News about Country Garden Holdings

KUALA LUMPUR (Sept 2): Mega China developer Country Garden Holdings has reduced “its workforce and sales team” in Malaysia “by two-thirds over the past two years,” according to a report by the South China Morning Post (SCMP).

PETALING JAYA (Jan 21): Country Garden Malaysia, the subsidiary of the Hong Kong-listed Country Garden Holdings Co Ltd, has laid off hundreds of staff since December 2019.

PETALING JAYA (Jan 15): Country Garden Malaysia regional president Jason Fu (pictured) has resigned from the subsidiary of Hong Kong-listed Country Garden Holdings Co Ltd, after four years and five months of helming its operations in Malaysia and Singapore.

KUALA LUMPUR (Sept 13): With the social and political problems plaguing Hong Kong in recent months, it has been reported that more Hong Kong people are buying homes in the Forest City (pictured) development in Johor.

KUALA LUMPUR (March 21): China’s top property developer by sales, Country Garden Holdings Co Ltd reported an increase of 68.

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.