Keen to own a luxurious 1-bedroom apartment at Fourth Avenue Residences in Singapore's prestigious Bukit Timah District? With direct access to Sixth Avenue MRT and within 1km of Raffles Girls' Primary School, this is an opportunity not to be missed. Contact owner at morriestory@gmail.com today. Can Malaysia turn Forest City into the next Southeast Asia financial hub? Let us know in the comments below! If you enjoyed this video, do like, subscribe and buy us a coffee: bmc.link/worldknowmore Check out this video on Malaysia's epic loss of talent to Singapore: th-cam.com/video/m-NiSCWd65g/w-d-xo.htmlsi=X2DwlPOHQ9SXaUCA
Connect singapore and forest city with a bridge and borderless passage and see the region thrive. Immigration controls are destroying the economy and causing massive pollution due to congestion.
Impossible to turn new Project as similar to Spore.Spore is City state built by Stanford Raffles since 1819.as proverd as said Rome is not built in a day Seemly Msia looking inferior But actually Malaysian Sarawak Iban in interior is Richest.waiting the next 20year 200 3:42 20
Because tuanku doesn't want to kacau Tanah Melayu in mainland Malaysia. That is why building an artificial island for foreign mass investment hopefully it could drive economic growth for Malaysia as well.
Yup.. now they hv moved to get land and build their second country in Indonesia.. under the name of 'infrastructure' they kicked out local people there.
A competent, clean government will take no part in a private company project or foreigner owned developed property, unfortunately , it is not this case here due to vast Royalty interests involved.Secondly, we still don't have a clean competent government even after 2018 historic unseat of BN government.
Without govt help , the forest city will be a real failure and sour point forever. There is merit to do this as it actually can make the area into a vibrant productive areas being close to Singapore and to the coming major Port in Malacca developed by China . This would bring jobs to the area. There will be lots of Chinese and Singapore companies will be investing etc.
Not really true. The project was already existed even before the Madani govt. So Madani govt has no part in it. Yes, by revitalising it , is just like rescuing those many abandoned project. It is a good project . Only thing is it needs certain advantages and that advantages are what the Madani provided to revive the project. It is better to make it profitable, collect taxes and complements the Malacca big port project and provide JB more residential and commercial units now idle to accommodate the influx of many Singaporeans and Malaysians with the opening of the RTS link between Singapor/Malaysia. Know the economics. The govt is doing the right thing Your narrative is wrong and
It would become a joint JB-Singapore Special Economic Zone. The HSR from Kunming connects Laos, Cambodia, Thailand, Malaysia, and Singapore will be built after the former PM of Malaysia canceled it. Furthermore, the Singapore to JB MRT will enhance transportation from the Rain Forest location. Except for one of the 8 apartments completed recently, the rest were occupied.
'High risk', 'Bold' multi Billion Plan built on the shoulder of ordinary people purse string or our nation's vast resources is always part of Malaysia Government Policy since Independence.If it is successful, Malay Monarch and Chinese corporation reap the gains, if not, Malaysians pay the losses.
The only thing successful about investing in Forrest City is that you’d get to see success across the border in Singapore from the comfort of your balcony, and that’s the only success you’ll see. But, at least you get to breathe in the vapours of success coming originating from Singapore.
Sigh... The problem with Forest City, or any other mega-projects, failed because of the inability of the government to realize that their people are nit able to afford to buy or spend in these places. A nation must have the critical consumer population to even go ahead with projects like these. Don't put the cart in front of the horse.
@@mayfoo02 Even so, such a big project will fail because there are not enough consumers to buy such high price properties. If they have started small and expand later when the properties are majority occupied, then, build on another stage, it may succeed.
that is why government housing policy should lead to the houses needed by the rakyat not foreigners. we should go back to 40% low cost 40% mid cost and 20% luxury homes.
@@mishahul Totally agree 💯. Singapore will be part of that Private Entity trying to make it happen. A Financial Hub which will rival Singapore Financial Status??? Lets see if it works. They need Land...They are Out of It after A Ban on Sand to Singapore was in place recently...allegedly for Reclaimation Projects which changes the sea current leading up to disastrous consequences after the recent oil spill. Losing Their Curve is detrimental to the Marine Ecosystem n clean up effort or the natural occurrence into the deep sea away from human habitats. Turning it into A Casino was Singapore first initiative yet it will be in direct competition to MBS n Sentosa. JB has never seen itself as Malaysia. Always trying TO BE SINGAPORE. Maybe Singapore will take over that Ghost City for good n The JB Palace could recoup their 100billion losses. If only the Developer n Investors had the foresight to use the area n build An Intergrated Playground combining... Public Housing Landed...Condos...Retirement Oasis n A Waterfront Luxury Living for Foreigners 2nd Home. Alas Creativity n Long Term Planning not A Thing with Greedy Investors. It will give Malaysians working in Singapore...A Home or even Rental Units for singles. Lost Opportunity. WASTAGE with Mega Projects is A Huge Issue in Malaysia.
kami rakyat 🇲🇾 cukup bertuah mempunyai salah 1 perdana menteri all the best sepanjang kemerdekaan kami..jika kamu menyatakan kehilangan kami projek2 mega berbillion dollar atau apa sekalipun jika ia tidak menguntungkannya kepada masyarakat bawahan terutama sekali kepada warga & rakyatnya???itu lebih baik kami kehilangannya..kerana hari ini saya cukup berkeyakinan kepada pemimpin kami yang lebih mementingkan dahulu keselesaan rakyat serta kehidupan asasi rakyatnya yang diutamakan..jika projek2 mega ini yang kebiasaannya lebih menguntungkan kepada org2 luar daripada penghuni warga negaranya..ofcorse lebih baik ia tidak berjaya seperti apa yang diharapkan..apa yang penting sesuai dengan keperluan warganya diutamakan itu yang dipandang oleh kepimpinan kami pada hari ini..ianya cukup membahagiakan bagi kami sebagai warga negaranya..biarlah kami maju sealiran hasrat rakyatnya yang tidak banyak yang ketertinggalan..bukan untuk mengisi kantong2 orang luar dipikirkan tetapi rakyatnya diutamakan..welldone my presiden DATUK SERI PADUKA DI-RAJA DATUK ANWAR IBRAHIM..1990an saya menikmati pembelajaran kami ketika itu dia sebagai menjawat jawatan menteri pendidikan yang terbaik di negara kami malah diasia tenggara..& hari ini sesuailah beliau menjadi prime minester kami semoga kesejahteraan negara kami semakin baik bukanlah untuk didunia bukanlah untuk kami bermegah megah seperti negara2 lain tetapi apa yang penting sekali adalah kami rakyatnya yang ekonominya lebih baik dari sebelumnya..itu yang lebih penting bagi kami bukan untuk siapa2 bagi pihak asing..sejahtera negara berdaulat kami itu yang sentiasa kami doakan selalu..semoga orang luar dapat lebih memahaminya..lawan tetap lawan..
pls learn basic demand and supply first before you mass produce so many units. Rome isn't build on one day. No city was built from 'mega-project' and then expect all humans to live in it. obviously built by those who overly day-dream.
