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Forest City Project
Singapore-Malaysia ties
Forest City’s revival plans reel in crypto bros
The Malaysian government is trying to revive the US$100 bil "ghost town" of Forest City with a host of attractive financial incentives. Crypto bros have bitten the bait, will family offices do so too?
October 03, 2024
Malaysia
Malaysia offers zero tax for family offices in US$100 bil Forest City development
Forest City will be the first in Malaysia to provide the programme, the incentive will be operational by first quarter of 2025.
September 20, 2024
Malaysia
Malaysia now says foreigners allowed to purchase Forest City properties but cannot guarantee residency
SINGAPORE (Sept 5): Inaccurate information about the Forest City project in Malaysian media reports have caused a misunderstanding among parties, according to Johor Menteri Besar Datuk Osman Sapian.
September 05, 2018
Global Economy
These fake islands could spell real economic trouble
(Sept 3): Where is it that we’ve seen glittering archipelagos like Malaysia’s Forest City and Melaka Gateway developments before? Those stretches of newly packed white sand, dotted with palm trees, villas, marinas, high-end retail malls and office tow
September 03, 2018
Malaysia
Mahathir says US$100 bil Forest City Project in JB off limits to foreigners
(Aug 27): Malaysian Prime Minister Mahathir Mohamad on Monday declared that foreigners will not be granted visas to live in the giant Forest City real estate project on the country’s southern tip, a major threat to the marketing strategy for the develop
August 27, 2018