Strata problem brewing for Forest City

With a gross development value exceeding RM100 billion over 20 years, Forest City by Country Garden Holdings Co in Johor boasts of being the largest mixed-use green development in Southeast Asia.

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Where do we go from here?

Property transactions are down, office occupancies are down, unsold units are up — things certainly didn’t look good in 2016, according to the Malaysian Property Market Report 2016 released by the Valuation and Property Services Department (JPPH) early this week.

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Forest City to seek buyers elsewhere

KUALA LUMPUR (March 31): In an effort to rely less on mainland Chinese buyers, Country Garden Holdings is planning to attract potential purchasers from Southeast Asia, South Asia and the Middle East for its mega project in Malaysia, Forest City.

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Country Garden closes all China sales centres

KUALA LUMPUR (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has closed all sales centres in China for its Forest City housing project in Johor, according to a South China Morning Post report yesterday.

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