Malaysia should have thought carefully before building the mega city. Where to get so many people to live and *work* in Forest City. At least a million people. They people have to be of a certain standard. (Sorry, I am not looking down on the poor.) Definitely must have foreigners, as 100% local population, the project will not work. How to plan that, what sort of quota. What employment opportunities for foreigners and locals can be created there be. A financial hub cannot spring up overnight. It has to be build up. Infrastructure together with the professional manpower. Forest City should have started out small, and then expand over the years. What Anwar can do now, is open up the FC in stages. Maybe one island at a time.
3:19 - I’m bothered by the fact that Singapore is raising concerns about land reclamation when they’ve been aggressively doing it since the 19th century. EIA? How can this country act as if it’s above others when they’ve already destroyed so many natural mangroves and corals in the past? Not to mention the reclamation that took place right on the border strait. And do they even care about where all that sand being imported from?
A few tips you have understand before investing. City center condo or not. They will promises everything in their agreement. Free gym, 2 free parking, swimming pools and 20 year contract to rent from owner. Once 90% of the condos are sold. They change management. Ditching all promises made through legal agreement. End up to be charged for all that used to be free. Not only we lost for paying the 5 year loan. They only rented for 4 years. The water charge rates are horribly high. All repair cost are at almost 10x the normal rates as we are not allowed to hire contractors which are not under their management. We tried to sell. But the management has the right to disapprove who we sell it to. So due to the increasing monthly charges, we sold it back to the management at below market value. And 3 of my friends has the same fate at different condos. Malaysian or not if you dont have the backup plan. They can sue you for more profit as the lawyers we hired are also "related" under their company.
I stayed in one of the houses. A RM2 mollion home. It's haunted. I lost 4 solitaire diamond rings. I told the hostess about it, she too is a foreigner. She ribbish it off. All that was left in my bag was a watch & 2 imitation rings & a cheap gold plated ring. I mix the rings all in a bag when l left my house to stay with her. When l wrnt back home l wanted to put them back for safe keeping. To my horror, all 4 solitaires disappeared. I wore those rings regularly but hospital procedure requested l remove it that Thursday. Friday, l was in my friend's place. I kept them in my bag mixed with others. Saturday l wrnt home. That night l found them all missing. I suspected her or the toyol. She's jobless, husband works overseas. Period.
Planning a high end residential and commercial area right beside Singapore’s port and heavy industries doesn’t sound well. If I’m rich and wealthy I wouldn’t pick to stay beside heavy industries and with loads of foreign labourers and workers staying close by.
Very poor location. It’s just beside Singapore’s port and heavy industries. Imagine the environment the supposed target group, the wealthy people, have to put up with. And staying among labourers and workers.
Only those with good hard cold cash and young with open mindset will fall for it. The name clearly stated Forest City. It is two different entity and human will be like a sandwich living there.
Malaysians developers love to talk big, talk bigger , and talk the biggest for all the world to know that we have bigger mouths that sound the goodest . !!!!!!
I was heavily into MY RE when this was happening. The big developers all knew this was a corrupt development with the idea of making it a Chinese beachhead - where Chinese could come and stay as long as they wanted, work, launder money, etc. All told me to avoid Eskandar like the plauge. I sold everything I had in Malaysia as it was clear the "Chinese boom" would not be allowed to last as it was just too much currency leaving China. The MYR was at 3.0 USD and property prices doubled in Penang in 4 years as Chinese money flowed in. The last 3 properties I sold went to mainland buyers looking to park cash. They came and looked at a property for 3 or 4 minutes and made an offer on the spot. And then left the properties empty for 5 years even though they were fully furnished and ready to be rented. I can now buy the same properties back for less (in USD terms) 10 years later. Country Gardens is worth about USD40 per square meter at best. There were developments on Penang Island that were that price back in 2006. I paid $USD 62 psf for Miami Green in Penang back in 2006 to 2009 - a very nice and stable development.
Build some kind of border crossing to Singapore, and buyers will flood in. Rail, ferry, or pedestrian will work as long as there is a connection to the MRT in Singapore
And connected to the Singapore’s port and heavy industries area, which is situated right beside. Together with hordes of labourers and workers staying close together. Don’t think this environment would be attractive to the supposed target group, ‘the rich and wealthy’.
Malaysia is not Singapore. They will spend 10 years talking about it. 5 years hyping it up. Then abandon it because someone got elected prime minister. Then they will pay Singapore compensation for wasting our time.
Mahathir pour Billion into Langkawi and yet it fail And more than 90 % of his project fail When Najib sell 49% of Proton it suddenly earning Money Moreover Mahathir cannot accept it than he want to start another car project Luckily nobody invest cos it's bound to fail He alone wasted Billion and Billion of Malaysia Hard earn money where it can be use to help the Malay community Comparatively he is nothing to DSAI Yang terbaik PMX
@@eddios9018 hahahaha you dont know who is anuar he making malaysian market drop down from 1362 point to 261 point in 1998 and make ringgit drop from 2.43 to 4.77 anuar as a minister of finance from 1991 to 1998 make all businessmen bankruptcy is a anuar a good person ?????
the reason it flopped is multifactorial.. but mainly due to the unstable political background in Malaysia for the last decade, COVID and also background intererence by YouKnowWho... it has potential, but need strong leaders to step up and take responsibility, a good public transport system(because its far from the general population) and backing by the government, who knows it might turn out to be good.. but having live in JB, knowing what's going on behind the scene, things are much more complicated than that..
When it does succeed..Greedy selfish politicians will crash in and mess it up..Only wise rakyat/citizens must vote in an uncorrupted PM can we continue to progress otherwise will regress a deep fall..Pray for a harmonious & progressive Malaysia🙏❤🙏
A global financial hub requires a full suite of financial ecosystems for it to be so. Many desire to be one. Some aspire to rival the other. Few make their mark.
In short, driven by his animosity toward the Sultanate of Johor, which played a pivotal role in this project, this divisive politician sabotaged it to spite the state. Adding insult to injury, on his very first day back in office during his second term, he handed an island over to Singapore.
Everytime Malaysia announced some major project, they always say it will compete with Singapore. When they first build KLIA they say they will compete with Changi. When they build the seaport at Port Klang, they can compete with singapore port. Let's see how this financial hub turns out
Singapore soon gonna be dead city... global warming...shortage of clean water, food supply and other resources, the fact is Malaysia & Indonesia will no longer supply. While singapore gonna be land less too many stress citizen, bunch of old folks... Singapore have to create under sea city....but have to overcome tsunami n etc....
I see no problem with the project including marketing it. The only big issue is when the leaders inside the country were not united at all. That surely becomes a main ingredients for failure and sounding an alarm bell to the tourists and foreign investors. I have high respect for Mahathir, but what he did had just brought more bad image to Malaysia rather than uplift its already struggling economy. The project was already ongoing, and the only thing the Gov't of Malaysia could've done to address those issues of foreign influx and securities of its local citizens is to pass newer legislations and policies to ensure the safeguards and benefits that are more advantageous to the improvement of the economy and its local citizens while promoting and making the project attractive to foreign clients.
it's obviously a failure without Chinese buyers who can't get their money out of China now. And they didn't feel welcome in Malaysia with MM2H being changed for the worse every few months
Malaysia boleh. Can challenge Singapore as a financial centre. Massive land can attract foreign investors, and talents from Malaysian holding Singapore PR back to Johore. Thanks to Singapore training thousands of Malaysian here and for them to gain good working skills and return back to Malaysia.
