the locals Chinese will only buy landed and in the range of 300-700k ringgit at most and expect it to sell for millions to foreigners but their government put a minimum price on landed properties that foreigners can buy. At the same time, try to take us as carrots by selling those unwanted and overpriced condos that is destined for a big loss. All the hard earned money gone like that. But at least their government support it citizens by allowing them to buy landed at cheap price and sell high while earning Sing dollars while restricting silly foreigners to strata titled condos/landed properties in ulu towns selling high to them while smoking them with high investment returns through rent and capital appreciation once the RTS is completed. Johor is 3 times bigger than Singapore and Johor Bahru has a population of 1 million plus. With so much land and so little population, they can keep on building landed for locals and condos for foreigners. Most will rent in Jb while working in Sing once the RTS is completed, those landlords in Sg will suffer as a result.
this project is to "con" mainland china investor n some super rich but not super smart people. Smart people won't buy something built on reclaim land lah.
Hmm... I thought people like the former NTUC head are retirees. Do retirees buy houses for financial returns? How long do they want to hold? Till next life? I guess there are many housing speculators in here.....
Any body think if Country Gardens will be as bad as Forest City? I'm considering to buy at Country Gardens but learned that they are the same developer. I went to the development recently and I saw that they already have a community there. I was told about 60 to 70% of the units were sold already. I am just having a little doubt after finding out that they are the same developer.
Well in London we have the same issue Chinese Arab and Russian wealthy people buying all the new builds governments allow this as they make huge returns however civilians working class end up paying inflated prices as there is less property in the market
Forest City has no potential of capital gain ~ it is a property of buying low n selling low. The original target audience is foreign Chinese buyers with a massive take up rate. This is not happening at present, therefore the infrastructure is too big for small take up occupancy. Henceforth, local daily amenities r not readily available. Further onwards, maintenance, up-keeping will lacking due to short funding.
Dont worry, the foreigners will come back again. Slowly. Who don't want cheap stuff? Just offer the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!
@@marvelcomiks8078 If done as you said ~ Malaysia will be doomed. Foreigners can buy condo that are cheaper than Bumiputra and still cheaper than low cost housing. There will be chaos n the people would go ask for change.
@@angxiang3186 If you sell high, nobody will buy. That is worse. Its okay for foreigners to buy slightly cheaper, then force them to sell even cheaper later on to locals. Job done.
@@marvelcomiks8078 The train has left for Forest City. The next revival opportunity would be HSR revival; whereby labour mobility against low cost living next to Singapore would made it attractive for locals n foreigners. Also, if the condo is cheaper than local low cost housing ~ why would foreigner then want to/“force them to sell” = how??? So cheap, I buy then I stay a short time or just keep it; because selling also “not much money or make any profit”. Just like your “old car” that is parked outside your house.
Agree! Just offer the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals later on. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!
@@crystal2484 Priority is to sell these units first and get the foreigners' monies. How to fill it later can be solved by letting in more Bangladeshi men to marry our local malay women.
Agree with this! but banks won't allow that to happen as it would devalue the property and they hate it. If developer did that, they increase the mortgage
Sign of revival returning !. The Common sense of Malaysian politics will make the way, with PM SUPER X and the Sultan of Johor, who will be the Agong next year.
Malaysian Government has put lots of restrictions on foreign buyers , its difficult for them to buy in. Those who have put deposits but not settled has seen their values plummetted such that they lose their deposit by walking away. The prices have crashed and its difficult to find buyers. As you know the developer Country Gardens is near bankruptcy. They have heavy debt because could not sell the properties at a profit.
People were burnt in Gelang Patah in 97, people were burnt also under Mahathir and COVID-19. I tell you this, you can buy factory, can buy other thing. Resi last time buy a terrace in Gelang Patah SGD 200,000 in 1997, now you ask yourself ringgit depreciate how much? Not to mention being Malaysia, the lift old, who pay for the change. Building old who pay for repaint?
Wait till RTS Link complete..the johor property will bounce back..many malaysian working in Singapore will move to JB by travel daily to singapore work due to high rental Singapore home
Should sell the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!
@@dxelson Well, we are not forcing them to buy. Its free will. Visa and custom is a separate matter from property investments. Anyway, we can still let them visit like once a year for a week or two.
@@one688easy Give free then developers earn nothing. Cannot. Must target foreigners and sell to them. Locals can get cheap later on after the foreigners sell these when they cannot come in easily, don't worry. Just wait.
