788
@hwhuang5788 Күн бұрын
China one child policy (1979-2016) makes a couple to inherit their parents' properties. If having 2 or 3 houses, then renting out in the cities, will made the MM2H residents in Malaysia to live comfortably. Those about 50 years old will eventually leave Malaysia for medical / health reasons, a place to be buried. Our Agong is from Johor and determined to welcome foreigners these coming 5 years.
@toonamchin5536
@toonamchin5536 20 сағат бұрын
Hey are intelligent and hardworking people, do you think so easy to become no2 big economy in the world ?
@liowpohhuat9107
@liowpohhuat9107 2 күн бұрын
Huge influx China Chinese will benefit economy growth
@SATERIYA-dp3wb
@SATERIYA-dp3wb Күн бұрын
Yes 👍🏼 Why should they have zero view like of " little malay town " example of like Cape Town adrica africa's ???
@wendyshoowaiching4161
@wendyshoowaiching4161 2 күн бұрын
Not a lot. Malaysia needs 13m population (State: Ipoh (Perak), Johor, KL & Penang)
@SATERIYA-dp3wb
@SATERIYA-dp3wb Күн бұрын
But never Kelantan nor Terrenganu?
@MS113MS
@MS113MS 2 күн бұрын
Good news for the Malaysia economy. Good news for sharp investors in property stocks. 😅😅😅
@yiptainsoo6243
@yiptainsoo6243 Күн бұрын
Yes especially the age 60 and above
@MarcoTham-x9q
@MarcoTham-x9q 2 күн бұрын
S'pore too tiny. Properties are too sky high. They're are always very LCLY. They alwys look down on Malaysia. Why are you so concern. All the tycoons go to S'pore. 😮
@AutonomousSecretRoom60
@AutonomousSecretRoom60 23 сағат бұрын
Chinese already abandon ship even foreigner are too. Thats why Malaysia need to repurpose the properties to go into farming.
@ongweelim6030
@ongweelim6030 2 күн бұрын
Wow Mr loo where are u as u record this KZbin video. I never see a train I guess in see behind your background the signage show 200km
@waynetr
@waynetr 2 күн бұрын
You can stop trying to justify/pump up your investment
@WanderlusttheWorld
@WanderlusttheWorld Күн бұрын
Can you say bad things about Sp500? Because after you say had things, the next day it goes up.
@AlphaMaleMy
@AlphaMaleMy 2 күн бұрын
I love it, the spill over effects from CBD to the surrounding areas will make my property prices surge, I can't wait
@ongweelim6030
@ongweelim6030 2 күн бұрын
Mr loo u think can buy Malaysia property in JB then rent to new influx from China to make some money to fight inflation in SG
@justin-pv6ff
@justin-pv6ff 2 күн бұрын
I don't think so. In KL they can only buy properties 1M and above, Selangor is 2M. As long as homes below 1 & 2M are untouchable by foreigners we will be unaffected badly. Prices are driven due to higher material cost, wages for work men etc for newer lauch real estate while second hand properties prices are not increasing depending on location the demand affects prices. Prices are at it's softest as we speak. If you talk about rental, yes rates are increasing however they are confined to the university area being AFFECTED by foreign students. Such as sunway PJS area and ss15 subang. However if u look at other parts like PJU 1, rental is very affordable same as parts of USJ. However rental rates are climbing steadily in Klang valley due to: 1) increase in maintenance fee 2) increase of bank interest rates 3) surging demand for rental property The population of Klang valley have been increasing with the influx from other states, foreigners, growing population. Therefore rental demand is always increasing and the supply of new property is able to somewhat catch up to the demand. Please don't blame everything on foreigners for real estate price increase, it is very wrong to do so.
@rosalindwong8778
@rosalindwong8778 2 сағат бұрын
Chinese students already plenty in PJ many years ago.my neighbour tenants usually Chinese. Malaysian Chinese owners 99 per cent. Actually the older Singaporean never studied mandarin and a lot of history unknown to them not until blogger in English feeding them about China's history surprised them.
