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 Which is a bigger failure, cyberjaya or forest ct?

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Clueless07
post Sep 1 2022, 09:16 AM

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QUOTE(Imp Bron @ Sep 1 2022, 09:06 AM)
Forest City failed besides just being besides Singapore is kinda mind boggling
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too big, too ambitious.
and once mega project don't get occupied, it will be come un-maintained

many buyers wont pay maintenance, so JMC have limited fund
this make less people wana move in, those moved in also moving out.

imaging 1000 units, only 100 people stay- still can than to maintain 2 blocks

but there got 10,000 units ? with less than 500 units occupied?
wont be any people wanna come in,
also some those are here, under rental will move out also.


those from mainland china which bought- are filthy rich and won't bother and cant do much as well
those in Malaysia which make the purchase, will cry every night.

anyway- what is the business model? mainland people here come as vacation home?
else - we got so much demand for high rise here
Clueless07
post Sep 1 2022, 09:30 AM

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QUOTE(Imp Bron @ Sep 1 2022, 09:20 AM)
Looks like poor planning and execution
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perhaps wrong concept/business model to start with



 

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