Sg put up more criteria for purchase of property by foreigners I understand la cos we are so cosmopolitan, investment sound and more importantly a very safe country. Our dear fren oso want put all these criteria ah? Sure anot? Even their own fellas also eager get PR in sg and we are also not too keen to purchase anywayzzzz, having known lotsa sg ppl dump their lose change previously into longkangs with pathetic ROI….. so until the system becomes sound and non corrupt like sg then we sit down see how lor…. Dun anyhowssss chut more pattern cut water cut chicken supply hor….. cos like now the supplies we have from other regions actually taste better n there’s no turning backssssss🇸🇬🇸🇬🇸🇬
any big developments in Johor is also owned (if not partially) by the Johor royal families….they wanna make Johor, JB especially the wealthiest state/city in Malaysia….they want the best of everything…just look at the JDT football club as an example…. n then Legoland…Premium Outlet….now this…their target market is not locals Johoreans or Malaysians…its Chinese n SG… no one would believe this but the Johor Royal Family owned almost half of Orchard Rd🤷🏻♂️
there's incredible potential here, just like hk and shenzhen, greater bay area, etc. the foundation's been laid and things are on the right track. it's going just take time, some fine tuning, etc.
it is going to take decades even with Anwar government, they are not the Chinese who are simply unbelievably in turning Shenzhen from a fishing village into the silicon valley of china.
Stakeholders of Forest City need to inject life to the project ot see it through. Otherwise it will solidify as a national embarrassment/failure . It needs to obtain continuous events & new purposes to have it relevant and maintain attention of potential buyers. The success of FC is there to be had, but will the leaders need to take charge and enable it.
The Malaysia My Second Home is ridiculous. If changes to encourage foreigners to stay and home ownership, it will greatly emhance the whole local economy
Singapore enjoys high GDP per capita in the world. However most average Singaporeans will grapple with the high cost of living and great stress of coping their work. Eventually, most of them will have to migrate to other parts of ASEAN or the world. Johor will be the most affordable and closest to Singapore to achieving better quality of life. KL and Penang also offer good value for money. Retirement is your last chance to enjoy life in this world. Make full use of it.
You migrate loh, the rich ones coming in will replace you and your gov....won't miss you! And a matter of fact ,the present gov would be happy loser goes out, rich ones comes in, that is their policy and will be the policy yrs to come. The amount of wealth outside Singapore is.....staggering only locals who cannot make it are struggling!
@@zzy341 Watch Ghib Ojisan UA-cam video entitled Reality Singapore & Retiring in Penang. Some glimpse how Singaporean migrated to other countries. Ghib is a Japanese married to Singaporean wife but they live in Singapore.
It is better to retire in other part of South East Asia like Thailand, Philippines, Vietnam or Indonesia. I don't think so Malaysia is attractive except for cheap fuel, foods.
You know, Singapore will not do something like this - a white elephant. For a mega project like Forrest city, there must be manage by people who are efficient, smart, good foresight and business prowess. Finally, the most important - corrupt free.
As long as banks are holding on to their super tight loan policy, JB property market can never see real recovery, i mean lets be real, there are never a lack of local property buyers, but 90% of potential house buyers are put to aside with silly bank loan criterias like income tax, pay slip, epf documentation requirements, Just ask yourself something, how did Johor became this rich today? why our great grandfathers can own a house raise 10 children who later on own 10 houses of their own? since najib's era all have changed, instead of moving forward, we are moving backwards by implementing stupid nonsensical documentation requirements that hinder progress and hinder Johor's property glory, restore the old loan system and relax the documentation criterias and Johor will easily be the riches state in malaysia.
Jai Hinduja. Developers even with royal connections were killed off by Mahathir government policy change. So the strange thing is that many humans have no proper abodes but the ghosts can choose which abandoned luxury flat they wish to stay.
If they build another MRT link from forest city to Tuas link Station, Singapore, similar to the RTS link at the woodland causeway, the demand for units there would instantly increase
So long as Mahathirism doesn’t come back… Anyway many Singaporeans are moving there… so that’s why. But is it sustainable? Will Malaysians and Johoreans be ok? Time will tell
A failed project. Imagine with only around 9,000 residents with such hige area, the maintenance cost and utility bills must be rising but the revenue is declining. What is kore worrisome is that the developer of such project is having a big problem with its debts. Good luck to investors trying to buy up to this lame hype
Owned a high-end property in Penang during Mahathir's second term. Better choice or not doesn't matter when at one fell swoop the property gains tax law can go against you at an instance. As long as a government is prone to flip-flopping, it is best to go in with the knowledge that if you buy a property in Malaysia, be prepared to use it as a retirement home and nothing more.
It can happen anywhere in this world actually. Even Singapore are having the things you describe happening this year too in their parliamentary budget announcement.
@@anglo-saxonconnor817 Sure it can but did the policy flip-flop happen overnight in Singapore’s case? I don’t live in Singapore now but as far as I am aware, the Singapore government always give a certainty period of notice - not so with Malaysia (at least with the property gains tax during Mahathir’s time).
