Watch for time keeping should be irrelevant for most people these days because of the presence of more affordable wearable/smart phones. It is more of an accessory or a hobby now.
With that, Malaysian based or not, should be very subjective because everyone has their own preference. History, story, movements, dials, variants, reliability etc all affects the demand. So its really tough to get an applicable feedback or apply a general answer to this.
Any specific brands you're referring to? Haven't heard of any Malaysia based watch yet and I'm still new to this industry, would be great to see some recommendation, always open for good design and reliable pieces.