Since you have bring this up, let me give you some of my personal view...
Why they welcome FT..
For..."VOTES"
Why, you would ask me..Simple.
In the speed of FT overtaking the Local, FT votes are favourable to the ruling party than our locals.
Take our punggol for example, how many of your nieghbour are FTs,
During the recent election, i observed a lot of china accent speaking voters in the Q in my polling stations, and i was shock...very very shock.
For FT, their aim is only short term, i am also working in a MNCs, more the 50% are FTs......who say 75% are singaporean....staying in JBs...earning double of what we earning the higher the exchange rate, the happier they are.. Anyone dare to open their books?
p/s : I am only sad to say that i am not blind. I still can see...to see what is under the carpet.
Have also notice that these FT nieghbours are also very snob so how to welcome them...
