Dear comment section, this guy has a point. If the project fails, Malaysia will be wasting more than a hundred billion of dollar which it cannot afford on a ghost city. On the other hand, if the project succeed, only rich mainland Chinese and taiwanese will be the buyer... The problem is that these people are not actually going to live there... They are buying it as an investment therefore inflating the price of the house there pushing Malaysian out of the market... It will be the same case that is happening to London where Londoner is being pushed out of their own cities in favour of the foreigners.... In my opinion, Malaysia should have never proceed with this project. The money should have been spent on infrastructure, education, and healthcare which the country barely provide because that is a catalyst that makes a country grow! Not some publicity stunt by the govt to win some vote.
TheAdventurer24 it's not a publicity stunt. The greedy politicians can't dig enough from Malaysians anymore. So they are selling Malaysia. One of the ministers interviewed said, Johor's population will grow from 1.8 million to 3 million. Wow.. How? Chinese expats and more Bangladeshi workers?
The people (buyers) have to have the true intention for living there. That means buying restrictions for Chinese, the prices have to be kept in bail, and an infrastructure similar to Singapore is a must. Driving over to visit Singapore has to be easy and cheap. Plus there should be a superfast connection to Changi airport.
@@JohnL-m2l I guess, they could organize there software outsourcing companies and invite foreign software developers from Eastern Europe, for example. Just decent salaries are needed: $2000-$4000 for mainstream employees with minimal taxation. Many offshore software developers from cold, expensive countries would enjoy equatorial climate and proximity to Singapore. Current salaries and Malaysia my second home program make such relocation unaffordable.
I'm a Malaysian, and I can tell you that most of us cannot afford all these fancy new developments. 80% of these things are bought by foreigners especially PRC. As a bonus, let me summarise where to go in Malaysia for you: 1) KL CBD (klang bak kut teh, bamboo wantan mee) 2) Genting Highlands 3) Penang (for hokkien prawn noodles, rojak, cendol) 4) Melaka (satay celup, chicken rice balls, cendol) 5) Ipoh (bean sprout chicken, curry mee, white coffee) 6) my comedy chanel (how Malaysians learn driving, things that ruin friendship) Have a nice day and thank me later :D
MingforPM this kind of development is bloating the luxury residential market. People will buy these expensive apartments thinking they're investing on some sh*t,. In the end, most of the property will be owned but very few will actually live there. Very much like the notorious Chinese ghost towns.
I've lived in Malaysia for two years now and all I see is lots of supply and no demand. Buildings sprouting up everywhere but no one to live in them. That development looks horrible and not the kind of place someone would want to live. Am I missing something?
yes Made in Malaysia of course. because it is in Malaysia, even though many investor are from China. like iPhone, designed in California, assembled in China. huhuu...
obviously you're blind..as the title written Malaysia's Shenzhen..I guess you're just another angry sour keyboard warrior not able afford to buy any of their properties....if there's no china FDI, Malaysia's economy gonna sink into the deep ocean.
Tourbillon O the title of the video is "made in Malaysia-forest city" by CNN. Then they upload it to youtube and put the title "Malaysia's Shenzen" sarcasticly stating that the developer, investor and project by China, but made in the land of Malaysia. Comprende?
Even some of the developed country like Canada depend on China's investment to maintain economic growth. So it's not strange if developed nation like Malaysia also depend on China. Ironic though, considering how Malay dominated Malaysian government treated their Chinese minority. Ketuanan indeed.
Kasian liat indonesia bro, reklamasi di jakarta aja, protes nggak jelas muncul padahal itu uang masuk buat ekonomi indonesia juga. Pantes indo ketinggalan terus bro, kasian2
aidil mubarock tenang aja gan Cikarang bakal jadi Shenzhen nya Indonesia , Lippo group invest 270 trillion buat pembangunan gedung di sekitar Orange County dan saya orang Cikarang. Di Jababeka banyak industri dan mungkin orang luar jadi mau inves di Indonesia.
That project could cause massive property buble though.. Malaysian and Singapore population is growing slower due to declining birth rate .. if they do manage to sell it off, probably just a bunch of rich people hoarding house..
Yes, that's is what I am thinking and this is what happen too. Those rich people are hoarding their kids house also, buy low sell high back to their kids. What an good idea right?
Mr Pink Hopefully with the arrival of our new prime minister, Tun Mahathir would fix that for us by lowering the standard of living and better income for the maojority of Malaysian.
@@aidielf How well that aged...and ironically Najib is the one that attracted investor (China) to Malaysia which helps us in the long run. Though Mahathir bilateral trade and bonds also helps us.
real reason malaysia is building this is to pull singaporeans. Over the past years singapore has had its economy increased drastically to the point where malaysia couldnt keep up, sooo... malaysias gdp growth wasnt as high, currency dropped, and more imagrants were needed to fill in work spaces that malaysians themselves dont want to do, what malaysia is trying to do is to expand business, malaysians love business, with this project they are trying to increase entrepreneurship because with our country being bigger and more populated than singapore, we need more amounts of entrepreneurs so these things are just small steps that malaysia is making to become on par with singapore (economically speaking) again like the old days.
I do not know that the buyer where countries from? If mostly buyers from PRC Mainland of china Maybe i'm not disagree... Malaysia for malaysian people's
I agree with you, but at least its from reclaimed land. Basically the PRC folks buy expensive house built on underutilized land that were under the sea that never been used before.
