Country Garden Holdings sees 68.8% jump in net profit
KUALA LUMPUR (March 21): China’s top property developer by sales, Country Garden Holdings Co Ltd reported an increase of 68.
Forest City to have affordable housing in three years
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.
The Malaysian vision — ‘To create a better society with our existence’
Country Garden Holdings was founded by a man who literally began building brick by brick (he was a bricklayer) in Guangdong, China.
Forest City has seen “significant increase” in S'porean, M'sian buyers
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.
Forest City for foreigners, wooden houses for locals? Ok la, Dr M tells Johor MB
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.
Zuraida: Looking into reduced Forest City foreign ownership
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.
Govt to develop guidelines for foreign ownership of Forest City properties
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.
Forest City cancels opening ceremony for RM1.8bn golf course
PETALING JAYA (Aug 31): Country Garden Pacificview Sdn Bhd has cancelled the opening ceremony of its RM1.
PMO: Property purchase doesn’t promise automatic residency in M'sia
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.
UPDATE: KPKT minister: Ban on foreign buyers at Forest City not confirmed yet
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.