Too risky to live and buy a unit here! If crack and faults are found in these buildings, who will repair it? The builder Country garden is bankrupt!!! People who bought houses in this places were investors, not residents and have lost money due to devaluation. China made product are of low quality. Wont be surprise if the buildings collapse in the future because they were built in sandy base of artificial islands.
well, if one have the means, one buy SG property. if one is super rich and has to spend money anyways without considering ROI, one can consider buying JB properties, after their SG properties. 🤣
Eventually JB will hold the houses for old retirees from Singapore, old folk apartments and condominiums are cheap and convenient places for these Operator to start business there.
Is Johar supposedly so famous that most of your audience knows what it is? Aside from the comically sounding accents that vaguely indicated Singaporean or Malaysian original, it doesn't take much to add the country of origin to your vid.
It's overrated.... Indochina region value of 💵.... Great infrastructure.... Hanoi... Phnom Penh cheap..... Bangkok... sriracha....hua hin.... Chiang Rai.... Chiang Mai.....udon thani.... popular demand.....
They build an expressway directly from forest city to singapore bypassing both customs. Don't even need to chop/scan passport. I immediately go buy one. Call it the SG-jB merger zone. 😂😂🎉🎉
Please never made bad each other.never made bad each area of Malaysia.people may see i explain to the people forest city not a forest.its not rm 100 billion failure but roughly near rm 20 billion with not much people pass by or in the area year 2020,2021,2022 partly.wht the point of developement and sharing of wealth if talk bad about developement of particular area(toxic enough).
Now Johore having surplus in supply of dwelling house in the forest city. What is lacking is the industries. We need to boost the economy by making the straits of Johore to function well. So please remove the cause way. It was built by the British to bring products from west Malaysia and the Western coastal. The Japanese was more ambitious during the ww2 and extended the railway track to Rangoon in Burma to make Singapore more important trading zone. Now let's share the economy in at the southern tip of Malaya with Johore Bahru which now fully monopolised by Singapore.
And why would singapore do that? The port is singapore's only rice bowl. Removing the causeway means destroying the singapore economy. Besides, PTP is already top 20 busiest port in the world. If malaysia/johor government was competent enough, the port can surpass singapore since it is situated right on the malacca straight, BEFORE singapore port. PTP can easily attract ships to dock there instead of singapore. But that hasnt happened? Why? Definitely not because of the causeway.
USA graduate year 2004 statement; The Forest City not a failure.but just because of covid-19,and oversupply it look like a forest of concrete. But people who dun buy it,making noise like the pakatan people,is no use.give it till 3-5 years(till 2026-2028),this project be a succcess and the city will be vibrant with activity. Somemore singapore big rise in rent after year 2020-2021,give support to Forest City. My vision,seing Forest City a success with many activity.
@@buburbibik Except for his corrupt activities, Najibnomics still the best. A lot of successful mega projects was initiated during his tenure and GST was supposed to fund them. Now, no GST and no mega projects. All going into saving mode. Which is not good for economy.
This is partly Najib success, he want to build the high speed railway that start here, it is already attract big chinese investor, Mahathir cancel the project & no longer friendly to chinese investor. Then come covid19...
hahahhahahahah I hope before you comment - you keyboard warriours are aware that Danga Bay and Forest City are actually two totally different locations and developers too. This CNA Video is overlapping between the two locations.
Good for retirement. Mainland Chinese will be drawn to it. Singaporeans will be drawn to it too, but the law will make it difficult for them to acquire property in Malaysia, as Singaporeans must give up their HDB if they want to buy foreign property. However, Singaporeans who live in private properties can buy foreign properties and freely move between the two to stay anywhere they want, provided they can shoulder the financial commitments." Anyway who is this news intended for to begin with is also important. If it's for the mainland Chinese they are not inexperienced when it come to buying overseas properties as there are even cheaper properties in Thailand and Cambodia. I don't want to play the devil advocate here but if you are a Singaporean and you are brave enough to relinquish your citizenship away a whole new world await you outside of Singapore. Villas,bungalows,high end condos awaits you. You will ask yourselves why you even bother trying so hard for what staying in Singapore trying to pay off a HDB in life.
Many Singaporeans bought overseas properties already and will continue to do so. There is no need to renounce citizenship or give up their existing properties.
