QUOTE(Jazted @ Apr 20 2024, 08:23 PM)
Where is the economic activity to support this home buyers?They can't be all retirees who collect free pensions living there. These condos are close to half a million a unit.
70% of properties in Forest City sold
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Apr 20 2024, 11:44 PM
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#21
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1,030 posts Joined: Jan 2022 |
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Apr 20 2024, 11:56 PM
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867 posts Joined: Feb 2017 |
when u sell to majority Mainland Chinese, mostly investors.
i remember i read somewhere in weibo before the buyers bashing the project said is ghost city. but some China netizen themselves laughed at them saying who are the one making it ghost city when buyer not staying in there. |
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Apr 21 2024, 12:09 AM
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542 posts Joined: Apr 2022 |
QUOTE(petpenyubobo @ Apr 20 2024, 11:44 PM) Where is the economic activity to support this home buyers? If you look at the Sasaki Associates master plan for the forest city itself, the 4 islands will act as an CBD itself also has their own custom clearance and public transport. The current Forest city development is still long way to go.They can't be all retirees who collect free pensions living there. These condos are close to half a million a unit. ![]() ![]() |
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Apr 21 2024, 12:11 AM
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542 posts Joined: Apr 2022 |
https://www.reddit.com/r/malaysia/comments/..._apartments_in/
Can join in the reddit discussion. Also, inside i spot some familiar name there ![]() |
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Apr 21 2024, 12:12 AM
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1,075 posts Joined: Oct 2022 |
last chance to get it cheap
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Apr 21 2024, 12:26 AM
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542 posts Joined: Apr 2022 |
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Apr 21 2024, 12:27 AM
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Apr 21 2024, 12:28 AM
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#28
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2,403 posts Joined: Dec 2004 |
the man made island will sink or not
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Apr 21 2024, 12:29 AM
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542 posts Joined: Apr 2022 |
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Apr 21 2024, 12:32 AM
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1,075 posts Joined: Oct 2022 |
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Apr 21 2024, 12:37 AM
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436 posts Joined: Dec 2021 |
QUOTE(Jazted @ Apr 21 2024, 12:26 AM) Current the cheapest is 370k...unless can lowball those PRC to let go maybe 200k for 500sf studio unit. 600+ psf for a ghost city is still expensive. Even at 300 psf one has to think thrice before buying. Safer to buy in a sang ka la place in klang valley than forest city me thinks.![]() |
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Apr 21 2024, 12:39 AM
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#32
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542 posts Joined: Apr 2022 |
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Apr 21 2024, 12:40 AM
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1,075 posts Joined: Oct 2022 |
QUOTE(Sihambodoh @ Apr 21 2024, 12:37 AM) 600+ psf for a ghost city is still expensive. Even at 300 psf one has to think thrice before buying. Safer to buy in a sang ka la place in klang valley than forest city me thinks. hard to saymalaysia is going down the drain KL might be dead soon at least johor near singapore might survive QUOTE(Jazted @ Apr 21 2024, 12:39 AM) oh noso sad Sihambodoh liked this post
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Apr 21 2024, 12:40 AM
Show posts by this member only | IPv6 | Post
#34
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16 posts Joined: Feb 2022 |
Ok, Now 70% sold, next year 700% sold.
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Apr 21 2024, 12:42 AM
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542 posts Joined: Apr 2022 |
QUOTE(Sihambodoh @ Apr 21 2024, 12:37 AM) 600+ psf for a ghost city is still expensive. Even at 300 psf one has to think thrice before buying. Safer to buy in a sang ka la place in klang valley than forest city me thinks. Yep buy only for own stay and work in Singapore. Investment then no. Sihambodoh liked this post
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Apr 21 2024, 01:12 PM
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542 posts Joined: Apr 2022 |
QUOTE(phunkydude @ Apr 21 2024, 12:28 AM) Land reclamation is also used dubai But it required years before the soil stabilize before major building work began. If too rush, can expect some crack in the wall due to soil settlement. (soil move abit then a crack on the wall) |
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Apr 21 2024, 07:55 PM
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#37
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1,053 posts Joined: Jan 2008 |
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Apr 22 2024, 12:56 PM
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542 posts Joined: Apr 2022 |
JOHOR BAHRU, Malaysia, April 22, 2024 /PRNewswire/ — On April 18, 2024, Malaysia’s Prime Minister Anwar Ibrahim and entourage visited Forest City. The Malaysian Minister of Defense Mohamed Khaled bin Haji Nordin, the Malaysian Minister of International Trade and Industry Tengku Zafrul Aziz, the Malaysian Minister of Economy Mohd Rafizi bin Ramli, Johor’s Chief Minister, Onn Hafiz joined in the visiting.
The Forest City project in Johor, Malaysia has recently garnered significant attention, as it is set to host the ASEAN Tourism Forum from January 19th to 25th in 2025. This announcement was confirmed by the Minister of Tourism, Arts, and Culture, Dato’ Sri Tiong King Sing, and his team, who held discussions with the Johor state government. The remarks made by the Malaysian Minister of Transport, Loke Siew Fook, have also captured public interest. During an interview, he mentioned the need for a reevaluation of the route if the new Kuala Lumpur–Singapore high-speed rail project were to resume. He emphasized the importance of incorporating the Forest City Special Financial Zone and the Johor-Singapore Economic Zone into the planning process to ensure sustainable development and synergize with strategic areas for regional growth. Additionally, Johor’s Chief Minister, Onn Hafiz, revealed that the Johor-Singapore Economic Zone would be closely linked with the Forest City Special Financial Zone. This decision is expected to bring more investment opportunities, job creation, and development projects to Johor, benefiting both residents and businesses. Furthermore, Onn Hafiz mentioned the establishment of the Iskandar Malaysia Facilitation Center, following the suggestion of the Minister of International Trade and Industry, Tengku Zafrul Aziz. This center will further facilitate business activities in the Forest City, attracting more investments to Johor. These initiatives from both the Malaysian federal government and the Johor state government underscore their commitment to the development of the Forest City project. This concerted effort not only instills confidence in foreign investors regarding the viability of the Forest City as a strategic business hub but also positions Johor as a focal point for international investments. https://digitalmore.co/the-forest-city-proj...cant-attention/ ![]() |
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