Sinkiepore actually hates it when Malaysia do well economically. They really do not like that Malaysia is becoming a powerhouse for Semicon and data centers. If the government play their cards right and build infrastructure projects like HSR and LRT to stop at Forest City, it will become a success because of its strategic location.
Yes. I agree with u. As u said "if" malaysia do this and "if" malaysia do that. "If" only I strike lottery; "if" only I look like Tom Cruise. In the meantime, u continue to dream the "if", OK?
Malaysia does not have a population big enough for this kind of mega projects. Also it is not cheap. How many consumers can afford that? The project must start small first and build on that.
@@thinkie12 Infrastructure projects does not only benefit the locals. FYI, Changi-KLIA is the world's busiest international route with 4.9 million seats in 2023. A high-speed rail that can take passengers from Singapore to KL in 90 mins will be in demand compared to flight because a train is still needed to reach KL from KLIA. Considering that over 300,000 Johoreans work in Singapore and commute via motorbikes on a daily basis, LRT will be in demand once RTS is operational as commuters can take the LRT to RTS link and then the MRT in Singapore. It is not a stretch to say it's possible to commute from Johor to Singapore daily for work within 1 hour of travelling time. Hence, why properties near RTS are selling like hot cakes now.
Visited this place before, the sale-person snobbishly told "only applicable to China citizen, not for Malaysian. You can see but don't ask at all". Lack of cultural and art elements. It is waiting to be a failure project.
@@haon2205 It's called multilateral cooperative partnerships for the mutual benefit of all concerned parties, a.k.a. what grownups do. But you lot can't even spell it, much less comprehend its meaning.
1) Ex-Indonesian President insulted SG for Little Red Dot! 🔴2）台湾人说新加坡是鼻屎小国 TW said SG was just a tiny piece of booger! 😤3）中国说坡县。🏕CN insulted SG as a minor county place 4）MY said Forest City will replace SG as Financial and Seaport. SG replies: So what! Next, please!
Then Thailand says, we will build Kras canal as alternative to straits of malacca. Then many Youtubbers say, "SG will be rejected in join BRICS. Doomsday!".
@@douglasstanley5209 Singapore is rejected by BRICS because it sanctioned Russia, that's a fact. As for "doomsday", nobody knows the geopolitical landscape years down the road, but BRICS is definitely gaining traction in the global south as an alternative way to conduct international trade without Western financial system
@@ViolentCabbage-ym7ko Can you show me the evidence that SG has applied to join BRICS ? Or this is another hearsay news ? If SG has not applied, how can it be rejected ?
@@douglasstanley5209 Read my comment again. I did not say that Singapore's application was rejected, I said that Singapore is rejected by BRICS. Putin has clearly said that any county that uses unilateral sanction against another country is deemed unfriendly and is rejected by BRICS
@@ViolentCabbage-ym7ko Why tell the world that I will not be invited to join your party if you jolly well knew that I am not going to go anyway ? What does that speak of you ??
Don't worry, the Forest City will regain its prospective in the Property Market soon. With the New Port, Golden Port in Malacca Strait brings Prosperity to Malaysia and investments poured in the Forest City soon.
Malaysia government is naturally skillful when it comes to grand plans, coming up with slogans, corruption, lack of accountability and inefficient use of resources.
Malaysia is always dreaming..ask them about their Wawasan 2020 plan.. it's 2024 already.. Whene KLIA opened years ago, they claim it will rival Changi Airport.. I wonder 🤔
TUN M wawasan 2020 planning to be fail from beginning, The Policies does support to encourage to fail due to untouched and illogical businesses activities which not meritocracy in planning human capital. Corruption is planning ahead than meritocracy systems.
@@masterseries4004 The plan was a good aim what details in it was well researched but unfortunately improperly executed. Pak Lah tanked it together with the financial crisis. Najib make it worse etc... Mahathir as PM anytime rather than Zahid and cos.
Don't jump the gun. Take a look at the way the place, it is in a horrendous stage. One, two room studio apartment have more than a dozen people staying in it. Doing their cooking at the corridor of their apartment. The property tax for foreigners have increase more than more than 4 times in 5 years.
So many hate comments from probably Singaporeans. Just sit and relax. Time will tell if the govts plans would work. This project is fully funded by private sector. Govt of the day is only pushed to make it a success because..you know why..but if it fails it really doesnt hurt the Malaysian govt a bit..but if it turns out to be a success..it will really benefits Malaysia..this project is even raised on a manmade island. 😘
@@detox78 Singapore will be part of that Private Entity trying to make it happen. So don't even go there. A Financial Hub which will rival Singapore Financial Status??? Lets see if it works. They need Land...They are Out of It after A Ban on Sand to Singapore was in place recently...allegedly for Reclaimation Projects which changes the sea current leading up to disastrous consequences after the recent oil spill. Losing Their Curve is detrimental to the Marine Ecosystem n clean up effort or the natural occurrence into the deep sea away from human habitats. Turning it into A Casino was Singapore first initiative yet it will be in direct competition to MBS n Sentosa. JB has never seen itself as Malaysia. Always trying TO BE SINGAPORE. Maybe Singapore will take over that Ghost City for good n The JB Palace could recoup their 100billion losses. If only the Developer n Investors had the foresight to use the area n build An Intergrated Playground combining... Public Housing Landed...Condos...Retirement Oasis n A Waterfront Luxury Living for Foreigners 2nd Home. Alas Creativity n Long Term Planning not A Thing with Greedy Investors. It will give Malaysians working in Singapore...A Home or even Rental Units for singles. Lost Opportunity. WASTAGE with Mega Projects is A Huge Issue in Malaysia.
They are angry although the country is rich, only the foreigners are reaping it and the cost of living is sky high. The government spend a lot on useless defense with no enemy to fight so they pick on Malaysia.
Flip-flop government policies discouraged prospective foreign buyers from commitments to purchasing property units there. Build the HSR services soon will attract even more Singaporeans to invest there, in terms of travel convenience also for foreign tourists from S'pore by HSR to K.Lumpur in just 2 hours (say), another country to visit !
High quality human resources, sound governance, and law and order are the reason for becoming a financial centre. The rest is the by product. Don't confuse it with the order of cause and effort.
The title should change to A dream turns into a nightmare. Now they hope Singapore can invest in it. What a joke. Johore in reality has much potential and thrives more only on its own not as a state part of Malaysia. Many Johoreans work in Singapore. Earn strong sing dollars is better than weak ringgits. They became wealthy Johoreans possibly owning many more properties in Johore and other states in Malaysia.
😅you don't need forest city to do drug, just turn old changi prison into one, but careful, old Hotel California Song say "you can go in anytime, but you can never leave"😅😅
The problem with the current government are corruption and nepotism, incompetent ministers and poor planning and uncontrolled developement leads to environment disaster.
Massive mega project turn ghost town. To revise the it back to its intend. It is very difficult. If only Singapore intend to put its hand onto it. But it is very difficult to draw an agreement on its ownership of the project. If not it will turn into a dead log.
Will only work when Malaysia cooperates with Singapore. Not as a competitive threat to Singapore. Malaysian Politics has a simmering but well established anti chinese policy.
Singapore'a financial hub was built through years/decades of hard works. Malaysia with their political instability and tidak apa attitude coupled with brain drain trend, can dream on.