I don't want to go back to my caustic self again but whenever properties are mentioned I will start to itch. While millions of people in Singapore are using their full efforts to secure and focus on one public flat in Singapore with their income and trying to use it to upgrade to bigger flats in Singapore which end up screwing the housing market in Singapore for the next buyer people like me are already diversifying our income streams into multiple properties elsewhere at the same time. If a person is able to live outside Singapore earning a Singapore level wage or higher they will have alot of fun and options in life to explore. If anyone in Singapore strike a windfall like winning toto or big sweep then don't wait already too. Just go and live outside. You won't regret it. ✌️🙂
@@madhatterwonderland4834 I have actually not returned to Thailand yet because I have had no jabs and refuse to wear a mask. I was not a gullible frightened sheep.
@@johntheaccountant5594 Smart decision. Though I'm not a Muslim but I noticed that unlike the Chinese in Singapore and Malaysia, those who refused the poison jab and mask, Muslim community is 50 Vs 50. Whereas among Chinese community where I belong it's like 90 jab+masked Vs 10 no jab no masked. So for that reason alone, I'm more comfortable living with Muslim than Chinese now.
![[ENG SUB] “鬼城”死灰复燃？森林城市能否迎来转机 Can Malaysia’s Forest City “Ghost Town” be revived? | 世界大解说](http://i.ytimg.com/vi/Tr3Equq1Ges/mqdefault.jpg)
As a Singaporean, I really want to buy a house in JB more than in Singapore.
Buy lah much cheaper
You can buy to stay but not for investment. Next time you want to sell, you will know the problems.
the locals Chinese will only buy landed and in the range of 300-700k ringgit at most and expect it to sell for millions to foreigners but their government put a minimum price on landed properties that foreigners can buy. At the same time, try to take us as carrots by selling those unwanted and overpriced condos that is destined for a big loss. All the hard earned money gone like that. But at least their government support it citizens by allowing them to buy landed at cheap price and sell high while earning Sing dollars while restricting silly foreigners to strata titled condos/landed properties in ulu towns selling high to them while smoking them with high investment returns through rent and capital appreciation once the RTS is completed. Johor is 3 times bigger than Singapore and Johor Bahru has a population of 1 million plus. With so much land and so little population, they can keep on building landed for locals and condos for foreigners. Most will rent in Jb while working in Sing once the RTS is completed, those landlords in Sg will suffer as a result.
the50dollarsman
Agreed!!
Asking Singaporean who had invested in Forest City, did you get the expected ROI ? Or still bleeding with losses?
Still bleeding profusely and endlessly. . . OMG
Good question. Verdict - It's a terrible investment decision.
this project is to "con" mainland china investor n some super rich but not super smart people. Smart people won't buy something built on reclaim land lah.
Hmm... I thought people like the former NTUC head are retirees. Do retirees buy houses for financial returns? How long do they want to hold? Till next life? I guess there are many housing speculators in here.....
Any body think if Country Gardens will be as bad as Forest City? I'm considering to buy at Country Gardens but learned that they are the same developer. I went to the development recently and I saw that they already have a community there. I was told about 60 to 70% of the units were sold already. I am just having a little doubt after finding out that they are the same developer.
From selling to Chinese buyers to selling to locals and renting to foreign workers at Tanjung Pelepas? How is that sustainable?
Drop dead all over the forest
Well in London we have the same issue Chinese Arab and Russian wealthy people buying all the new builds governments allow this as they make huge returns however civilians working class end up paying inflated prices as there is less property in the market
imagine buying a high end condo or bungalow and rented out to bangalas.
Dangerous. Unpredictable. Sudden changes in policy. Too many negative experiences.
Ramai orang singapura beli rumah kat Vietnam dan thailand.. Baik target orang lain selain dari China dan Singapura...
Forest City has no potential of capital gain ~ it is a property of buying low n selling low. The original target audience is foreign Chinese buyers with a massive take up rate. This is not happening at present, therefore the infrastructure is too big for small take up occupancy. Henceforth, local daily amenities r not readily available. Further onwards, maintenance, up-keeping will lacking due to short funding.
Dont worry, the foreigners will come back again. Slowly. Who don't want cheap stuff? Just offer the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!
@@marvelcomiks8078
If done as you said ~ Malaysia will be doomed. Foreigners can buy condo that are cheaper than Bumiputra and still cheaper than low cost housing. There will be chaos n the people would go ask for change.
@@angxiang3186 If you sell high, nobody will buy. That is worse. Its okay for foreigners to buy slightly cheaper, then force them to sell even cheaper later on to locals. Job done.
@@marvelcomiks8078
The train has left for Forest City. The next revival opportunity would be HSR revival; whereby labour mobility against low cost living next to Singapore would made it attractive for locals n foreigners.
Also, if the condo is cheaper than local low cost housing ~ why would foreigner then want to/“force them to sell” = how???