I had to be honest. I am a Malaysian from Johor. The amount of money spent on these developments could be used to improve schools (renovating or rebuilding etc as they are no new facilities the past decades) and spent on improving Malaysia as a whole not just in Iskandar. Locals can't afford these expensive housing! Malaysia is building a ghost town here.....(is just my opinion)
Many unsuspecting PRCs from mainland are funding these! How? well, it was channeled through AIIB for the party's overseas investments... The CCP can't tell their people how, but in 2015, the stock market meltdown had many of the investers questioned where the 6Trillion RMB went??? The CCP kept mum til a pseudo "investigation" committee setup went into perpetual standstill, no one dared bring up the topic again.... Your guess is as good as mine!
There are recently many protesters in China shouting out to the developer 碧桂园 for their fraudulent practices in these projects... Whistle blowers explained how the general citizens of PRC are using their own money to buy their own product, which means spending twice the money to buy a vapour ware from the future... Well 20 years??? U kiddin me?
I'm Malaysian and of all the States only Penang is making money without this kind of development. I have yet to hear anything about Johor making a profit. What am I missing here? This is more like a China development of their famous Ghost Town, imho.
Support China company, no other reason. If Malaysia government can do better than them? Why we need China company? For those who said Chinese company invade Malaysia, tanah telah dijajah but why don't you think about the reason that our government need to cooperate with China government/company. Frankly, none of them can decide the future of Malaysia, only Malaysian and the government that we choose can make a choice
1:36 - "Who's going to buy all these properties?" One sentence and it aptly summarizes what many Malaysia, Singapore, Hong Kong, Taiwan and China investors think of Iskandar Malaysia - that it's a beautiful ghost-town in the making unless prices are drastically lowered!
I went to the city. It just.. I don't feel something good about it. The feeling you get when something bad is about to happen. I don't really believe it but that very feeling is real.
ShenZhen succeed is because of a pool of hardworking workforce and committed govt policy.... Do Malaysia have the same conditions? Been proximity to Singapore is not the answer.
Some of these comments are insular and ignorant. Malaysia and China have a long relationship since the times of the Malacca sultanate. For the Chinese to invest so much money in Malaysia clearly shows that they have confidence in Malaysia and its economy.
malaysia is amazing,im from indonesia and all i can do here is just dreamng that smthng like this wll build in my country,im amaze and in the same time im so jealous with malysia.greeting from indonesia..
lu kasi apreasiasi sama malon, bilang bilang love from indo lah.. apa malon bales dengan kebaikan? yg ada mreka makin srneng ngejekin loe dimana harga diri loe?
Apresiasi pihak lain ga perlu dikaitkan dgn harga diri, klo mereka bales dgn ejekan yg klihatan childish jg mereka kok.. Lagian citra indonesia jg ga oke" bgt kok di mata internasional (cm ktolong bali) gausa terlalu gedein gengsi lah buat sekedar ramah dgn "tetangga"
2020 now and this mega project slowly will bounce to the peak of the first initial start.. As we all finally knew PH government couldn’t provide better stimulation on economic growth,they have to rely on previous government plannings to earn the benefits without efforts..
Singapore may be congested with many apartment blocks close to each other but on a closer look, the layout is cleverly done with many engineering considerations i.e. spacing between apartments, height restriction, traffic flow on roads. Plus the government provides excellent maintenance of public facilities i.e. roads, traffic lights, trees, shrubs, all the buried facilities ( gas, electricity, water, sewerage) buried under the roads. Singaporeans will not move from Singapore.
With this, I can ensure that the property bubble in Malaysia is going to burst soon. Do you know that up to 40% of building spaces in the prosper and bustling KL is not rented out? And just imagine in Johor Bahru.
Malaysia is currently planning for 2030. Another 1000 km of highways and expressways are already being built. About 5 new train lines are being constructed, including two planned high speed train networks. At least 5 super high towers would be built in Malaysia by 2030, not including the PNB 118 (the world's second tallest building to be completed in 2021). Malaysia is always forward thinking. If its neighbors build cities by then, Malaysia would already have 3 to 4 times their developments. All these from 10 year strategic plans devised with the assistance of experts of industry and government, including foreign investors. There will be more than USD 100 billion of foreign investments in the country before 2030, as commited by these investors. Lets not forget that the manufacturing hub for global IT is in Malaysia now at its own Silicon island state. Malaysia is ahead of the curve. Expect a fully industrialized nations status quite soon.
I spoke to a property agent and he said that water leakage in new apartments are common. That is shocking. 95% of Singapore are apartments and water leakage only occurs in old apartments and even then in a small percentage...not due to the piping but the cementing between the tiled floor and the piping. So, what the agent told me was shocking.
Projet mewah untuk warga asing,,,,hanya segelintir orang Malaysia saja yang manpu milik,,selain nya hanya mampu tengok dan cuci mata,,dana Negara Malaysia yang kelurkan yanag nemati bangsa asing,rakyat Malaysia jadi penbayar hutang dari cukai yang di kenakan,,,,,
Many high rise luxury condos that both foreigner and local cannot afford. The time will come where there are plenty of homes, yet many will be homeless.
Malaysia will be truly Asia soon ! You will soon different nationalities throughout Asia staying in Forest City. It will be good for Malaysia economically and helps to speed up development of the country.
