Forest City has spent years being discussed primarily as a property development. Its vast residential supply, reclaimed-island setting and difficult sales history shaped public perception long before the Special Financial Zone was introduced. For many observers, the name still evokes unsold units, speculative buying and questions about whether the original development model was too ambitious. The Forest...
SFZ
Johor is witnessing a surge in data centres, with over 50 centres currently in the application, construction, or operational stages, and even more expected in the near future. According to Samuel Tan, CEO of Olive Tree Property Consultants Sdn Bhd, this growth is set to continue, particularly with the launch of the Forest City Special Financial Zone (SFZ) and the Johor-Singapore Special Economic Zone...
The recently announced incentives for Forest City’s special financial zone (SFZ) are set to boost international capital inflows, further positioning Johor as a key economic driver for Malaysia, according to Prime Minister Datuk Seri Anwar Ibrahim. Speaking at Invest Malaysia 2024, the Prime Minister outlined the strategic measures designed to enhance Johor's growth, transforming the region into the...
In a significant move aimed at bolstering its presence and operations in Malaysia, Country Garden Group has announced the establishment of a dedicated Malaysia Division. This strategic initiative comes at a pivotal time, as Forest City, a flagship project under the Country Garden portfolio, continues to gain traction due to Malaysia’s revised Malaysia My Second Home (MM2H) policy, its new status as a...