So cheap, I buy then I stay a short time or just keep it; because selling also “not much money or make any profit”. Just like your “old car” that is parked outside your house.
capital gains are for leeches
See not, touch not and buy not!
You drop the selling price by a huge discount, the home buyers will pick up the excess. “Ghost town” will boom once again.
Agree! Just offer the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals later on. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!
But the population is fixed, even if the units are sold, there will still be empty units.
@@crystal2484 Priority is to sell these units first and get the foreigners' monies. How to fill it later can be solved by letting in more Bangladeshi men to marry our local malay women.
Agree with this! but banks won't allow that to happen as it would devalue the property and they hate it. If developer did that, they increase the mortgage
Sign of revival returning !. The Common sense of Malaysian politics will make the way, with PM SUPER X and the Sultan of Johor, who will be the Agong next year.
Malaysian Government has put lots of restrictions on foreign buyers , its difficult for them to buy in. Those who have put deposits but not settled has seen their values plummetted such that they lose their deposit by walking away. The prices have crashed and its difficult to find buyers. As you know the developer Country Gardens is near bankruptcy. They have heavy debt because could not sell the properties at a profit.
1 question ?? if singapore sooo much nearby why u want work at iskandar putri ?? the gap of salary is wayyyy tooo much.....
People were burnt in Gelang Patah in 97, people were burnt also under Mahathir and COVID-19. I tell you this, you can buy factory, can buy other thing. Resi last time buy a terrace in Gelang Patah SGD 200,000 in 1997, now you ask yourself ringgit depreciate how much? Not to mention being Malaysia, the lift old, who pay for the change. Building old who pay for repaint?
When did a price correction happen for the market to revive?
Without a price correction its still a bubble.
Forest city untuk Singaporean sebab kos nak duduk Singapore terlampau mahal dan terlampau padat dgn manusia
Get your price down! Also loosen the buying conditions.
Wait till RTS Link complete..the johor property will bounce back..many malaysian working in Singapore will move to JB by travel daily to singapore work due to high rental Singapore home
真的發白日夢。
@@Underdog9898 then just build another 40 tracks lor 🤣🤣🤣🤣
Want to retire there, just rent. Every month go and come back to Sg then go in again… everytime enjoy different condo😊
this is precisely what i will do. can also try different hotels and resorts. no commitment no stress.
Smaller pockets are seeing improvements but the gigantic Forest City is sinking.
Should sell the 2 bedder at $30k and 3 bedders at $50k, otherwise will be forever a ghost town. Sell it dirt cheap, sure alot of people will buy. Let the foreigners buy too, let them buy as much as they want, then tweak the MM2H such that the foreigners cannot come in easily but forced to sell it super cheap to the locals. What we need is for the foreigners to come and buy as much as they want to earn their money. Once their monies are in, we can force them to sell even their pants by making sure they cannot come in easily. Malaysia Boleh!
Mission impossible !
Economy sure collapse !
sell at 30k or 50k , lol , better give FREE lah.... hahaa
I think what you're describing is called extortion lmao
@@dxelson Well, we are not forcing them to buy. Its free will. Visa and custom is a separate matter from property investments. Anyway, we can still let them visit like once a year for a week or two.
@@one688easy Give free then developers earn nothing. Cannot. Must target foreigners and sell to them. Locals can get cheap later on after the foreigners sell these when they cannot come in easily, don't worry. Just wait.
No. Johor Bahru has a long history of failed projects. The entire FC concept was doomed from the outset.
It would be good to have the RTS Rails end here to spur it..
I wanna buy a penthouse there.
What we need now are ghostbusters...
Sg put up more criteria for purchase of property by foreigners I understand la cos we are so cosmopolitan, investment sound and more importantly a very safe country. Our dear fren oso want put all these criteria ah? Sure anot? Even their own fellas also eager get PR in sg and we are also not too keen to purchase anywayzzzz, having known lotsa sg ppl dump their lose change previously into longkangs with pathetic ROI….. so until the system becomes sound and non corrupt like sg then we sit down see how lor…. Dun anyhowssss chut more pattern cut water cut chicken supply hor….. cos like now the supplies we have from other regions actually taste better n there’s no turning backssssss🇸🇬🇸🇬🇸🇬
any big developments in Johor is also owned (if not partially) by the Johor royal families….they wanna make Johor, JB especially the wealthiest state/city in Malaysia….they want the best of everything…just look at the JDT football club as an example…. n then Legoland…Premium Outlet….now this…their target market is not locals Johoreans or Malaysians…its Chinese n SG… no one would believe this but the Johor Royal Family owned almost half of Orchard Rd🤷🏻♂️
And they have the face to say Stamford Raffle founded Singapore LOL 🤣🤣🤣
there's incredible potential here, just like hk and shenzhen, greater bay area, etc. the foundation's been laid and things are on the right track. it's going just take time, some fine tuning, etc.
it is going to take decades even with Anwar government, they are not the Chinese who are simply unbelievably in turning Shenzhen from a fishing village into the silicon valley of china.