Even the rich Chineses developers abandon their investment on their share and money invested as total lost. The Chinese is no rookies in corruption and nepotism, but they did not anticipate the Malaysia intensive corruption and nepotism is actually worse than anything they have come across.
The list of failure never stop in Malaysia. All the mega project is destroy by corruption. The same story follow they is project in Malacca that fail. Even project in langkawi also fail with money invested and nothing to show. The multi media corridor in K. L. is a white elephant. Now, Forest City they are trying to save. Due to the Agong interest in the project.
I guess that 100 billion is not taxpayers money because this is not a public housing like hdb of Singapore, but its all private China entrepreneur money, right?
To those that came out with negative comments about this initiative, consider this. It was the former government's project, and it has started, and the infrastructure has been laid down. Yes, now it seemed like a waste, and had it not yet launched, it is preferable to have it scrapped. But now, it is too late, and the current government's initiative could be looked upon as trying to make the best out of a very bad situation. After all, what can it do? Just let the project rot and all the money the investors had put in flushed down the drain? I am not sure that this initiative would even be a success, but if it did, imagine the financial benefits Malaysia could reap. Malaysians should support this initiative, for it is not the time to let racial political issues control your lives and worsen the situation with your negative comments.
My question would be who are the workers in the financial hub. Are they Malaysians or singaporeans or foreigners. 70% Bumi? Usually workers will prefer to live near their work place. So if the workers are foreigners or singaporeans I guess it is ok to live in Forest City. But if they are Malaysians then I would ask if they are ok to buy or rent their accommodation in Forest City. Is it going to be affordable for them?
Foreigners only can buy residential units above 1mil; so the majority of the owners are Malaysian. If the project is not successful, it will hurt the local investor. The early phrases are fully sold, have to wait for the second island.
They are trying to seek help from Thaksin to help. With Thaksin connection with the rich, influential, powerful connection. This might be a little too late. If Takshin turn down to help, maybe can get Jo Loh to help out.😢
Yeah! Put more new (2025) and forward 5 years (2025-2030) of national's budget, so corrupted contractors can make money and lesser budget for lower stages citizens or inaccessible national budgets, small citizens business contractors can't access or excluded out. Country remain poor economically and people continue to pay tax every year without economically benefit for personal impact in their sustainable livelihood and insufficient pensions to retire. Common citizens wouldn't be able to excess the profits of their tax contributions but the upper levels & cronies will get the profit.
Keen to own a luxurious 1-bedroom apartment at Fourth Avenue Residences in Singapore's prestigious Bukit Timah District? With direct access to Sixth Avenue MRT and within 1km of Raffles Girls' Primary School, this is an opportunity not to be missed. Contact owner at morriestory@gmail.com today.
Can Malaysia turn Forest City into the next Southeast Asia financial hub? Let us know in the comments below!
If you enjoyed this video, do like, subscribe and buy us a coffee: bmc.link/worldknowmore
Check out this video on Malaysia's epic loss of talent to Singapore: th-cam.com/video/m-NiSCWd65g/w-d-xo.htmlsi=X2DwlPOHQ9SXaUCA
Connect singapore and forest city with a bridge and borderless passage and see the region thrive. Immigration controls are destroying the economy and causing massive pollution due to congestion.
It's the same case wth other countries inc US
Impossible to turn new Project as similar to Spore.Spore is City state built by Stanford Raffles since 1819.as proverd as said Rome is not built in a day Seemly Msia looking inferior But actually Malaysian Sarawak Iban in interior is Richest.waiting the next 20year 200 3:42
20
On next 20years
Boohoo Mahathir
Politicians are Malaysia worst enemy.
Malaysia has so much land she doesn't need to have 4 man-made islands. Are mega projects like this about money laundering or plain old kickback?
50% forest policy.
Only man made island can kill-off nature provide swampy marine life nursery and fill up royalty coffer effectively in Johore State😤
Because tuanku doesn't want to kacau Tanah Melayu in mainland Malaysia. That is why building an artificial island for foreign mass investment hopefully it could drive economic growth for Malaysia as well.
Land is a state affair not federal
Trying to be smart yet stupid
It is clear that this project really aim is to make the rich richer. *cough (sultan johor)
I think it wasn't a Malaysia plan to have a financial center there. It was a China plan assisted by one of the leaders in the particular state.
Yup.. now they hv moved to get land and build their second country in Indonesia.. under the name of 'infrastructure' they kicked out local people there.
Corruption and nepotism is Malaysia’s biggest enemy
Doomed.
@@Regional123 racism too
what about racism intimidation bullying unjustified discrimination plus plus????🐥🐥🐥🐸🐸🐸🐸
@@lordguan88you meant reverse racisme?
More like it is a Malay common practices and Malaysia long political tradition.
A competent, clean government will take no part in a private company project or foreigner owned developed property, unfortunately , it is not this case here due to vast Royalty interests involved.Secondly, we still don't have a clean competent government even after 2018 historic unseat of BN government.
Without govt help , the forest city will be a real failure and sour point forever.
There is merit to do this as it actually can make the area into a vibrant productive areas being close to Singapore and to the coming major Port in Malacca developed by China .
This would bring jobs to the area.
There will be lots of Chinese and Singapore companies will be investing etc.
Then Singapore would be the worst country?.
Cos the government investment arm hv its hand practically everywhere..😂
Because BN is still in the government. The voters have been duped by the politicians.
Governments through out the world work hand in hand with private developers.
Not really true.
The project was already existed even before the Madani govt. So Madani govt has no part in it.
Yes, by revitalising it , is just like rescuing those many abandoned project.
It is a good project . Only thing is it needs certain advantages and that advantages are what the Madani provided to revive the project.
It is better to make it profitable, collect taxes and complements the Malacca big port project and provide JB more residential and commercial units now idle to accommodate the influx of many Singaporeans and Malaysians with the opening of the RTS link between Singapor/Malaysia.
Know the economics.
The govt is doing the right thing
Your narrative is wrong and
😂😂😂 I needed A Good Laugh.
Thank you ❤
Most Singaporeans have no interest in this dwelling. Project designed based on incompetencies.
It would become a joint JB-Singapore Special Economic Zone. The HSR from Kunming connects Laos, Cambodia, Thailand, Malaysia, and Singapore will be built after the former PM of Malaysia canceled it. Furthermore, the Singapore to JB MRT will enhance transportation from the Rain Forest location. Except for one of the 8 apartments completed recently, the rest were occupied.
The title of this video should be "Could this $1b ghost city beats SG to be the next Financial Hub ?".
Malaysia is never short of bold plans. Making these bold plans reality is in short supply.
'High risk', 'Bold' multi Billion Plan built on the shoulder of ordinary people purse string or our nation's vast resources is always part of Malaysia Government Policy since Independence.If it is successful, Malay Monarch and Chinese corporation reap the gains, if not, Malaysians pay the losses.
Bold plans are the hot beds to enable the sprouting of the seeds of corruption.
This place only good for retirees who like to play golf.
The only thing successful about investing in Forrest City is that you’d get to see success across the border in Singapore from the comfort of your balcony, and that’s the only success you’ll see. But, at least you get to breathe in the vapours of success coming originating from Singapore.
Lol, sg success? Lol
LOL. Youre funny
Once the SEZ takes off and more Singapore based industries move across straits.
