Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 FOREST CITY, Iskandar Johor

views
     
michaelchang
post Aug 29 2018, 09:49 AM

Enthusiast
*****
Junior Member
916 posts

Joined: Sep 2016


QUOTE(corleone74 @ Aug 29 2018, 09:40 AM)
naahhh it's a good thing, china is a big bully. what probably happened was the developer tried to strongarm M to give visas to their prc buyers (the developer ceo met M before M went to china), so M come out openly and say No. i also think M these days great grandpa already... so you know very old people they heck care what pipu think of them, they just tembak without any filter.

did you know just early this year the same developer asked putrajaya to change the alignment of HSR to come to forest shitty?
imagine they had the cojones to do that openly.
so now M in power, he just say No you all better follow the law of maresia.
that's all...
*
This developer very powerful and even Singapore give in to them, they advertise Forest city buyer has private lane immigration access to Singapore. They build a private ramp to link to Singapore.
michaelchang
post Jan 19 2019, 03:05 AM

Enthusiast
*****
Junior Member
916 posts

Joined: Sep 2016


no need to debate so much, Forest City is another failed project like some other Iskandar projects.

Lose $$ the moment sign on S&P

Reason : Priced too high above local market (3-4 x more)


michaelchang
post Aug 27 2023, 07:27 PM

Enthusiast
*****
Junior Member
916 posts

Joined: Sep 2016


QUOTE(Aldo-Kirosu @ Aug 27 2023, 07:21 PM)
https://www.freemalaysiatoday.com/category/...in-forest-city/

Will this project bacome better under Anwar government governance?
*
Parent company in China going bankrupt.
michaelchang
post Oct 13 2023, 09:12 PM

Enthusiast
*****
Junior Member
916 posts

Joined: Sep 2016


QUOTE(PAChamp @ Oct 11 2023, 10:35 AM)
I think this project was too large and too soon. It could have worked but there were factors such as the geopolitical tussle between China & USA which affected this project as well as the restricting of MM2H. It does nobody any good to see this project fail. The state govt with the sultan and the federal govt should co-operate to see this project succeed. Finish the rail connecting SG to JB, do the HSR from SG to KL. Make it so easy for people to commute from JB to SG and back and you will see JB property boom and forest city may be revived. SG investment is key as well as foreign buyers from China. Locals would not go for this project.
*
Malaysia in massive debt and have to raise SST, additional luxury tax, reduce subsidies. Cannot afford to spend so much $ just for Johor. Most of the spending are for debt repayment.

With the parent company going bankrupt, this forest city will become a ghost city soon

 

Change to:
| Lo-Fi Version
0.0281sec    0.56    7 queries    GZIP Disabled
Time is now: 18th December 2025 - 11:59 PM