Hurrah for Johor0
Stakeholders of Forest City need to inject life to the project ot see it through. Otherwise it will solidify as a national embarrassment/failure . It needs to obtain continuous events & new purposes to have it relevant and maintain attention of potential buyers. The success of FC is there to be had, but will the leaders need to take charge and enable it.
The stakeholders have already made their profit. That's all they were interested in.
@@byteme9718 profit from?
Why not sell the entire Forest City to Singapore and make it Singapore sovereign territory. LOL
The Malaysia My Second Home is ridiculous. If changes to encourage foreigners to stay and home ownership, it will greatly emhance the whole local economy
Foreigners have learned to distrust the corrupt Malays that keep changing the rules and attempt to extract bribes whenever you deal with them.
If each CNA journalist buys 2 Johor properties, then I believe it will revive.
🤣 u think they have a lot of journalist!!!
Singapore enjoys high GDP per capita in the world. However most average Singaporeans will grapple with the high cost of living and great stress of coping their work. Eventually, most of them will have to migrate to other parts of ASEAN or the world. Johor will be the most affordable and closest to Singapore to achieving better quality of life.
KL and Penang also offer good value for money. Retirement is your last chance to enjoy life in this world. Make full use of it.
You migrate loh, the rich ones coming in will replace you and your gov....won't miss you! And a matter of fact ,the present gov would be happy loser goes out, rich ones comes in, that is their policy and will be the policy yrs to come.
The amount of wealth outside Singapore is.....staggering only locals who cannot make it are struggling!
I don't understand how migrating to Malaysia is considered achieving better quality of life...
@@zzy341 Watch Ghib Ojisan UA-cam video entitled Reality Singapore & Retiring in Penang. Some glimpse how Singaporean migrated to other countries.
Ghib is a Japanese married to Singaporean wife but they live in Singapore.
It is better to retire in other part of South East Asia like Thailand, Philippines, Vietnam or Indonesia. I don't think so Malaysia is attractive except for cheap fuel, foods.
@@aungmyintoo4635 totally agreed!
Singapore sky rise price will push more people to elsewhere…no matter local or foreigner…more people are taking up JB
Iskandar Johore & Cyberjaya Selangor are both white elephants
Johor - shenzhen of malaysia, 2028:
Maybe another 10 lane causeway direct to Singapore
Overhyped and overpriced. Good luck trying to sell it off.
Don’t buy by emotional movement. See objectively the past policies and changes. Not good to invest.
words of wisdom. singaporeans take heed.
I doubt it.
Anything in JB but Forest City and Country garden
Walao rm1.5mil to buy a condo and rm40k monthly income siao.
Hope it get well soon
You know, Singapore will not do something like this - a white elephant. For a mega project like Forrest city, there must be manage by people who are efficient, smart, good foresight and business prowess. Finally, the most important - corrupt free.
Singapore rent very high now , soon johor will have high rent .with high inflation, poor people will suffer more.
Sell for local first maaah
As long as banks are holding on to their super tight loan policy, JB property market can never see real recovery, i mean lets be real, there are never a lack of local property buyers, but 90% of potential house buyers are put to aside with silly bank loan criterias like income tax, pay slip, epf documentation requirements,
Just ask yourself something, how did Johor became this rich today? why our great grandfathers can own a house raise 10 children who later on own 10 houses of their own? since najib's era all have changed, instead of moving forward, we are moving backwards by implementing stupid nonsensical documentation requirements that hinder progress and hinder Johor's property glory, restore the old loan system and relax the documentation criterias and Johor will easily be the riches state in malaysia.
MOVE RESORTS WORLD FROM SENTOSA ISLAND TO FOREST CITY.....PROBLEMS SOLVED.....WIN WIN WIN.....ANWAR BOLEH....
It is more viable to get 2nd tier Entertainment Park Co. Like Six Flags to come.