Hi CNN, In the middle of nowhere? FYI this is the land of full of happiness which where in this world you can found a multi-racial land that are living in peace, harmony, growing together & being an economic region to be the great nation. Yes, like you have said we are 100% ready to be the great nation in the 21st century. #forestcity #iskandar #malaysia Regards, Arif
Iqbal Ezra kerja kamu tunggu saja la....sebabtu indonesia miskin tak bangun2, sebab semuanya jenis tunggu macam kamu. org sudah jauh maju kamu masih tunggu....tunggu
Because singapore cannot expand further , some food firms may come in iskanda , but if you are expecting complete development over that large area 3 times of singapore , then it's not possible for over half century more
Love Malaysia from Indonesia :)) Btw kinda similar to Indonesia, the property business is rising and also condominium apartment.. I dont know does rich people choose living in a Building more than a house?
project area is 3 times the size of Singapore, if the project succeeds the residents will be 80% Chinese, both local as well as people from PRC, which is not good for Malayia, in future they may secede from Malaysia, like Singapore did in the past. if the project fails, it will screw Malaysia's economy. either way PRC will not be a looser.
Check any apartment for rent in all the towns or cities. You can pay for 18 years of rental before you reach the purchase price. Not to forget the fees, repairs and most certainly, the write-off of the apartment later. No second-hand market for apartments in Malaysia.
They forecast on the next 10 years going to be 3million malaysian people living in Johor Bahru. But out of 3 million, how many will be able to buy the property? Obviously they will sell it to the foreigner, Singaporean & Chinese Mainland.
im here in Iskandar, near the JB woodlands checkpoint. There are 600-800 units in this development. At night you only see about 15-20 apartments with lights on. The apartments are beautiful though. Much more space then SG! I think its just going to be one of those things that takes time to develop...
It will remain a semi-ghost town for many years. Malaysia is a big country and development in key States are competing with each other. Hence, Johor will not be that successful. Factories are all away from JB. Other than week-end shopping, what is there to attract Singaporeans to live there? Perhaps when the Mass Rapid Transit is operating in end-2026, JB town centre may be more popular but it is still a big IF.
Saya yakin yg bakal menghuni bukan orang malaysia asli, melainkan pendatang. Malaysia penduduknya sdikit dan sudah punya rumah masing2. Kasihan orang malaysia asli bakal tersingkir oleh pendatang,
100 billion dollars ....? its an inflated figure .....Tis is wt china did and nw in the edge of bankruptcy .... Any bad news from china will affect the project very badly.... Cant compare with Singapore..
ngiri lah sama malaysia, beda sama indo, masih rasis, ga mau maju dan kerja keras bareng-bareng...dan tentunya indo apa2 serba di politisasi, apa2 pro kontra ga abis2, susah dikit teriak...agak pesimis sama negara sendiri..😓
Sekarang udah ada Jokowi aku sendiri dari Malaysia lihat potensi. Moga2 beliau mampu ubah mentality masyarakat Indonesia. Indonesia itu populasi tinggi memang kelihatan seperti punya ramai yang degil tapi kalau dikira dari sudut ratio lain. Aku sendiri Nampak Indonesia sedang menaik dengan pemerintahan Jokowi. Cuma demo masyarakat aja yang jadi permasalahan.
Forest City di Johore adalah permulaan untok China memiliki tanah dan lama kelamaan menuntut kerakyatan Malaysia dan membiak diJohore hingga kerajaan tidak dapat membendungnya !!!
I have spent weeks looking at Kota Kinabalu, Kuantan, Desaru, Johor Bahru, Batu Pahat, Melaka, Ipoh, Penang, etc. Too many empty properties for rent. Any investor will be squatting on unrented properties for many years. Malaysia is over-built. Depend on Chinese investors....it is a dream. Depend on Singapore investors...they have got burnt badly already.
From my perspective its not that expensive only around RM800k for it location. At my place, a new house worth RM750K and where is it? Near a small town called Sungai Pelek. Have you ever heard of that place.
Johor Bahru has been next to Singapore since time memorial. Is it booming at the level singapore is for the last 50 years? What makes iskandar so special ? Think about that when u invest your hard money.
The reporter acted as if everything around him is hilarious and stupid, when he could have at least be polite and discuss the matters in a more formal way. It doesn't even fit the narrative they're trying to push. If you really want to push a narrative that says 'China is conquering everything', then at least discuss the facts in a serious way instead of trying to goof off like this and treat it like a freak show.
Irval Firestar Because he knows that all this will be a HUGH housing bubble that will pop very soon. Not many people are buying them. I rather invest in Singapore’s property.
Not really true that Malaysian apartments are more spacious than Singapore. Most of them are small i.e. 60 sq m to 85 sq m with 3 bedrooms squeezed into a 85 sq m space. The really spacious ones above 200 sq are aimed at wealthy foreign buyers but the market is small at that price level. In Singapore, one can get a HDB flat that is around 85 sq m easily with all the comforts of facilities without having to pay any maintenance fees. In JB, they are all private condos and hence you need to pay the fees (maintenance, sinking fund, etc.) Renting in Malaysia is far better for any foreigner...without the hassle of upkeep.