It will be the sunset of you know which
Sigh... The problem with Forest City, or any other mega-projects, failed because of the inability of the government to realize that their people are nit able to afford to buy or spend in these places. A nation must have the critical consumer population to even go ahead with projects like these. Don't put the cart in front of the horse.
This has got othing to do with the govt. Its aprivate project whose major shareholder is the Johor sultan. Get your facts right
It was the accessibility to the Rain Forest not available due to the cancellation of the HSR project.
@@mayfoo02 Even so, such a big project will fail because there are not enough consumers to buy such high price properties. If they have started small and expand later when the properties are majority occupied, then, build on another stage, it may succeed.
@@thinkie12 well, tell that to country garden
How is it has failed? It only uses 10% of the total envisioned , and more 65% of the housing has been sold...
No, corruption is not the problem.
It's unbridled greed.
Greed will destroy Johore and Malaysia.
May Allah forgives us and protect us all.
that is why government housing policy should lead to the houses needed by the rakyat not foreigners. we should go back to 40% low cost 40% mid cost and 20% luxury homes.
@@mishahul
Totally agree 💯.
Singapore will be part of that Private Entity trying to make it happen.
A Financial Hub which will rival Singapore Financial Status???
Lets see if it works.
They need Land...They are Out of It after A Ban on Sand to Singapore was in place recently...allegedly for Reclaimation Projects which changes the sea current leading up to disastrous consequences after the recent oil spill.
Losing Their Curve is detrimental to the Marine Ecosystem n clean up effort or the natural occurrence into the deep sea away from human habitats.
Turning it into A Casino was Singapore first initiative yet it will be in direct competition to MBS n Sentosa.
JB has never seen itself as Malaysia.
Always trying TO BE SINGAPORE.
Maybe Singapore will take over that Ghost City for good n The JB Palace could recoup their 100billion losses.
If only the Developer n Investors had the foresight to use the area n build An Intergrated Playground combining...
Public Housing
Landed...Condos...Retirement Oasis n A Waterfront Luxury Living for Foreigners 2nd Home.
Alas Creativity n Long Term Planning not A Thing with Greedy Investors.
It will give Malaysians working in Singapore...A Home or even Rental Units for singles.
Lost Opportunity.
WASTAGE with Mega Projects is A Huge Issue in Malaysia.
kami rakyat 🇲🇾 cukup bertuah mempunyai salah 1 perdana menteri all the best sepanjang kemerdekaan kami..jika kamu menyatakan kehilangan kami projek2 mega berbillion dollar atau apa sekalipun jika ia tidak menguntungkannya kepada masyarakat bawahan terutama sekali kepada warga & rakyatnya???itu lebih baik kami kehilangannya..kerana hari ini saya cukup berkeyakinan kepada pemimpin kami yang lebih mementingkan dahulu keselesaan rakyat serta kehidupan asasi rakyatnya yang diutamakan..jika projek2 mega ini yang kebiasaannya lebih menguntungkan kepada org2 luar daripada penghuni warga negaranya..ofcorse lebih baik ia tidak berjaya seperti apa yang diharapkan..apa yang penting sesuai dengan keperluan warganya diutamakan itu yang dipandang oleh kepimpinan kami pada hari ini..ianya cukup membahagiakan bagi kami sebagai warga negaranya..biarlah kami maju sealiran hasrat rakyatnya yang tidak banyak yang ketertinggalan..bukan untuk mengisi kantong2 orang luar dipikirkan tetapi rakyatnya diutamakan..welldone my presiden DATUK SERI PADUKA DI-RAJA DATUK ANWAR IBRAHIM..1990an saya menikmati pembelajaran kami ketika itu dia sebagai menjawat jawatan menteri pendidikan yang terbaik di negara kami malah diasia tenggara..& hari ini sesuailah beliau menjadi prime minester kami semoga kesejahteraan negara kami semakin baik bukanlah untuk didunia bukanlah untuk kami bermegah megah seperti negara2 lain tetapi apa yang penting sekali adalah kami rakyatnya yang ekonominya lebih baik dari sebelumnya..itu yang lebih penting bagi kami bukan untuk siapa2 bagi pihak asing..sejahtera negara berdaulat kami itu yang sentiasa kami doakan selalu..semoga orang luar dapat lebih memahaminya..lawan tetap lawan..
Jepun tak perlu sedekah kewargangaraan kpd org asing utk maju. Tak perlu signboard bahasa cina utk pelancong. Tak perlu jual tanahair utk duit.
Ini bukan PM punya kerja mangkuk oii. Ini raja satu bangsa selatan punya projek
Introduce duty-free, ferry terminal to Singapore, a helicopter landing pad, a horse racing track, and a casino on this Financial Island.
No Go Singapore . if you want Malaysians to support own country : we are the tax-payers. Singapore is a foreign country.
🤨 what you want is a gambler paradise! … to rob legally
@@PP-vf1kx if none of the above means it's doomed paradise.
Forest City was not built to compete with Singapore but rather to capture any spillover from the world's most expensive city.
Honestly, will you stay in FC ?
pls learn basic demand and supply first before you mass produce so many units. Rome isn't build on one day. No city was built from 'mega-project' and then expect all humans to live in it. obviously built by those who overly day-dream.
@@douglasstanley5209 He already said. Expensive City. Only those who are temporary love fashion as a form of life will learn to stay there to feel it.
Malaysia should have thought carefully before building the mega city.
Where to get so many people to live and *work* in Forest City. At least a million people.
They people have to be of a certain standard. (Sorry, I am not looking down on the poor.)
Definitely must have foreigners, as 100% local population, the project will not work.
How to plan that, what sort of quota.
What employment opportunities for foreigners and locals can be created there be.
A financial hub cannot spring up overnight. It has to be build up. Infrastructure together with the professional manpower.
Forest City should have started out small, and then expand over the years.
What Anwar can do now, is open up the FC in stages. Maybe one island at a time.
Forest city was meant for investors(mainly) from China
What abt the perpetual corruption
Well, after change of government, Putrajaya decided to keep it .
3:19 - I’m bothered by the fact that Singapore is raising concerns about land reclamation when they’ve been aggressively doing it since the 19th century. EIA? How can this country act as if it’s above others when they’ve already destroyed so many natural mangroves and corals in the past? Not to mention the reclamation that took place right on the border strait. And do they even care about where all that sand being imported from?
The same opportunity of making langkawi free port but slowly silent suffering from death island.
SMiLE 😀
A few tips you have understand before investing.
City center condo or not. They will promises everything in their agreement. Free gym, 2 free parking, swimming pools and 20 year contract to rent from owner. Once 90% of the condos are sold. They change management. Ditching all promises made through legal agreement. End up to be charged for all that used to be free. Not only we lost for paying the 5 year loan. They only rented for 4 years. The water charge rates are horribly high. All repair cost are at almost 10x the normal rates as we are not allowed to hire contractors which are not under their management.
We tried to sell. But the management has the right to disapprove who we sell it to. So due to the increasing monthly charges, we sold it back to the management at below market value. And 3 of my friends has the same fate at different condos. Malaysian or not if you dont have the backup plan. They can sue you for more profit as the lawyers we hired are also "related" under their company.
You can't govern properly when there there is corruption and international financial services need strong and effective governance.