@Ymusputhandle
@Ymusputhandle 2 күн бұрын
Don woli la, foreigners will & can never affect property prices for their bumi lor, unlike in Singapore
@sherinab770
@sherinab770 2 күн бұрын
Singaporean welcomes Malaysian Chinese more. To be honest. As a malaysian chinese who worked at SG. My SG friends and excolleagues treated me like own ppl. Am blessed. Thx for that. Two of my landlords both cooked several times of good meals for me. In my own country, most IT jobs in Oil and Gas industry hired indian from india, they would givr priority to 'import' their own ppl humiliated me during interview but as usual, they copy and paste their entry level text book questions from google. Simply due to interviewer has less experience than myself. While in singapore, government takes care of own citizen first. I wish malaysian government could read this.
@mayfoo02
@mayfoo02 2 күн бұрын
I'm sorry abt ur personal experience but that may not necessarily b representative of the reality in malaysia. The malaysian govt does take care of its citizens very well n I'm saying that from a citizens pont of view.
@sherinab770
@sherinab770 2 күн бұрын
@@mayfoo02 thx but what if I had the same experience twice? While the second case, had the insider news due to my ex fellow colleagues (of over 10 years in several multinational projects working relationships together), who happened to be a local indian told me that my application was rejected immediately due to her India indian boss said...."she was asking for too high in her resume". Well, I was not even being given a chance to ask "please define HIGH", for I never put my expected salary in any of my resume. An IT solution architect didn't get to be interviewed. Several months later, one of the outsourced remote India programmers who worked with me in oil and gas projects in our consulting engagement before, appeared in Malaysia and ironically, he was recruited into the same company of a global paint industry which rejected me....when he was happily arranging our meet up, I had no choice but to leave the country for a semiconductor sector in Singapore. Anyways. I wish our government could hear us out. It is not that we want to leave the country, we were forced to leave due to certain situations.
@mayfoo02
@mayfoo02 2 күн бұрын
@sherinab770 I hear u n I'm not going to negate ur personal experience but logic wld tell u that ur personal experiences, no matter how frequent it's happened to u, what more when it's only twice, may not necessarily be representative of the general culture of a country. Your personal experiences does not provide a broad enough of a sampling for anyone with a reasonable level of intelligence to draw that conclusion.
@sherinab770
@sherinab770 13 сағат бұрын
@@mayfoo02 I have no intention to balance up the intelligence level, not a fiction, do not need anyone's approval, that is not important..what's important is==>perhaps I am missing a beat when you said MY do take care of citizen, I would like to know more. In what specific ways or steps that MY government has done to enforce the private sector in prioritizing the local before foreigners? Any specific SOP? not challenging you, just want to understand only.
@choymaymay
@choymaymay 2 күн бұрын
Anwar is not president, he’s PM
@douglasstanley5209
@douglasstanley5209 2 күн бұрын
Is there a president in Msia ? I thought above PM is the Sultan ?
@sebastianloh9836
@sebastianloh9836 Күн бұрын
Yes, agreed with your statement
@decTac
@decTac 2 күн бұрын
China's Chinese come for kids (English) education which is cheaper in MY than SG, also they look for interesting weather, safety, diversity melting pots and more nature and wildlife conservation attractions. Moreover, Malaysian Islands and beaches are pristine white sands and amazing marine life and coral reefs, these under-rated attractions are not over polluted and not over crowded and a lot to offer to their likings.. And of course they love Malaysian durian varieties more than others..😅
@88usermal
@88usermal 2 күн бұрын
there 2 market , the high end for foreigner are booming. local market below 500k is not selling well. so singaporean want to goreng, u are welcome.
@SATERIYA-dp3wb
@SATERIYA-dp3wb Күн бұрын
👍🏼 goreng 👍🏼 let's just make Soya Sharwarma goreng and Kopi Sora soya arab 0ne
@audreygiamlayhoon
@audreygiamlayhoon 2 күн бұрын
Except in Forest City
@Hing.Dickson
@Hing.Dickson 23 сағат бұрын
China faced huge Real estate bubble bursts recently .. and they coming in to Malaysia will cause the same fate , is like disease ... Not a good sight ... ❌👎 Government of Malaysia should protect local citizens where which affordable property only for Malaysian , foreigners only can buy one property and must be 5millions above .🤔
@franktoh3041
@franktoh3041 2 күн бұрын
Singapore Chinese don't see China as their ancestral land because they feel that Britain and the US is their motherland.