RIP ORG MELAYU DI JOHOR SECARA TIDAK SEDAR TANAH NYA DI JAJAH 90% PEMBELI ADALAH ORG KAYA DARI CHINA DAN SELEBIH NYA UNTUK ORG MALAYSIA DI KL BNYK ORG CHINA DAN MELAYU SUDAH PUDAR TIDAK LAMA LG MALAYSIA AKAN JDI SINGAPORE... MATI ORG MELAYU DI SEBABKAN MENGEJAR DUNIA DAN GILA DUIT
it's meant for the rich ones.... the locals... yes.. for the rich ones... too...the poor ones... u can live in tents... camping sets are cheap... live along the beach.... or built floating houses...
Malaysia has only a few elephants left. So, White Elephants like these will help to increase the elephant population. Look at any of the numerous condos...and you see dozens to over 800 apartments avaialble for rent. Who is renting? From Singapore? Very few and those renting are just a few thousands. Malaysian? They all have cars and will drive outside to spacious landed properties at much cheaper cost....Malaysians do not like to live in crowded cities except in the Klang Valley (KL, Petaling Jaya) but that premier location has frequent water stoppage.
Singapore population has already peaked. Economy is struggling to avoid a recession. Expats population has decreased due to high costs and also Government is issuing less visas except to the top calibre (numbering perhaps a few hundreds). Singaporeans can be assured of an apartment, assured that in times of recessions or economic slowdown, the government will allow them longer repayment periods, etc. Not when they invest in JB. No way, I will buy in JB. Rent, maybe.
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Dear comment section, this guy has a point. If the project fails, Malaysia will be wasting more than a hundred billion of dollar which it cannot afford on a ghost city. On the other hand, if the project succeed, only rich mainland Chinese and taiwanese will be the buyer... The problem is that these people are not actually going to live there... They are buying it as an investment therefore inflating the price of the house there pushing Malaysian out of the market... It will be the same case that is happening to London where Londoner is being pushed out of their own cities in favour of the foreigners....
In my opinion, Malaysia should have never proceed with this project. The money should have been spent on infrastructure, education, and healthcare which the country barely provide because that is a catalyst that makes a country grow! Not some publicity stunt by the govt to win some vote.
TheAdventurer24 it's not a publicity stunt. The greedy politicians can't dig enough from Malaysians anymore. So they are selling Malaysia. One of the ministers interviewed said, Johor's population will grow from 1.8 million to 3 million. Wow.. How? Chinese expats and more Bangladeshi workers?
TheAdventurer24 malaysian racist opposition welcoming taiwanese but later blamed the gov for pendatang tanpa izin or whatnot~cringe
The people (buyers) have to have the true intention for living there.
That means buying restrictions for Chinese, the prices have to be kept in bail, and an infrastructure similar to Singapore is a must. Driving over to visit Singapore has to be easy and cheap. Plus there should be a superfast connection to Changi airport.
@@JohnL-m2l I guess, they could organize there software outsourcing companies and invite foreign software developers from Eastern Europe, for example. Just decent salaries are needed: $2000-$4000 for mainstream employees with minimal taxation. Many offshore software developers from cold, expensive countries would enjoy equatorial climate and proximity to Singapore. Current salaries and Malaysia my second home program make such relocation unaffordable.
Thank god this project is almost done and almost being canceled by the old government that do not support chinese developer
I'm a Malaysian, and I can tell you that most of us cannot afford all these fancy new developments. 80% of these things are bought by foreigners especially PRC. As a bonus, let me summarise where to go in Malaysia for you:
1) KL CBD (klang bak kut teh, bamboo wantan mee)
2) Genting Highlands
3) Penang (for hokkien prawn noodles, rojak, cendol)
4) Melaka (satay celup, chicken rice balls, cendol)
5) Ipoh (bean sprout chicken, curry mee, white coffee)
6) my comedy chanel (how Malaysians learn driving, things that ruin friendship)
Have a nice day and thank me later :D
MingforPM this kind of development is bloating the luxury residential market. People will buy these expensive apartments thinking they're investing on some sh*t,. In the end, most of the property will be owned but very few will actually live there. Very much like the notorious Chinese ghost towns.
MingforPM actually chinese conquered malaysia economy today
Langkawi too, been there several times
Most of chinese still can efford it
Oof, I thought East Malaysia is in Malaysia?
I've lived in Malaysia for two years now and all I see is lots of supply and no demand. Buildings sprouting up everywhere but no one to live in them. That development looks horrible and not the kind of place someone would want to live. Am I missing something?
Jimmy Will no demand from Malaysians but from China
Jimmy Will missing your mind
moe lester. you are right, people who live below the poverty line like you can't afford to buy this place.
Just to fulfill developer's finance.
Will Simmonds they working!
the title is "made in Malaysia"... but all i heard in the video is China China China... hmmm
yes Made in Malaysia of course. because it is in Malaysia, even though many investor are from China.
like iPhone, designed in California, assembled in China. huhuu...
shield tox yes the money is from china...even forest city sold from the royal is from.....
obviously you're blind..as the title written Malaysia's Shenzhen..I guess you're just another angry sour keyboard warrior not able afford to buy any of their properties....if there's no china FDI, Malaysia's economy gonna sink into the deep ocean.
Tourbillon O the title of the video is "made in Malaysia-forest city" by CNN. Then they upload it to youtube and put the title "Malaysia's Shenzen" sarcasticly stating that the developer, investor and project by China, but made in the land of Malaysia. Comprende?