Forrest city in johor but forrest li singapore
Jai Hinduja. Developers even with royal connections were killed off by Mahathir government policy change. So the strange thing is that many humans have no proper abodes but the ghosts can choose which abandoned luxury flat they wish to stay.
indeed
Put more money to china property companies
very very good, serve these people right 👍 lost money...losers...🎉🕺💃
I wouldn’t count on it
Key would be dealing with access chokepoints to Singapore, 路通财通
If they build another MRT link from forest city to Tuas link Station, Singapore, similar to the RTS link at the woodland causeway, the demand for units there would instantly increase
Singapore economy very very very bad no $$$ 😞 Not much people go JB shopping me too. Can see woodland checkpoint
Malaysia especially Malays consider Singapore their enemy. Why give your enemy money?
tolong import singapork
So long as Mahathirism doesn’t come back…
Anyway many Singaporeans are moving there… so that’s why. But is it sustainable? Will Malaysians and Johoreans be ok? Time will tell
A failed project. Imagine with only around 9,000 residents with such hige area, the maintenance cost and utility bills must be rising but the revenue is declining. What is kore worrisome is that the developer of such project is having a big problem with its debts. Good luck to investors trying to buy up to this lame hype
Stop dreaming about retiring in Asia
All the more experienced ones know that if they want to buy properties in Malaysia Penang is a way better choice than Johore.
Owned a high-end property in Penang during Mahathir's second term. Better choice or not doesn't matter when at one fell swoop the property gains tax law can go against you at an instance. As long as a government is prone to flip-flopping, it is best to go in with the knowledge that if you buy a property in Malaysia, be prepared to use it as a retirement home and nothing more.
It can happen anywhere in this world actually. Even Singapore are having the things you describe happening this year too in their parliamentary budget announcement.
@@anglo-saxonconnor817 Sure it can but did the policy flip-flop happen overnight in Singapore’s case? I don’t live in Singapore now but as far as I am aware, the Singapore government always give a certainty period of notice - not so with Malaysia (at least with the property gains tax during Mahathir’s time).
@@jsurfin1 Yes. Not enough time for owners to react and plan.
If they sell $1 I'll buy 😂
If it was free, do you think your can afford the maintenance fees?
Sg… under supply… Johor over supply… so… go johor
Too risky to live and buy a unit here! If crack and faults are found in these buildings, who will repair it? The builder Country garden is bankrupt!!! People who bought houses in this places were investors, not residents and have lost money due to devaluation. China made product are of low quality. Wont be surprise if the buildings collapse in the future because they were built in sandy base of artificial islands.
well, if one have the means, one buy SG property. if one is super rich and has to spend money anyways without considering ROI, one can consider buying JB properties, after their SG properties. 🤣
Eventually JB will hold the houses for old retirees from Singapore, old folk apartments and condominiums are cheap and convenient places for these Operator to start business there.
Is Johar supposedly so famous that most of your audience knows what it is? Aside from the comically sounding accents that vaguely indicated Singaporean or Malaysian original, it doesn't take much to add the country of origin to your vid.
Johar, 'JB', the region located closest to Singapore by Land correct?
Sekolah kerajaan jauh ke erea sini
It's overrated....
Indochina region value of 💵....
Great infrastructure.... Hanoi...
Phnom Penh cheap.....
Bangkok... sriracha....hua hin.... Chiang Rai.... Chiang Mai.....udon thani.... popular demand.....
MOVE MBS TO FOREST CITY
Its sinking city or sink hole city
Building structure and interior design are not perfect and low quality.
They build an expressway directly from forest city to singapore bypassing both customs. Don't even need to chop/scan passport. I immediately go buy one. Call it the SG-jB merger zone. 😂😂🎉🎉
Have you seem how poor Malaysian construction standards are?
Please never made bad each other.never made bad each area of Malaysia.people may see i explain to the people forest city not a forest.its not rm 100 billion failure but roughly near rm 20 billion with not much people pass by or in the area year 2020,2021,2022 partly.wht the point of developement and sharing of wealth if talk bad about developement of particular area(toxic enough).
Is their target buyer poor foreigner
Now Johore having surplus in supply of dwelling house in the forest city. What is lacking is the industries. We need to boost the economy by making the straits of Johore to function well. So please remove the cause way. It was built by the British to bring products from west Malaysia and the Western coastal. The Japanese was more ambitious during the ww2 and extended the railway track to Rangoon in Burma to make Singapore more important trading zone. Now let's share the economy in at the southern tip of Malaya with Johore Bahru which now fully monopolised by Singapore.
Weird, removing the causeways will only make more people move out of Johor to the north. How does that help your empty buildings?
And why would singapore do that? The port is singapore's only rice bowl. Removing the causeway means destroying the singapore economy. Besides, PTP is already top 20 busiest port in the world. If malaysia/johor government was competent enough, the port can surpass singapore since it is situated right on the malacca straight, BEFORE singapore port. PTP can easily attract ships to dock there instead of singapore. But that hasnt happened? Why? Definitely not because of the causeway.
just let sg buy that land and build a bridge directly across, sure market prices rise XD
In order to bait others to mickey-mouse, they baited their own... you know they rather play game instead of do business properly...
Wow migrant workers can afford to live there ?