@petiachoo1615
@petiachoo1615 16 сағат бұрын
Nonsense, Singapore is our homeland.
@danielgoh6368
@danielgoh6368 Күн бұрын
Honestly... We welcome Chinese regardless of nationality.... Our Chinese population is decreasing..... Less than 20%> Many of our children decided to migrate overseas. Increase the Chinese population is definitely benefits us... Remember our grandparents are from china... I still have cousins living in Hainan.... Singapore is different... Chinese is majority... They don't have problem of racial discrimination like Malaysia..
@secrets.295
@secrets.295 2 күн бұрын
That explains why from 2017-2021 property price growth was flat, in fact it was negative for a couple of years. And then suddenly property price is growing fast again. Bare in mind the huge spike in MM2H figures are only for China investors. I used to think MM2H is great for Malaysia, I don't anymore. We need more business investors not retirees.
@kongakau5058
@kongakau5058 2 күн бұрын
How can Mr Loo's friends in university be china chinese? At his age, he should be in university in 1980/early 90s? Would be period when china chinese not really in local universities??
@kwokleongawyong1064
@kwokleongawyong1064 Күн бұрын
Singapore is too expensive for these China Chinese likes the fact it is less strict, and they more ethnocentric , there would be problematic in the future. They are already numerous in Thailand.
@user-iz2hz2sh6g
@user-iz2hz2sh6g 2 күн бұрын
This development is absolutely great news for Malaysia’s economic progress.
@atan5207
@atan5207 Күн бұрын
What you said in the video is true. Malaysian Chinese still think about their DNA link to China. Do remember oversea Chinese after so many generations oversea have a different outlook to China Chinese in term of social, cultural, international politics, freedom n democracy etc. So, there are differences. Asian Chinese are NOT China Chinese even our ancestors may have come from China.
@d4nn702
@d4nn702 Күн бұрын
As long as they punctual in paying rent to me, I'm OK. 🤣
@wanalan9958
@wanalan9958 2 күн бұрын
We must not forget our roots even if I consider myself as a Malaysia.
@RPV-xe3by
@RPV-xe3by 2 күн бұрын
Why are Chinese roots so important to you? How old are the roots? Why can't you establish root in Malaysia ?Treat Malaysia as your own country, otherwise you will be ostracized by the locals when you don't identify with the country.
@jeremy4239
@jeremy4239 2 күн бұрын
Then feel free to go back mainland and prepare to get brainwashed. You don't t belong here.
@jansg405
@jansg405 2 күн бұрын
What is your roots? ( PRC or ROC)?
@RPV-xe3by
@RPV-xe3by 2 күн бұрын
@@jansg405 Only plants have roots
@scarnoswan5779
@scarnoswan5779 2 күн бұрын
It means Malaysia is the second
@chrisanthony1421
@chrisanthony1421 16 сағат бұрын
Cheap may not be good. Buy at yr own risks. U only live once why gamble . Singapore is safe
@goldenspoon87
@goldenspoon87 2 күн бұрын
If China economy is so good why are so many trying to move assets out
@ryanyoutube7315
@ryanyoutube7315 2 күн бұрын
Not that singapore ranked low on mm2h. In reality we go in and out easily that we don't need it
@tg988
@tg988 2 күн бұрын
Retired Singaporeans in the army force are also a MM2H holder visa.
@leealex24
@leealex24 2 күн бұрын
SG is small fry in numbers.
@TheJSiew
@TheJSiew 2 күн бұрын
China has 1billion people, 200k is nothing. Not significant
@MrEagleeye58
@MrEagleeye58 2 күн бұрын
From a financial perspective, China customers spend up to $3000 to $5000 per meal at a good restaurant in Singapore . An operator told me. Some fly in on their private jets to patronize specialty food made for them. They are so rich they have eaten everything around the world, so these specialty places prepare food that is design to surprise and delight them -- basically serving "mini kings and queens"
@leonleong9863
@leonleong9863 2 күн бұрын
We have gone back to the era of Chinese dynasties but one that is well industrialised ..
@kongakau5058
@kongakau5058 2 күн бұрын
How come so many rich chinese?
@AlphaMaleMy
@AlphaMaleMy 2 күн бұрын
Singapore is going down hill, in 5 years, MY will take over SG as the dragon of Asean
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