Even some of the developed country like Canada depend on China's investment to maintain economic growth. So it's not strange if developed nation like Malaysia also depend on China. Ironic though, considering how Malay dominated Malaysian government treated their Chinese minority. Ketuanan indeed.
Love Malaysia from Indonesia
i'm Indonesian and my cousin are from Malaysia some times i visit Kuala Lumpur.
Salam serumpun
Johan Michael salam mas
Love you guys
Kasian liat indonesia bro, reklamasi di jakarta aja, protes nggak jelas muncul padahal itu uang masuk buat ekonomi indonesia juga. Pantes indo ketinggalan terus bro, kasian2
aidil mubarock tenang aja gan Cikarang bakal jadi Shenzhen nya Indonesia , Lippo group invest 270 trillion buat pembangunan gedung di sekitar Orange County dan saya orang Cikarang. Di Jababeka banyak industri dan mungkin orang luar jadi mau inves di Indonesia.
That project could cause massive property buble though.. Malaysian and Singapore population is growing slower due to declining birth rate .. if they do manage to sell it off, probably just a bunch of rich people hoarding house..
Yes, that's is what I am thinking and this is what happen too. Those rich people are hoarding their kids house also, buy low sell high back to their kids. What an good idea right?
Steve Poi A project for the rich not for the poor😢
indeed the properties might be bought but no one plans to stay in there
There is a housing bubble everywhere.
Wish y'all all the best from Singapore!!
The property market will be oversaturated and the sad part is that non of the locals can afford to buy it.
Mr Pink Hopefully with the arrival of our new prime minister, Tun Mahathir would fix that for us by lowering the standard of living and better income for the maojority of Malaysian.
@@Vysair oh really? Hahah
@@aidielf How well that aged...and ironically Najib is the one that attracted investor (China) to Malaysia which helps us in the long run. Though Mahathir bilateral trade and bonds also helps us.
real reason malaysia is building this is to pull singaporeans. Over the past years singapore has had its economy increased drastically to the point where malaysia couldnt keep up, sooo... malaysias gdp growth wasnt as high, currency dropped, and more imagrants were needed to fill in work spaces that malaysians themselves dont want to do, what malaysia is trying to do is to expand business, malaysians love business, with this project they are trying to increase entrepreneurship because with our country being bigger and more populated than singapore, we need more amounts of entrepreneurs so these things are just small steps that malaysia is making to become on par with singapore (economically speaking) again like the old days.
lol nice fairy tales you got there.
I do not know that the buyer where countries from? If mostly buyers from PRC Mainland of china Maybe i'm not disagree...
Malaysia for malaysian people's
I agree with you, but at least its from reclaimed land. Basically the PRC folks buy expensive house built on underutilized land that were under the sea that never been used before.
This comment was edited so the replies below make no sense.
Space Potato thanks dude.
Thank you xoxo
DEMV Rude Hahahaha
Zarul Izzwan More power for the SEA
DEMV
Bahasa Malaysia / Filipino :
pukimak kau/puki ni ina mo!
Forest City - Foreigner's City
@Redlight I hope an island forest city should be sold or lease for 99 years to the Singapore government.
I had to be honest. I am a Malaysian from Johor. The amount of money spent on these developments could be used to improve schools (renovating or rebuilding etc as they are no new facilities the past decades) and spent on improving Malaysia as a whole not just in Iskandar. Locals can't afford these expensive housing! Malaysia is building a ghost town here.....(is just my opinion)
Why would China's money given to develop Malaysian schools? Forest City is 90% China investment.
@@antitroll98 who tell you that china only 60%lol 40% is our sultan johor n other company
100 billion dollars. thats insane
anon ymous 100billion for the developement is not insane.
whereas spending trillions to kill middle eastern kids is insane
Elias Khan there is no evidence from the past or present wars suggesting that. so i am not going to say anything.
Elias Khan you are somewhat true
Many unsuspecting PRCs from mainland are funding these! How? well, it was channeled through AIIB for the party's overseas investments... The CCP can't tell their people how, but in 2015, the stock market meltdown had many of the investers questioned where the 6Trillion RMB went??? The CCP kept mum til a pseudo "investigation" committee setup went into perpetual standstill, no one dared bring up the topic again.... Your guess is as good as mine!
There are recently many protesters in China shouting out to the developer 碧桂园 for their fraudulent practices in these projects... Whistle blowers explained how the general citizens of PRC are using their own money to buy their own product, which means spending twice the money to buy a vapour ware from the future... Well 20 years??? U kiddin me?
Love Malaysia from Turkey! (beware of chinese influence)
Lol. You are not listening. That’s exactly what they are looking for.
I'm Malaysian and of all the States only Penang is making money without this kind of development. I have yet to hear anything about Johor making a profit. What am I missing here? This is more like a China development of their famous Ghost Town, imho.
Support China company, no other reason.
If Malaysia government can do better than them? Why we need China company?
For those who said Chinese company invade Malaysia, tanah telah dijajah but why don't you think about the reason that our government need to cooperate with China government/company.
Frankly, none of them can decide the future of Malaysia, only Malaysian and the government that we choose can make a choice
3 times the size of Singapore.
Sg claims to be a garden city.
Iskandar is a Forrest City.