I stayed in one of the houses. A RM2 mollion home. It's haunted. I lost 4 solitaire diamond rings. I told the hostess about it, she too is a foreigner. She ribbish it off. All that was left in my bag was a watch & 2 imitation rings & a cheap gold plated ring. I mix the rings all in a bag when l left my house to stay with her. When l wrnt back home l wanted to put them back for safe keeping. To my horror, all 4 solitaires disappeared. I wore those rings regularly but hospital procedure requested l remove it that Thursday. Friday, l was in my friend's place. I kept them in my bag mixed with others. Saturday l wrnt home. That night l found them all missing. I suspected her or the toyol. She's jobless, husband works overseas. Period.
Must be an educated TOYOL to know the genuine gems!!
toyol stole money only
"toyol"? Rubbish.
The rings itself maybe a cursed item. It found a new powerful master. Preciousssss
Sale to Singapore: Convert to high raise building fish farm or pig farm also a possible revenue generating proposal.. 😊
NONSENSE : BS . . the project is completed NOT Failed yet... the Condo prices are upheld, not reduced . Property never expired too soon .
The high-rise farming was a flop. The owner recently closed the farm and sold the building.
@@ssrae-2229 Agreed! That's why it is called Ghost Town.🤣
I prefer fish farm....at least when it sink, the fish can survive, not the pig.🤫
Planning a high end residential and commercial area right beside Singapore’s port and heavy industries doesn’t sound well. If I’m rich and wealthy I wouldn’t pick to stay beside heavy industries and with loads of foreign labourers and workers staying close by.
Connect Forest City directly to Singapore would boost the incentive for people to live there,
Very poor location. It’s just beside Singapore’s port and heavy industries. Imagine the environment the supposed target group, the wealthy people, have to put up with. And staying among labourers and workers.
Only those with good hard cold cash and young with open mindset will fall for it.
The name clearly stated Forest City. It is two different entity and human will be like a sandwich living there.
Malaysians developers love to talk big, talk bigger , and talk the biggest for all the world to know that we have bigger mouths that sound the goodest . !!!!!!
Don’t buy. Already so old and outdated. The investment is damn suai. You buy, you lose money.
Yep not worth to invest. The name is tarnished.
this project has destroyed the livelihood of the fishermen..no wonder it is doomed.
I was heavily into MY RE when this was happening. The big developers all knew this was a corrupt development with the idea of making it a Chinese beachhead - where Chinese could come and stay as long as they wanted, work, launder money, etc. All told me to avoid Eskandar like the plauge.
I sold everything I had in Malaysia as it was clear the "Chinese boom" would not be allowed to last as it was just too much currency leaving China. The MYR was at 3.0 USD and property prices doubled in Penang in 4 years as Chinese money flowed in. The last 3 properties I sold went to mainland buyers looking to park cash. They came and looked at a property for 3 or 4 minutes and made an offer on the spot. And then left the properties empty for 5 years even though they were fully furnished and ready to be rented.
I can now buy the same properties back for less (in USD terms) 10 years later.
Country Gardens is worth about USD40 per square meter at best. There were developments on Penang Island that were that price back in 2006. I paid $USD 62 psf for Miami Green in Penang back in 2006 to 2009 - a very nice and stable development.
Build some kind of border crossing to Singapore, and buyers will flood in. Rail, ferry, or pedestrian will work as long as there is a connection to the MRT in Singapore
Agree. Need a bridge from Singapore, provided Singapore government om consented to it.
And connected to the Singapore’s port and heavy industries area, which is situated right beside. Together with hordes of labourers and workers staying close together. Don’t think this environment would be attractive to the supposed target group, ‘the rich and wealthy’.
Malaysia is not Singapore. They will spend 10 years talking about it. 5 years hyping it up. Then abandon it because someone got elected prime minister. Then they will pay Singapore compensation for wasting our time.
too little too late....
Mahathir pour Billion into Langkawi and yet it fail And more than 90 % of his project fail When Najib sell 49% of Proton it suddenly earning Money Moreover Mahathir cannot accept it than he want to start another car project Luckily nobody invest cos it's bound to fail He alone wasted Billion and Billion of Malaysia Hard earn money where it can be use to help the Malay community Comparatively he is nothing to DSAI Yang terbaik PMX
dsai will be puppet communist
DSAI nak jual Malaysia pada World Bank - 1998. Terbaik!
@@eddios9018 hahahaha you dont know who is anuar he making malaysian market drop down from 1362 point to 261 point in 1998 and make ringgit drop from 2.43 to 4.77 anuar as a minister of finance from 1991 to 1998 make all businessmen bankruptcy is a anuar a good person ?????
Sea water lever is arising
Plan for boats soonest
the reason it flopped is multifactorial.. but mainly due to the unstable political background in Malaysia for the last decade, COVID and also background intererence by YouKnowWho... it has potential, but need strong leaders to step up and take responsibility, a good public transport system(because its far from the general population) and backing by the government, who knows it might turn out to be good.. but having live in JB, knowing what's going on behind the scene, things are much more complicated than that..
When it does succeed..Greedy selfish politicians will crash in and mess it up..Only wise rakyat/citizens must vote in an uncorrupted PM can we continue to progress otherwise will regress a deep fall..Pray for a harmonious & progressive Malaysia🙏❤🙏
So true. Mega projects provide politicians with opportunities to pocket kick backs. Material used are substandard.
A global financial hub requires a full suite of financial ecosystems for it to be so. Many desire to be one. Some aspire to rival the other.
Few make their mark.
HSR from China direct to Forest City, now declared as Duty-Free Island to promote tourism.
In short, driven by his animosity toward the Sultanate of Johor, which played a pivotal role in this project, this divisive politician sabotaged it to spite the state. Adding insult to injury, on his very first day back in office during his second term, he handed an island over to Singapore.
We love to be the ones who are envious for once
Ah...singapore channel centric despite its world-ly title...no wonder its all doom and gloom when it comes to Malaysia
I have a piece of good news for you. Hallucination is not illegal.
Delusion is not haram. 😂
It's harmless and it's free.
It's stupid to compare Ghost city/Johor with down south. Usually, you compare capital cities.
It is - if drugs are involved
@@eriklee9462🤔 what you’re describing is mental illness! .. it’s worse
It is so funny Singapore is so concerned about environmental impact while they are doing the same exact thing expanding their land by land reclamation
Yes you can. Depends on who will handles it.
Everytime Malaysia announced some major project, they always say it will compete with Singapore. When they first build KLIA they say they will compete with Changi. When they build the seaport at Port Klang, they can compete with singapore port. Let's see how this financial hub turns out
It's all failed terribly😅
Maybe Singapore should just annex Malaysia lol
And one minister even shamelessly said that if malaysia rule Singapore it will definitely be better develop 😅 just imagine this joker is from JB
True enough... its like Msian are forever chasing after the shadow of Spore. Sad 😢
Singapore soon gonna be dead city... global warming...shortage of clean water, food supply and other resources, the fact is Malaysia & Indonesia will no longer supply. While singapore gonna be land less too many stress citizen, bunch of old folks... Singapore have to create under sea city....but have to overcome tsunami n etc....
