PETALING JAYA (October 8): Within the next three years, Forest City will look into building affordable housing that is tailored to local tastes and needs, said the developer.
Country Garden Holdings was founded by a man who literally began building brick by brick (he was a bricklayer) in Guangdong, China.
PETALING JAYA (Sept 12): There is a significant increase in Singaporean and Malaysian buyers of Forest City units thanks to marketing efforts in its sales galleries within both countries, said Country Garden Pacificview Sdn Bhd (CGPV) in a press statement today.
PETALING JAYA (Sept 7): Prime Minister Tun Dr Mahathir Mohamad jibed at Johor Menteri Besar Datuk Osman Sapian, saying he would support the latter if he wanted to allow foreigners to reside in Forest City while locals lived in wooden houses.
PETALING JAYA (September 6): The government is looking into the feasibility of reducing the percentage of foreign ownership in Johor's Forest City project, said Housing And Local Government Minister Zuraida Kamaruddin.
PETALING JAYA (Sept 2): Putrajaya will come up with more explicit guidelines related to foreign purchases of properties into the RM410 billion-Forest City in Johor to help investors avoid making risky decisions, said Housing and Local Government Minister Zuraida Kamaruddin.
PETALING JAYA (Aug 31): Country Garden Pacificview Sdn Bhd has cancelled the opening ceremony of its RM1.
PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.
PETALING JAYA (Aug 28): The decision to ban foreign buyers of units in Country Garden Holdings' Forest City development in Johor is not official yet, said Housing and Local Government Minister Zuraida Kamaruddin.
KUALA LUMPUR (Aug 28): Country Garden Holdings’ shares “see-sawed” yesterday after Malaysian Prime Minister Tun Dr Mahathir Mohamad announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor.