Forest City in Johor the second most useless megaproject in the world.
#1

A Youtube channel Top Luxury ranked Forest City in Johor the second most useless megaproject in the world.


Forest City over in Iskandar Malaysia was built as a green futuristic smart residential city on four artificial islands and built around an artificial forest ecosystem.


It’s mainly built to attract Chinese nationals to make Malaysia their second home. According to Top Luxury, the road signs are in Mandarin and there are also a few schools there offering Mandarin courses.

https://www.therakyatpost.com/news/2021/...e-channel/
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#2

Looks impressive but basic idea that people from China will come all the way here to relocate and fill up the units....how is it going to work? There are no jobs for them in JB.

Given the glut in housing in JB.wnd people from JB are going to KL. Rental is also going to be poor.

China developer is just tapping on China investors demand for property.

Typically after they buy they just keep. They won't even brother to rent out.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

They hoping to work in sg?

https://sgtalk.net/Thread-Sin-Heng-Heavy...ffer-58cts
Always fight lowball offers wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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#4

They are beautiful but the price must be right.
The Time must be right.
Right time does not means Peaceful.
Just an echo in the wind.
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#5

I tot during mahathir time they restricted Chinese visa .... Or buyers.


Smile
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#6

Cannot invest in mudland, this third world country flip flop on their policies and rules. Look at the rubbish My second home and many other screw up ruling.
[+] 1 user Likes Great's post
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#7

its quite a waste to let it rot. shd let sinkees take over and manage and you'll see the difference.
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#8

that video is outdated
this is the latest

https://www.youtube.com/watch?v=I87FMAyh93I
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#9

ahtiong's building speed super fast
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#10

Beautiful project but in a taleban like cowboy country.
[+] 1 user Likes Yin yang's post
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#11

which tycoon n listed co involved in forest city?
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#12

(23-11-2021, 10:37 AM)menghuii Wrote:  that video is outdated
this is the latest

https://www.youtube.com/watch?v=I87FMAyh93I

The buildings are completed, but there is not a single car on the road. Almost thought it was a computer simulation, except I saw a boat moving on the sea behind.
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#13

I always tell people don't be So hype on property even come BTO Flats.
Pls man, How big is SG ?? buy to invest

every tom, dick and harry also go into it. Just because see rich people invest?

Rich people is " PARK " their " EXTRA money " On property , some " even so call do money laundering usually from Oversea rich people "
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#14

(23-11-2021, 06:49 AM)p1acebo Wrote:  They hoping to work in sg?

the selling point is ‘vey near Spore’. Laughing
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#15

WONDER ANY  MILLIONAIRE PAP MPS N MINISTERS ALSO KENA CON BY THIS FOREST CITY ESPECIALLY THOSE WHO ARE  ORIGINALLY FR MALAYSIA  IF KENA THEN IS CALLED KARMA TO THEM
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#16

OBOR operande is China as the pawn broker
it is a great game. Now green bonds cannot fly
worth out of thin air 150T over 30ya.
Singapore Christmas came early most like pay center for said Bonds.
In the malee u must pay as low as possible for said Forest city.
U must play dirty.
There is infightings among the 5-eyes.
The people in said eyes are protestings.
Links follows:
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#17

https://youtu.be/zB91GepJHxI
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#18

https://t.me/databaseitalia/2138

https://t.me/guerrieriperlaliberta/6036
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#19

think positively if these millionaires and billionaires dun buy them but come here to buy instead, what'll happen? like hk, sh? 2000psf will becum 3000psf, and 3000psf will becum 5000psf?
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#20

(23-11-2021, 05:01 AM)sgbuffett Wrote:  Looks impressive but basic idea that people from China will come all the way here to relocate and fill up the units....how is it going to work? There are no jobs for them in JB.

Given the glut in housing in JB.wnd people from JB are going to KL. Rental is also going to be poor.

China developer is just tapping on China investors demand for property.

Typically after they buy they just keep. They won't even brother to rent out.

Actually I pity the Chinese who bought. They're mostly people (the farmers) who got a windfall out of selling their lands to the Chinese govt. They're not very educated but got a large sum of money plus relocation housing so the rich developers sell them a dream - the dream of having easy access to Singapore. But the developers never tell them that despite their proximity, it is not so easy to come to Singapore.
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#21

those landed houses in forest city are very nice and dirt cheap. one sg boss bought 4 units, intended for staff recreation. now left empty.

imagine if you can grow plants herbs vegies, rear chickens and ducks for eggs, bbq anytime, dip in the sea, fishing or simply lie down on the beach doing nothing. shiok right?
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#22

(23-11-2021, 12:39 PM)WhatDoYouThink? Wrote:  those landed houses in forest city are very nice and dirt cheap. one sg boss bought 4 units, intended for staff recreation. now left empty.

imagine if you can grow plants herbs vegies, rear chickens and ducks for eggs, bbq anytime, dip in the sea, fishing or simply lie down on the beach doing nothing. shiok right?

Depends, if the boss just park this money, which is Extra ones , even lose money also nothing to lose since is EXTRA funds.
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#23

(23-11-2021, 12:58 PM)[[ForeverAlone]] Wrote:  Depends, if the boss just park this money, which is Extra ones , even lose money also nothing to lose since is EXTRA funds.

that's right. for ppl like yr rich uncle, they very worried their money will disappear or stolen. the safest is properties. even if collapse the land is still there. they can ado sleep better at night
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#24

TKL bought few units
but he few m lose is spare change
jio people to buy in 2019
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#25

(23-11-2021, 01:31 PM)Talent Wrote:  TKL bought few units
but he few m lose is spare change
jio people to buy in 2019

Nevermind he made back his money via Tesla already Big Grin

https://sgtalk.net/Thread-Sin-Heng-Heavy...ffer-58cts
Always fight lowball offers wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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#26

I look at this project and wonder ...why nobody ask "basic questions"

1. Where are the people to fill the housing coming from. Johoreans are leaving for Singapore and KL.
An apartment without demand how is it going to work.

2.There was already a glut of JB property during that time. How can market absorb?

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#27

the original idea was for the hsr to run from kl to sg, with a stop at fc. now this idea is scrapped.

what's the next better idea for fc to prosper, and sinkees to fulfil their dreams of owning a cheap condo or landed, and for both garments to benefit from? the idea shdnt be too difficult if all parties involved are willing to cooperate

if fc dun catch up, it'll lose big to pc when the rts is ready in a few yrs time
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#28

(23-11-2021, 11:33 AM)singlon Wrote:  https://youtu.be/zB91GepJHxI
photo shop?
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#29

(23-11-2021, 02:12 PM)sgbuffett Wrote:  I look at this project and wonder ...why nobody ask "basic questions"

1. Where are the people to fill the housing coming from. Johoreans are leaving for Singapore and KL.
An apartment without demand how is it going to work.

2.There was already a glut of JB property during that time. How can market absorb?




Forest city becomes Ghost City


Rotfl
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#30

(23-11-2021, 07:38 PM)Rubitin Wrote:  photo shop?

No dear from paid intel.
There are 3 links
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