Forest City Project

Forest City’s revival plans reel in crypto bros - THE EDGE SINGAPORE

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?

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.

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.

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

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
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