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Re: Water Treaty Malaysia: The tremendous financial costs imposed on S'pore by LKY's
But they do protect their citizens in terms of property policies. They have the bumi properties which are lower priced. and they require all foreign buyers to buy properties only over $1 million ringgitt, so as the protect the lower price affordable properties exclusively for Malaysians. The PAP don't give a shit. Let foreigners come in and jack the price up for locals to suffer.
I know that they implemented property policies on retrospective basis. Affecting all buyers. Whereas Spore implement policies on prospective basis and people have a choice to walk in or not.
But they do protect their citizens in terms of property policies. They have the bumi properties which are lower priced. and they require all foreign buyers to buy properties only over $1 million ringgitt, so as the protect the lower price affordable properties exclusively for Malaysians. The PAP don't give a shit. Let foreigners come in and jack the price up for locals to suffer.