Just look at the number of unsold condominiums in JB... there's going to be a lot of ghost town.
rather than wasting money on it,, better develop other poorer states like Sabah and Sarawak :v
its not goverment money la its china's
time for sarawak to be develop,borneo boleh,jakarta baru
@@sweehoohoo1915
Jerebu Sabah Sarawak semakin teruk. New Djakarta to Borneo.
Agree with you, it is more peaceful in Sabah and Sarawak, peolple could live together in harmony
Technically they are rich in resources. Just that the money earned from there went to KL (and I Guess Iskandar)
im from Malaysia,
This host is shot out. The goofy walk, the way he speaks.....toasted.
I wanna give him a cough syrup.. he sounded like he smoke 100 cigarettes lol
elrey023 it's just western humour...
The only reason people buy the property is to play with that gong
hahahahaha never thought of it that way. Maybe its an expensive gong. Maybe gong is made by LV, or prada or hermes
Spend rm90 they can buy that gong & hit anytime they want.
Spend above rm600k just to hit once? Haha
Love Malaysia from China
fighting!Malaysia!加油
1:36 - "Who's going to buy all these properties?" One sentence and it aptly summarizes what many Malaysia, Singapore, Hong Kong, Taiwan and China investors think of Iskandar Malaysia - that it's a beautiful ghost-town in the making unless prices are drastically lowered!
I went to the city. It just.. I don't feel something good about it. The feeling you get when something bad is about to happen. I don't really believe it but that very feeling is real.
ShenZhen succeed is because of a pool of hardworking workforce and committed govt policy.... Do Malaysia have the same conditions? Been proximity to Singapore is not the answer.
Some of these comments are insular and ignorant. Malaysia and China have a long relationship since the times of the Malacca sultanate. For the Chinese to invest so much money in Malaysia clearly shows that they have confidence in Malaysia and its economy.
just drove around in early 2018, this place is a ghost town.
malaysia is amazing,im from indonesia and all i can do here is just dreamng that smthng like this wll build in my country,im amaze and in the same time im so jealous with malysia.greeting from indonesia..
christofel malik njirr ini mah buat cina gw mah sedikitpun gak jelous njirr. 😂😂
We are overkill on the expectation views here, I can feel something is shaking
Love Malaysia from Indonesia...
Erwin Smith love love negara tetangga segala... maksudnya biar kekinian gitu? zzzz
+yudi yanto sirik tanda tak mampu. darpada di negara sendiri paling diteriakin aseng.
lu kasi apreasiasi sama malon, bilang bilang love from indo lah.. apa malon bales dengan kebaikan? yg ada mreka makin srneng ngejekin loe
dimana harga diri loe?
yudi yanto harga diri apaan klo di negara ini FPI masih bisa beroperasi...
Apresiasi pihak lain ga perlu dikaitkan dgn harga diri, klo mereka bales dgn ejekan yg klihatan childish jg mereka kok.. Lagian citra indonesia jg ga oke" bgt kok di mata internasional (cm ktolong bali) gausa terlalu gedein gengsi lah buat sekedar ramah dgn "tetangga"
Already got one property here. Alhamdulillah..
2020 now and this mega project slowly will bounce to the peak of the first initial start.. As we all finally knew PH government couldn’t provide better stimulation on economic growth,they have to rely on previous government plannings to earn the benefits without efforts..
Interesting. JB has boomed compared to our visit ten years ago. We were there a few months ago. It could become a little extreme.
Singapore may be congested with many apartment blocks close to each other but on a closer look, the layout is cleverly done with many engineering considerations i.e. spacing between apartments, height restriction, traffic flow on roads. Plus the government provides excellent maintenance of public facilities i.e. roads, traffic lights, trees, shrubs, all the buried facilities ( gas, electricity, water, sewerage) buried under the roads. Singaporeans will not move from Singapore.
With this, I can ensure that the property bubble in Malaysia is going to burst soon.
Do you know that up to 40% of building spaces in the prosper and bustling KL is not rented out?
And just imagine in Johor Bahru.
Seems like whole ASEAN one by one will go forth
Soon Malaysia will be another tibet
Stop been jealous Malaysia will alway be Malaysia.
Malaysia is currently planning for 2030. Another 1000 km of highways and expressways are already being built. About 5 new train lines are being constructed, including two planned high speed train networks. At least 5 super high towers would be built in Malaysia by 2030, not including the PNB 118 (the world's second tallest building to be completed in 2021). Malaysia is always forward thinking. If its neighbors build cities by then, Malaysia would already have 3 to 4 times their developments. All these from 10 year strategic plans devised with the assistance of experts of industry and government, including foreign investors. There will be more than USD 100 billion of foreign investments in the country before 2030, as commited by these investors. Lets not forget that the manufacturing hub for global IT is in Malaysia now at its own Silicon island state. Malaysia is ahead of the curve. Expect a fully industrialized nations status quite soon.
I spoke to a property agent and he said that water leakage in new apartments are common. That is shocking. 95% of Singapore are apartments and water leakage only occurs in old apartments and even then in a small percentage...not due to the piping but the cementing between the tiled floor and the piping. So, what the agent told me was shocking.
the price start from RM600,000... Malaysia will afford to buy this residence...Damn...
