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What if hdb buy over this at a steep discount? Got takers?

syed putra

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The ghost town of Forest City​


Originally envisioned as an innovative smart city constructed on four artificial islands in Johor, the project appears to be inching along with only a fraction of the occupants initially targeted.
Ahmad Sadiq Mohamad Sani
May 16, 2022 10:44 AM


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Office blocks are advertised on a signboard along a highway heading towards Forest City. The project had largely targeted Chinese nationals who, it was hoped, would make the area their second home.

Residential buildings loom on one of the four reclaimed islands of Forest City. As of 2020, fewer than 500 people lived in Forest City compared to the 700,000 originally targeted. Carnelian Tower 1, which houses the Forest City management office, stands in the middle of the project area.

Despite the fanfare that accompanied its launch, the roads leading to the Forest City project are for the most part quiet and deserted. In keeping with the project’s name, many of the buildings feature greenery meant to give the illusion of living amid nature. Workers continue maintaining the shrubs around one of the buildings despite the project’s low occupancy rate. Not far off, a signboard has rusted and fallen over and now lies abandoned on the road. More greenery hangs over a row of shoplots, none of which appears to be occupied. Inside, dead leaves litter the ground, lending a ghostly air to the empty shops.

Still more shops stand devoid of customers with their shutters pulled down. A handful of tourists sit at a pop-up drinks stall. Outside, even the beach appears deserted with only a woman and her child taking pictures at the waterside. Further down the beach, there are signs of activity as jet-ski and banana boat operators wait for tourists. A sign in English and Chinese reminds largely non-existent tourists of prohibited activities. A small group of tourists chat at a playground still shiny-new and without the wear and tear normally associated with the presence of children. There are no children in sight at the water park, either. The Tuas link connecting Johor and Singapore can be seen in the distance, a 20-minute drive from Forest City.

Of the four islands initially envisioned, only one is complete. An aerial view of the Forest City residential buildings – minus, it seems, the residents. Nearby stands the Tanjung Pelepas port from which some workers are said to be renting units at Forest City for RM700 to RM1,300 per month
https://media.malaysianow.com/wp-content/uploads/2022/05/16000508/ForestCity11_MNow_140522.jpg
 

batman1

Alfrescian
Loyal
With the frequent flip-flop policies of the Malaysian Govt,very difficult to attract foreign investors:laugh:
 

Flying Horse

Alfrescian
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The ghost town of Forest City​


Originally envisioned as an innovative smart city constructed on four artificial islands in Johor, the project appears to be inching along with only a fraction of the occupants initially targeted.
Ahmad Sadiq Mohamad Sani
May 16, 2022 10:44 AM


Share
https://www.facebook.com/sharer.php?u=https://www.malaysianow.com/multimedia/2022/05/16/the-ghost-town-of-forest-city/
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Office blocks are advertised on a signboard along a highway heading towards Forest City. The project had largely targeted Chinese nationals who, it was hoped, would make the area their second home.

Residential buildings loom on one of the four reclaimed islands of Forest City. As of 2020, fewer than 500 people lived in Forest City compared to the 700,000 originally targeted. Carnelian Tower 1, which houses the Forest City management office, stands in the middle of the project area.

Despite the fanfare that accompanied its launch, the roads leading to the Forest City project are for the most part quiet and deserted. In keeping with the project’s name, many of the buildings feature greenery meant to give the illusion of living amid nature. Workers continue maintaining the shrubs around one of the buildings despite the project’s low occupancy rate. Not far off, a signboard has rusted and fallen over and now lies abandoned on the road. More greenery hangs over a row of shoplots, none of which appears to be occupied. Inside, dead leaves litter the ground, lending a ghostly air to the empty shops.

Still more shops stand devoid of customers with their shutters pulled down. A handful of tourists sit at a pop-up drinks stall. Outside, even the beach appears deserted with only a woman and her child taking pictures at the waterside. Further down the beach, there are signs of activity as jet-ski and banana boat operators wait for tourists. A sign in English and Chinese reminds largely non-existent tourists of prohibited activities. A small group of tourists chat at a playground still shiny-new and without the wear and tear normally associated with the presence of children. There are no children in sight at the water park, either. The Tuas link connecting Johor and Singapore can be seen in the distance, a 20-minute drive from Forest City.

Of the four islands initially envisioned, only one is complete. An aerial view of the Forest City residential buildings – minus, it seems, the residents. Nearby stands the Tanjung Pelepas port from which some workers are said to be renting units at Forest City for RM700 to RM1,300 per month
https://media.malaysianow.com/wp-content/uploads/2022/05/16000508/ForestCity11_MNow_140522.jpg
Wow ! Fantastic. With rental rate at RM700 to RM1,300 per month, this is a tenant market. Too bad for owners.
 

zeddy

Alfrescian (Inf)
Asset
That stretch of beach is polluted with rubbish and the water damn dirty. Once in a while a lone 4 m croc would swim around the waters there. The residents already know about this and that's why they dont dare to take a dip in the waters. During the reclaimation project, that croc would linger on the beach. The local divers involved also scared to go down from their workboat.
 

zeddy

Alfrescian (Inf)
Asset
The problem with the condos in JB is because of the poor management by the owners. Most condos there look nice from the outside. Once you enter you'll see so many defects, lack of maintenance for their facilities, algae covered swimming pool, poorly maintained gym equipments. Tennis courts covered with dry leaves. Security boh chup letting everyone into the condos without doing a proper ID check.
 

blackmondy

Alfrescian (Inf)
Asset
These tofu apartments are built on reclaimed land that have not been fully settled down, making the stability of their foundations questionable.
 
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