I see no problem with the project including marketing it. The only big issue is when the leaders inside the country were not united at all. That surely becomes a main ingredients for failure and sounding an alarm bell to the tourists and foreign investors. I have high respect for Mahathir, but what he did had just brought more bad image to Malaysia rather than uplift its already struggling economy. The project was already ongoing, and the only thing the Gov't of Malaysia could've done to address those issues of foreign influx and securities of its local citizens is to pass newer legislations and policies to ensure the safeguards and benefits that are more advantageous to the improvement of the economy and its local citizens while promoting and making the project attractive to foreign clients.
**Correction Chinese buyers offer special visa..NOT Citizenship..& Sad & True Dr M remarks scarce off Chinese buyers.
it's obviously a failure without Chinese buyers who can't get their money out of China now. And they didn't feel welcome in Malaysia with MM2H being changed for the worse every few months
yes , add more money , Malaysia can do it
The problem, forest city may be sinking with china way of building 😂. It is just my opinion
You maybe right because the Chinese employed Indian workers for the projects. 😂 😂 😂
Sinkiepore talking about sinking, now that's funny😂
It's a wet dreams and will remain a wet dreams.
Malaysia boleh. Can challenge Singapore as a financial centre. Massive land can attract foreign investors, and talents from Malaysian holding Singapore PR back to Johore. Thanks to Singapore training thousands of Malaysian here and for them to gain good working skills and return back to Malaysia.
The key problem started with china's financial restrictions, it happened around the world, not just malaysia
Sinkiepore actually hates it when Malaysia do well economically. They really do not like that Malaysia is becoming a powerhouse for Semicon and data centers. If the government play their cards right and build infrastructure projects like HSR and LRT to stop at Forest City, it will become a success because of its strategic location.
Yes. I agree with u. As u said "if" malaysia do this and "if" malaysia do that. "If" only I strike lottery; "if" only I look like Tom Cruise. In the meantime, u continue to dream the "if", OK?
Malaysia does not have a population big enough for this kind of mega projects. Also it is not cheap. How many consumers can afford that? The project must start small first and build on that.
@@oldtabrough1026 😂😂😂😂😂
@@thinkie12 Infrastructure projects does not only benefit the locals. FYI, Changi-KLIA is the world's busiest international route with 4.9 million seats in 2023. A high-speed rail that can take passengers from Singapore to KL in 90 mins will be in demand compared to flight because a train is still needed to reach KL from KLIA.
Considering that over 300,000 Johoreans work in Singapore and commute via motorbikes on a daily basis, LRT will be in demand once RTS is operational as commuters can take the LRT to RTS link and then the MRT in Singapore. It is not a stretch to say it's possible to commute from Johor to Singapore daily for work within 1 hour of travelling time. Hence, why properties near RTS are selling like hot cakes now.
National Interest vs Foreign Entities Greed.
You really will not be The Making of A Leader.
Visited this place before, the sale-person snobbishly told "only applicable to China citizen, not for Malaysian. You can see but don't ask at all". Lack of cultural and art elements. It is waiting to be a failure project.
Now they want Singapore to invest into this project and shoot its own feet? Not so dumb leh. Unless the returns favor S'pore greatly. If not, no deal.
Malaysia will watch what Singapore do and try to copy.
@@teckkeeang4363 Like pleasing the western master?
No deal for Singapore.. they target China n other btw they just sold out they commercial site without depend on Singapore.. u don't watch news 😂
@@haon2205 It's called multilateral cooperative partnerships for the mutual benefit of all concerned parties, a.k.a. what grownups do. But you lot can't even spell it, much less comprehend its meaning.
Says who they want Singapore to invest in the project? The project primarily failed because Country Garden went bust
1) Ex-Indonesian President insulted SG for Little Red Dot! 🔴2）台湾人说新加坡是鼻屎小国 TW said SG was just a tiny piece of booger! 😤3）中国说坡县。🏕CN insulted SG as a minor county place 4）MY said Forest City will replace SG as Financial and Seaport. SG replies: So what! Next, please!
Then Thailand says, we will build Kras canal as alternative to straits of malacca. Then many Youtubbers say, "SG will be rejected in join BRICS. Doomsday!".
@@douglasstanley5209 Singapore is rejected by BRICS because it sanctioned Russia, that's a fact. As for "doomsday", nobody knows the geopolitical landscape years down the road, but BRICS is definitely gaining traction in the global south as an alternative way to conduct international trade without Western financial system
@@ViolentCabbage-ym7ko Can you show me the evidence that SG has applied to join BRICS ? Or this is another hearsay news ? If SG has not applied, how can it be rejected ?
@@douglasstanley5209 Read my comment again. I did not say that Singapore's application was rejected, I said that Singapore is rejected by BRICS. Putin has clearly said that any county that uses unilateral sanction against another country is deemed unfriendly and is rejected by BRICS
@@ViolentCabbage-ym7ko Why tell the world that I will not be invited to join your party if you jolly well knew that I am not going to go anyway ? What does that speak of you ??
Don't worry, the Forest City will regain its prospective in the Property Market soon. With the New Port, Golden Port in Malacca Strait brings Prosperity to Malaysia and investments poured in the Forest City soon.
A new brilliant steps by PMX, no more ghost town because THE RTS link will complete soon
Malaysia government is naturally skillful when it comes to grand plans, coming up with slogans, corruption, lack of accountability and inefficient use of resources.
Malaysia Government better sell the whole island to Singapore Government
Then u wanna make money off other people hardworking and plan like the 1 island given to you without our acknowledgement
Malaysia's PM was forced to rejuvenate this problem.
Malaysia is always dreaming..ask them about their Wawasan 2020 plan.. it's 2024 already..
Whene KLIA opened years ago, they claim it will rival Changi Airport.. I wonder 🤔
Mahathir dreams a lot but most of his dreams don't work out. It vanished in thin air, poof!
TUN M wawasan 2020 planning to be fail from beginning, The Policies does support to encourage to fail due to untouched and illogical businesses activities which not meritocracy in planning human capital. Corruption is planning ahead than meritocracy systems.
Wawasan 2020 is for him.. to become PM 2nd time.
@@masterseries4004 The plan was a good aim what details in it was well researched but unfortunately improperly executed. Pak Lah tanked it together with the financial crisis. Najib make it worse etc... Mahathir as PM anytime rather than Zahid and cos.
Don't jump the gun. Take a look at the way the place, it is in a horrendous stage. One, two room studio apartment have more than a dozen people staying in it. Doing their cooking at the corridor of their apartment. The property tax for foreigners have increase more than more than 4 times in 5 years.
i dont understand this - why call yourself forest city NEXT TO garden city. Isn't better to be in the latter???
Some studio apartment unit there stay some 20 adults. They are doing their cooking at the corridors. Worse than any thing, I have ever seen.
So many hate comments from probably Singaporeans. Just sit and relax. Time will tell if the govts plans would work. This project is fully funded by private sector. Govt of the day is only pushed to make it a success because..you know why..but if it fails it really doesnt hurt the Malaysian govt a bit..but if it turns out to be a success..it will really benefits Malaysia..this project is even raised on a manmade island. 😘
@@detox78
Singapore will be part of that Private Entity trying to make it happen.
So don't even go there.
A Financial Hub which will rival Singapore Financial Status???
Lets see if it works.
They need Land...They are Out of It after A Ban on Sand to Singapore was in place recently...allegedly for Reclaimation Projects which changes the sea current leading up to disastrous consequences after the recent oil spill.
