Forest City

RM 1,200

Gelang Patah, Johor
access_time 7 months ago
Condominium 2 BR 1 Bbuiltup517 SQFTbuiltup2 PSF

Details

Property Type
Condominium
Listing Type
For rental
Updated
7 months ago
Tenure
Freehold
Listing ID
LIDM1117905

Description

Forest City comprises of four (4) islands with 3,425 acres, surrounded by sea grass, flora and fauna. It is made up of 4 reclaimed island near Tanjung Kupang of an initial gross development of RM 450 billion and have received RM 170 billion worth of commitment investment, expecting to create 220,000 jobs opportunities upon completion in 2035.

Forest City, adjacent to Singapore a special zone in Iskandar, a prime location and valuable low cost land closest to Singapore. It located in the heart of Iskandar, 5 km from Singapore Second Link. Iskandar is attracted more than 40 billion US dollars investment globally, including Microsoft, Lego Land and Temasek. It has also applied additional special incentives such as trade and tax policy that makes it a special zone in Iskandar. It just 40 minutes to reach Singapore CBD. Close to the KL-Singapore High-speed rail, 90 min from KL to Singapore after operation. Around 2-4 hour flight covering over 800 million people in the ASEAN market, 6-8 hour flight covering main APEC countries. Close to The Strait of Malacca, with second largest traffic density globally.

Forest City is set to trigger great changes on how development projects are being carry out throughout the world, having a 1,740ha reclaimed land to be an environmental friendly urban development, with four multi-layers development. The public would not see any vehicles on the road as Forest City would be filled with greenery on the top layer while underneath is for roads and parking bays use by vehicles, provide effective transportation system for more than 100,000 residents. Forest City will be a dream for the community to live and work.

Forest City is estimated to have a gross development value in excess of RM100 billion (S$33 billion) over 20 years, the most ambitious project by Country Garden. Located next to Singapore, Forest City will play a part in Singapore's development, allowing residents to enjoy the conveniences of big-city Singapore along with the relatively cheaper cost of living in Malaysia.

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