Projet mewah untuk warga asing,,,,hanya segelintir orang Malaysia saja yang manpu milik,,selain nya hanya mampu tengok dan cuci mata,,dana Negara Malaysia yang kelurkan yanag nemati bangsa asing,rakyat Malaysia jadi penbayar hutang dari cukai yang di kenakan,,,,,
Many high rise luxury condos that both foreigner and local cannot afford. The time will come where there are plenty of homes, yet many will be homeless.
awwww,,,, we need such massive development here in Ghana,,,,,, somewhere around Tarkoradi
It was so funny when he runs after hitting the Gong😂😂😂
Malaysia will be truly Asia soon !
You will soon different nationalities throughout Asia staying in Forest City.
It will be good for Malaysia economically and helps to speed up development of the country.
Hi CNN,
In the middle of nowhere? FYI this is the land of full of happiness which where in this world you can found a multi-racial land that are living in peace, harmony, growing together & being an economic region to be the great nation. Yes, like you have said we are 100% ready to be the great nation in the 21st century.
#forestcity
#iskandar
#malaysia
Regards,
Arif
Its a bubble ready to POP! We in Indonesia are watching with excitements LMAO waiting for the Malaysian bubble to pop! Can't wait.
Iqbal Ezra kerja kamu tunggu saja la....sebabtu indonesia miskin tak bangun2, sebab semuanya jenis tunggu macam kamu. org sudah jauh maju kamu masih tunggu....tunggu
Because singapore cannot expand further , some food firms may come in iskanda , but if you are expecting complete development over that large area 3 times of singapore , then it's not possible for over half century more
It is a huge bubble going to burst just like the US Property!!!!!
Jakarta is sinking, Singapore won’t sustain for long! Iskandar is a good place for Singapore to move! I think this is their plan!
Love Malaysia from Indonesia :)) Btw kinda similar to Indonesia, the property business is rising and also condominium apartment.. I dont know does rich people choose living in a Building more than a house?
80% will be own by china people not malaysia people....
project area is 3 times the size of Singapore, if the project succeeds the residents will be 80% Chinese, both local as well as people from PRC, which is not good for Malayia, in future they may secede from Malaysia, like Singapore did in the past. if the project fails, it will screw Malaysia's economy. either way PRC will not be a looser.
Im okay with all the development,just rest in peace,Mother Earth
I last heard , china makes it difficult to bring out money. A lot of buyers hv difficulty keeping up with the purchase.
Check any apartment for rent in all the towns or cities. You can pay for 18 years of rental before you reach the purchase price. Not to forget the fees, repairs and most certainly, the write-off of the apartment later. No second-hand market for apartments in Malaysia.
Ga lama lg malaysia akan seperti singapura.
Malaysia need new PM to achieve it
They forecast on the next 10 years going to be 3million malaysian people living in Johor Bahru. But out of 3 million, how many will be able to buy the property? Obviously they will sell it to the foreigner, Singaporean & Chinese Mainland.
im here in Iskandar, near the JB woodlands checkpoint. There are 600-800 units in this development. At night you only see about 15-20 apartments with lights on. The apartments are beautiful though. Much more space then SG! I think its just going to be one of those things that takes time to develop...
It will remain a semi-ghost town for many years. Malaysia is a big country and development in key States are competing with each other. Hence, Johor will not be that successful. Factories are all away from JB. Other than week-end shopping, what is there to attract Singaporeans to live there? Perhaps when the Mass Rapid Transit is operating in end-2026, JB town centre may be more popular but it is still a big IF.
shenzen is industrial are and this is rich ppl rest area without industry.
Asia is rising very rapidly
Malaysia really really will be modern and legendary country in the world!
All I can say good luck to Malaysia and those who invested.😁
Most investors are losing their money. My friend has a JB apartment. No buyer. Now letting a relative live there for free.
Saya yakin yg bakal menghuni bukan orang malaysia asli, melainkan pendatang. Malaysia penduduknya sdikit dan sudah punya rumah masing2.
Kasihan orang malaysia asli bakal tersingkir oleh pendatang,
This place is gonna be a foreigners city
I like this reporter because he is like tv show host.
Can someone explain,why such hate for Richard Quest...?
cuz they're born n raised in the village aka kampong..
Come on man guys that's intruding singapore's territory. Singapore has the right to sue u..
100 billion dollars ....? its an inflated figure .....Tis is wt china did and nw in the edge of bankruptcy .... Any bad news from china will affect the project very badly.... Cant compare with Singapore..
u should review Melaka/Melacca Gateaway Malaysia. Recommend it !
Is forest city a ghost city now as beijing limit the cash outflow overseas?
It is not about how big is the population but if that population can afford.
Richard Quest: WHO IS GOING TO BUY ALL OF THIS REAL ESTATE?
Answer: ALL MALAYSIANS AND SINGAPOREANS WORKING IN SINGAPORE! Tada.....
ngiri lah sama malaysia, beda sama indo, masih rasis, ga mau maju dan kerja keras bareng-bareng...dan tentunya indo apa2 serba di politisasi, apa2 pro kontra ga abis2, susah dikit teriak...agak pesimis sama negara sendiri..😓
Rokhmat Nyos Terima Kasih.Moga indo juga maju✌
Sekarang udah ada Jokowi aku sendiri dari Malaysia lihat potensi. Moga2 beliau mampu ubah mentality masyarakat Indonesia. Indonesia itu populasi tinggi memang kelihatan seperti punya ramai yang degil tapi kalau dikira dari sudut ratio lain. Aku sendiri Nampak Indonesia sedang menaik dengan pemerintahan Jokowi. Cuma demo masyarakat aja yang jadi permasalahan.