Malaysia/Johor always has its fair share of streams of daff foreign buyers.
No.
adakah yang dapat membaca pikiran saya?
Better sell to locals , they are more suitable
Ghost is God 😅😅👻👻 Don't play play
For Chinese who want to go out from China
Untung, Untung, untung
😂
Gazatte that area as UN controlled and no Muslim Malay police and army have jurisdiction. The property will then rise.
Attract more foreigners to buy property and make Malaysia rich.
USA graduate year 2004 statement;
The Forest City not a failure.but just because of covid-19,and oversupply it look like a forest of concrete.
But people who dun buy it,making noise like the pakatan people,is no use.give it till 3-5 years(till 2026-2028),this project be a succcess and the city will be vibrant with activity.
Somemore singapore big rise in rent after year 2020-2021,give support to Forest City.
My vision,seing Forest City a success with many activity.
Land for the wealth to park their assets... LOL 🤣🤣🤣
Najib failed project.. but still he is the best among all the ex and current PM
He is not perfect but he is ok. But the people around him are all like vultures - prey carnivore bird
Wow convicted criminal also get praised. Simply amazing
@@buburbibik Except for his corrupt activities, Najibnomics still the best. A lot of successful mega projects was initiated during his tenure and GST was supposed to fund them. Now, no GST and no mega projects. All going into saving mode. Which is not good for economy.
This is partly Najib success, he want to build the high speed railway that start here, it is already attract big chinese investor, Mahathir cancel the project & no longer friendly to chinese investor. Then come covid19...
Too bad... I hope lee hsien loong can eat musang king again with najib but this is not possible for the near future
hahahhahahahah
I hope before you comment - you keyboard warriours are aware that Danga Bay and Forest City are actually two totally different locations and developers too. This CNA Video is overlapping between the two locations.
Good for retirement. Mainland Chinese will be drawn to it. Singaporeans will be drawn to it too, but the law will make it difficult for them to acquire property in Malaysia, as Singaporeans must give up their HDB if they want to buy foreign property. However, Singaporeans who live in private properties can buy foreign properties and freely move between the two to stay anywhere they want, provided they can shoulder the financial commitments."
Anyway who is this news intended for to begin with is also important. If it's for the mainland Chinese they are not inexperienced when it come to buying overseas properties as there are even cheaper properties in Thailand and Cambodia.
I don't want to play the devil advocate here but if you are a Singaporean and you are brave enough to relinquish your citizenship away a whole new world await you outside of Singapore. Villas,bungalows,high end condos awaits you. You will ask yourselves why you even bother trying so hard for what staying in Singapore trying to pay off a HDB in life.
Many Singaporeans bought overseas properties already and will continue to do so. There is no need to renounce citizenship or give up their existing properties.
@@CalvinK300 Private properties owners. I mentioned that already. For HDB dwellers they can't.
I don't want to go back to my caustic self again but whenever properties are mentioned I will start to itch. While millions of people in Singapore are using their full efforts to secure and focus on one public flat in Singapore with their income and trying to use it to upgrade to bigger flats in Singapore which end up screwing the housing market in Singapore for the next buyer people like me are already diversifying our income streams into multiple properties elsewhere at the same time.
If a person is able to live outside Singapore earning a Singapore level wage or higher they will have alot of fun and options in life to explore.
If anyone in Singapore strike a windfall like winning toto or big sweep then don't wait already too. Just go and live outside. You won't regret it. ✌️🙂
Prepare for flood and earthquake
Sour grape.
North Singapore for sure
Soon singaporeans can't afford to live in their own country
Singaporeans can only buy properties overseas as they can’t own properties in their own country 😅
😎😍🤗🌏🤘
Bangkok has more of a future as a city because it is not muslim.
Still wearing your mask after taken 4 jab? Stay safe. Wait for SMS appointment for the 5th jab.🤣
@@madhatterwonderland4834 I have actually not returned to Thailand yet because I have had no jabs and refuse to wear a mask. I was not a gullible frightened sheep.
@@johntheaccountant5594 Smart decision. Though I'm not a Muslim but I noticed that unlike the Chinese in Singapore and Malaysia, those who refused the poison jab and mask, Muslim community is 50 Vs 50. Whereas among Chinese community where I belong it's like 90 jab+masked Vs 10 no jab no masked. So for that reason alone, I'm more comfortable living with Muslim than Chinese now.
Yes yes
@@madhatterwonderland4834 no worries. Get covid again.
Jai Hinduja. Johore will need to hope for far sighted PM like Najib to fill up the ghost cities.
These condo is more luxurious than HDB. By 2030, the price will be double.
they need Chinese money
Lies
Forget about m'sia property and if you guys like it go go mana ada system lah.🥱