Losing Their Curve is detrimental to the Marine Ecosystem n clean up effort or the natural occurrence into the deep sea away from human habitats.
Turning it into A Casino was Singapore first initiative yet it will be in direct competition to MBS n Sentosa.
JB has never seen itself as Malaysia.
Always trying TO BE SINGAPORE.
Maybe Singapore will take over that Ghost City for good n The JB Palace could recoup their 100billion losses.
If only the Developer n Investors had the foresight to use the area n build An Intergrated Playground combining...
Public Housing
Landed...Condos...Retirement Oasis n A Waterfront Luxury Living for Foreigners 2nd Home.
Alas Creativity n Long Term Planning not A Thing with Greedy Investors.
It will give Malaysians working in Singapore...A Home or even Rental Units for singles.
Lost Opportunity.
WASTAGE with Mega Projects is A Huge Issue in Malaysia.
They are angry although the country is rich, only the foreigners are reaping it and the cost of living is sky high. The government spend a lot on useless defense with no enemy to fight so they pick on Malaysia.
Those who have fully paid up too does not have titles to their units.
Flip-flop government policies discouraged prospective foreign buyers from commitments to purchasing property units there. Build the HSR services soon will attract even more Singaporeans to invest there, in terms of travel convenience also for foreign tourists from S'pore by HSR to K.Lumpur in just 2 hours (say), another country to visit !
my day does not go by without watching your video and Emile Cosman
High quality human resources, sound governance, and law and order are the reason for becoming a financial centre. The rest is the by product. Don't confuse it with the order of cause and effort.
Mahathir caused the fall of this mega project. Mahathir is very racist.
thats why we Couldn't agree and not Listening to communist mentality
It will cause the people who hold the economy to also hold the political power. These people are more racist.
People who called others racist are racist themselves
@@lucasahmad6525 I am telling the truth. Mahathir is the most racist PM in Malaysia.
Plaza Rakyat over 25 years . I am not holding my breath.
Corruption screws everything up. Look at Malacca's artificial island.
That is not corruption. It's a white elephant project with no funding nor buyer. Stay off the keyboard please.
Forest City Solution: Lease the land to Singapore for 99 years!
😂😂😂 Imho, better make it perpetuity with a nominal payment of RM 1,000 like penang instead.
Well, i don't think Singapore will buy ur land that laat 99 years. Developers may considered but definitely not SG Government.
Every concrete building can last 1000 years.
How can it be said that it is not worth the investment ?
1.26 million for 1 bedroom in Singapore!!! wtf, nuts
learn the basic demand and supply first before simply build thousands of units
Only in Fairy Tales!
Reason is because Drm Racist Policy Now with Support from Sultan of Johor, no racism. Foreign investors might come back.
From the start the main project partner is the later person you mentioned. Good luck.
The title should change to A dream turns into a nightmare. Now they hope Singapore can invest in it. What a joke. Johore in reality has much potential and thrives more only on its own not as a state part of Malaysia. Many Johoreans work in Singapore. Earn strong sing dollars is better than weak ringgits. They became wealthy Johoreans possibly owning many more properties in Johore and other states in Malaysia.
HELLO IF CASINO CAN’T REVIVE FOREST CITY MAYBE TRY TO REZONE FOREST CITY AS SPECIAL ZONE THAT TAKING DRUG IS LEGAL. 👍👍👍
😅you don't need forest city to do drug, just turn old changi prison into one, but careful, old Hotel California Song say "you can go in anytime, but you can never leave"😅😅
One of the most expensive projects in the world that failed, hope the Malaysian government can overcome it
If you ask me, I will choose JB city center where the RTS is located, not some forest far far away from JB city center
The problem with the current government are corruption and nepotism, incompetent
ministers and poor planning and uncontrolled developement leads to environment disaster.
The King of M'sia is also the Sultan of Johor. Bad timing becos China stopped money flow overseas & killed the demand.
Massive mega project turn ghost town. To revise the it back to its intend. It is very difficult. If only Singapore intend to put its hand onto it. But it is very difficult to draw an agreement on its ownership of the project. If not it will turn into a dead log.
It is really a forest city now ha ha ha
Don't simply coment if you have not visited the place. It is well maintanied.
Will only work when Malaysia cooperates with Singapore. Not as a competitive threat to Singapore. Malaysian Politics has a simmering but well established anti chinese policy.
Singapore'a financial hub was built through years/decades of hard works. Malaysia with their political instability and tidak apa attitude coupled with brain drain trend, can dream on.
Even the rich Chineses developers abandon their investment on their share and money invested as total lost. The Chinese is no rookies in corruption and nepotism, but they did not anticipate the Malaysia intensive corruption and nepotism is actually worse than anything they have come across.
*Forest City it's to become a completely Malaysia Financially Hub Centre, have Offshore financial centre at Labuan 🇲🇾*
The list of failure never stop in Malaysia. All the mega project is destroy by corruption. The same story follow they is project in Malacca that fail. Even project in langkawi also fail with money invested and nothing to show. The multi media corridor in K. L. is a white elephant. Now, Forest City they are trying to save. Due to the Agong interest in the project.
I guess that 100 billion is not taxpayers money because this is not a public housing like hdb of Singapore, but its all private China entrepreneur money, right?
To those that came out with negative comments about this initiative, consider this.
It was the former government's project, and it has started, and the infrastructure has been laid down. Yes, now it seemed like a waste, and had it not yet launched, it is preferable to have it scrapped.
But now, it is too late, and the current government's initiative could be looked upon as trying to make the best out of a very bad situation. After all, what can it do? Just let the project rot and all the money the investors had put in flushed down the drain?
I am not sure that this initiative would even be a success, but if it did, imagine the financial benefits Malaysia could reap. Malaysians should support this initiative, for it is not the time to let racial political issues control your lives and worsen the situation with your negative comments.
The name itself already is two element in it.
Forest vs. City.
My question would be who are the workers in the financial hub. Are they Malaysians or singaporeans or foreigners. 70% Bumi? Usually workers will prefer to live near their work place. So if the workers are foreigners or singaporeans I guess it is ok to live in Forest City. But if they are Malaysians then I would ask if they are ok to buy or rent their accommodation in Forest City. Is it going to be affordable for them?
Foreigners only can buy residential units above 1mil; so the majority of the owners are Malaysian. If the project is not successful, it will hurt the local investor. The early phrases are fully sold, have to wait for the second island.
@ Forest City is priced less than a million RM? I thought the developer is from china
@@raphaelger depends on numbers of room; mostly below 1mil
Tun Mahathir the game changer for forest city...like he told now monkey in the island...❤❤.tun m ❤❤❤
They are trying to seek help from Thaksin to help. With Thaksin connection with the rich, influential, powerful connection. This might be a little too late. If Takshin turn down to help, maybe can get Jo Loh to help out.😢
Yeah! Put more new (2025) and forward 5 years (2025-2030) of national's budget, so corrupted contractors can make money and lesser budget for lower stages citizens or inaccessible national budgets, small citizens business contractors can't access or excluded out. Country remain poor economically and people continue to pay tax every year without economically benefit for personal impact in their sustainable livelihood and insufficient pensions to retire. Common citizens wouldn't be able to excess the profits of their tax contributions but the upper levels & cronies will get the profit.
wow sure... 50 years to reach here, not 50 months