Forest City di Johore adalah permulaan untok China memiliki tanah dan lama kelamaan menuntut kerakyatan Malaysia dan membiak diJohore hingga kerajaan tidak dapat membendungnya !!!
Malaysia nanti jadi province China
These redeveloping countries cannot say that what Dubai did, had a HUGE influence and inspiration on them
across the border s'pore is already develop , now is this area ,. awesome.... cheers
I have spent weeks looking at Kota Kinabalu, Kuantan, Desaru, Johor Bahru, Batu Pahat, Melaka, Ipoh, Penang, etc. Too many empty properties for rent. Any investor will be squatting on unrented properties for many years. Malaysia is over-built. Depend on Chinese investors....it is a dream. Depend on Singapore investors...they have got burnt badly already.
Forest city isnt for malaysians, it is way too expensive. It's meant for speculators and investors.
From my perspective its not that expensive only around RM800k for it location.
At my place, a new house worth RM750K and where is it?
Near a small town called Sungai Pelek.
Have you ever heard of that place.
Nothing benefit the local at all, and what foreign business investment? Even Pinewood already pulled from from here.
Johor Bahru has been next to Singapore since time memorial. Is it booming at the level singapore is for the last 50 years? What makes iskandar so special ? Think about that when u invest your hard money.
By the time it finished the development, the world have end....
The reporter acted as if everything around him is hilarious and stupid, when he could have at least be polite and discuss the matters in a more formal way.
It doesn't even fit the narrative they're trying to push. If you really want to push a narrative that says 'China is conquering everything', then at least discuss the facts in a serious way instead of trying to goof off like this and treat it like a freak show.
Irval Firestar
Because he knows that all this will be a HUGH housing bubble that will pop very soon. Not many people are buying them. I rather invest in Singapore’s property.
Overly ambitious move doomed to fail.
hope prime minister don't corrupt the budget for the city
100 billion dollar? its crazy
Let's hope this will cause the house price in Johor Bahru become affordable...
get internet in Port Dickson and Malacca would be a good start
china bringing their country to malaysia....great
malaysia, soon to be a province of people's republic of china.
are they gonna ban youtube and facebook too???
Ride One That's why we need to rise and show how strong and capable the malay race are.
Oh Wow! Awesome mega project!
Not really true that Malaysian apartments are more spacious than Singapore. Most of them are small i.e. 60 sq m to 85 sq m with 3 bedrooms squeezed into a 85 sq m space. The really spacious ones above 200 sq are aimed at wealthy foreign buyers but the market is small at that price level. In Singapore, one can get a HDB flat that is around 85 sq m easily with all the comforts of facilities without having to pay any maintenance fees. In JB, they are all private condos and hence you need to pay the fees (maintenance, sinking fund, etc.) Renting in Malaysia is far better for any foreigner...without the hassle of upkeep.
How will this surrounding of singapore affect singapore? If Iskandar is a Shenzhen, is singapore the next HongKong?
What is wrong with Richard Quest? Meltdown?
RIP ORG MELAYU DI JOHOR SECARA TIDAK SEDAR TANAH NYA DI JAJAH
90% PEMBELI ADALAH ORG KAYA DARI CHINA DAN SELEBIH NYA UNTUK ORG MALAYSIA
DI KL BNYK ORG CHINA DAN MELAYU SUDAH PUDAR
TIDAK LAMA LG MALAYSIA AKAN JDI SINGAPORE... MATI ORG MELAYU DI SEBABKAN MENGEJAR DUNIA DAN GILA DUIT
Sultan Johor pada zaman ke-19 memberi tanah kepada orang Cina bekerja. Tak kena jajah pun.
mane tanahnye...forest city tu asal tanahnye ditambak dengan pasir...bodoh..jangan jadi macam org negara sebelah boleh tak
idup kita
korg la budak kampung, mana2 cina lagi kaya dari melayu. ko ada wang ke nak membeli?
Tanah dalam laut
Aspirasi TV
bukan mcm tu, cina spork akan beli apart tetapi melayu plak yg krna bayar sbb tinggal kot forest city tu
I really like this video.
I bet that will take 100 years to do that project
it's meant for the rich ones.... the locals... yes.. for the rich ones... too...the poor ones... u can live in tents... camping sets are cheap... live along the beach.... or built floating houses...
Malaysia has only a few elephants left. So, White Elephants like these will help to increase the elephant population. Look at any of the numerous condos...and you see dozens to over 800 apartments avaialble for rent. Who is renting? From Singapore? Very few and those renting are just a few thousands. Malaysian? They all have cars and will drive outside to spacious landed properties at much cheaper cost....Malaysians do not like to live in crowded cities except in the Klang Valley (KL, Petaling Jaya) but that premier location has frequent water stoppage.
Singapore population has already peaked. Economy is struggling to avoid a recession. Expats population has decreased due to high costs and also Government is issuing less visas except to the top calibre (numbering perhaps a few hundreds). Singaporeans can be assured of an apartment, assured that in times of recessions or economic slowdown, the government will allow them longer repayment periods, etc. Not when they invest in JB. No way, I will buy in JB. Rent, maybe.