The Malaysian government has taken a significant step by designating the Forest City project as a special financial zone, aimed at stimulating economic growth in Iskandar Malaysia. Prime Minister Anwar Ibrahim highlighted various incentives, including multiple entry visas and a flat income tax rate of 15%, intended to attract knowledge workers and foster growth in sectors like healthcare, education, and...
Celebrating its seventh year in Malaysia, the Forest City project in Johor, once widely referred to as a "ghost town," marks an important step in the growth of sustainable and flourishing communities, according to Country Garden Pacificview Sdn Bhd (CGPV). CGPV, the master developer and real estate collaboration between Esplanade Danga 88 Sdn Bhd and Country Garden Holdings Co Ltd, is making steady...
Forest City, the ambitious mega mixed development project spanning four reclaimed islands in Johor waters, is making steady progress despite the challenges posed by the global real estate market amid the Covid-19 pandemic. Covering a vast area of 2,832.79 ha (7,000 acres) over four islands near Tanjung Pelepas Port, the development is committed to sustainable growth in the region. In a statement, Forest...
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